The global staffing factoring services market size was estimated at USD 132.6B in 2023 and is projected to grow at a CAGR of 6.6% from 2024 to 2030.
(Grand View Research)
The global BFSI BPO services market size was valued at $85.12 billion in 2020, and is projected to reach $174.94 billion by 2028, growing at a CAGR of 9.7% from 2021 to 2028. (Allied Market Research).
The global business process outsourcing market size was estimated at USD 280.64B in 2023 and is projected to grow at a CAGR of 9.6% from 2024 to 2030.
The demand for contractual and temporary staffing is rising, driven by the need for flexible workforce solutions in industries like IT, healthcare, and engineering.
The Q1 FY25 report reflects that the flexi staffing industry has maintained a robust double-digit growth trend. Additionally, the general staffing segment has demonstrated strong performance with a notable 19.1% year-over-year growth (Indian Staffing Federation, Economic Times)
India is one of the largest exporters of skilled and semi-skilled labor, with over 32M Indian workers employed overseas as of 2025. With 65% of its population under 35 and a median age of 28, India has a young workforce that can become a global talent hub if it has the right skills. (Financial Express, 2025)
India accounts for 63% of the global outsourcing market in 2024, with a growing demand for multilingual talent
India is the largest supplier of nurses and healthcare workers to the Middle East and Europe
BPO/KPO: India accounts for 63% of the global outsourcing market in 2024, with a growing demand for multilingual talent
Healthcare: India is the largest supplier of nurses and healthcare workers to the Middle East and Europe
IT and Engineering: Indian IT professionals are in high demand in the US, Canada, and Europe
Primary: Southeast Asia, Middle East, North America, Europe regions
Secondary: Emerging markets in Africa and APAC
BPO/KPO, IT, healthcare, engineering, construction, hospitality, and finance
Hyderabad | Pune | Bengaluru | Mumbai | Delhi | Gurgaon | Kolkata | Chennai