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The business support services market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period.
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North America was the largest geographic region accounting for $48.1 billion or 35.4% of the global market. The USA was the largest country accounting for $37.2 billion or 27.4% of the global facilities support services market. Read Report https://www.thebusinessresearchcompany.com/report/facilities-support-services-global-market-report-2018
North America was the largest geographic region accounting for $897.1 billion or 35.4% of the global market. The USA was the largest country accounting for $694.3 billion or 27.3% of the global other support services market. Read Report https://www.thebusinessresearchcompany.com/report/other-support-services-global-market-report-2018
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India has emerged as a predominant player as an offshore service provider for business processes. Multinational companies have found India as one of the most desirable countries to do business with due to the variety of factors like low cost, availability of highly qualified workers, English as the common business language, governmental support etc. Industry experts, a B2B sourcing platform, help in finding reliable manufacturing and offshoring consultants in India who command adequate expertise and knowledge to leverage offshoring for the growth of a company’s business.
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Services Global Market provides strategists, marketers and senior management with the critical information they need to assess the global Services sector. The total value of the services sector globally in 2014 was $9,641 billion. Related to a world population of more than 7 billion in 2014 this equates to about $1,377 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the market makes up about 12.4% of the global economy. The world security services market was about $191 billion in 2013. It is expected to grow at 6.9% per annum to $267 billion in 2018. The United States which was the largest market for building maintenance services was worth $143 billion in 2014. It is expected to increase by 4.3% through 2017 to $176.5 billion. A service is an intangible commodity, where the buyer normally, except by exclusive contract, obtains exclusive ownership of the thing purchased.
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