From Auditors to Providers: Big Four’s Journey into FAO Services | Blog
Everest Group
MAY 16, 2024
Though FAO is the most mature BPO segment, there is enough white space for new and incumbent players to mark their presence in the market. With an estimated total addressable market of US$80-85 billion in 2023, the penetration rate is no more than 15-17%. The Big Four will bring a new set of first-generation FAO buyers with them.
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