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According to Statista (paywall), the globaloutsourcing market earned $85.6 These statistics predict a megatrend that will reshape the outsourcing market. . The Philippines also ranked first in Business English Proficiency, based on a study by the Global English Corporation. billion in 2018 and significantly more in 2019.
Countries are competing to maximize this huge potential to provide quality jobs to its people through outsourcing. Countries compete daily to make its mark in the globaloutsourcing market. Literacy Rate: There is no significant change since the UNESCO 2015 report and the US still enjoys 99% literacy rate.
The Philippines has been a part of the globaloutsourcing industry. In 2015, the country’s BPO industry is at its highest peak. However, it was resolved even before it affected jobs. More and more companies will invest and that means there will be more jobs available. It was great; everything was going smoothly.
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