Finance and Accounting BPO Services Market to Grow at 9.1% CAGR Through 2030, Fueled by Digital Finance and Talent Gaps

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Industry Experts, Inc. today unveils "Finance and Accounting (F&A) BPO Services - A Global Market Overview," projecting the market to expand from US$60.2 billion in 2024 to US$101.5 billion by 2030 at a CAGR of 9.1%. The report notes a shift from labor arbitrage to outcome-based, digital-first engagements, with intelligent automation, AI-powered analytics and predictive capabilities embedded into accounts payable, record-to-report and tax processing workflows. Platform-based finance outsourcing models now offer subscription-style, end-to-end visibility and compliance assurance as enterprises seek strategic insights rather than basic operational support.

North America leads with a 36.5% share in 2024, driven by early digital transformation and outsourcing maturity among vendors such as Genpact, Accenture and Infosys BPM. Europe follows on the strength of regulatory-driven finance modernization, while Asia-Pacific is the fastest-growing region at an 11.4% CAGR, fueled by cloud ERP adoption and expanding delivery centers. South America grows at 9.5% and Middle East & Africa at 8.2%, supported by bilingual capabilities and rising finance talent shortages in developed economies.

Order-to-Cash remains the largest service segment, representing 53% of global F&A BPO value in 2024 as companies automate receivables and working-capital management. Source-to-Pay is the fastest-growing segment at an 11.8% CAGR, driven by spend-visibility platforms and ESG-linked supplier compliance. Procure-to-Pay follows closely with a 10.3% CAGR, reflecting investments in invoice matching and exception management.

Large enterprises account for over 60% of market value as they pursue end-to-end transformation engagements, while SMEs expand fastest at a 10.2% CAGR thanks to modular, tech-enabled finance solutions. Among industry verticals, IT & Telecom is the largest with a 26.2% share in 2024, and Healthcare is the fastest-growing sector at a 10.5% CAGR, propelled by revenue cycle management, claims processing automation and regulatory reporting services.

The report profiles more than 20 leading providers, including Accenture, Genpact, WNS and Capgemini, and analyzes market dynamics by service type, company size and industry sector across North America, Europe, Asia-Pacific, South America and Middle East & Africa. Coverage spans historical data for 2021-2023, 2024 as the base year, and forecasts through 2030, with detailed country-level analysis across 29 independent country markets.

About Industry Experts, Inc.
Industry Experts, Inc. ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable corporate strategists, analysts, researchers and startups in obtaining crisp, unbiased current and future market data. For more information, contact us at +1-320-497-3787 or visit https://industry-experts.com.

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