South Korea Finance And Accounting Business Process Outsourcing Market Size & Outlook

The finance and accounting business process outsourcing market in South Korea is expected to reach a projected revenue of US$ 1,220.0 million by 2030. A compound annual growth rate of 9.6% is expected of South Korea finance and accounting business process outsourcing market from 2025 to 2030.
Revenue, 2024 (US$M)
$705.7
Forecast, 2030 (US$M)
$1,220.0
CAGR, 2025 - 2030
9.6%
Report Coverage
South Korea

South Korea finance and accounting business process outsourcing market, 2018-2030 (US$M)

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South Korea finance and accounting business process outsourcing market highlights

  • The South Korea finance and accounting business process outsourcing market generated a revenue of USD 705.7 million in 2024 and is expected to reach USD 1,220.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 9.6% from 2025 to 2030.
  • In terms of segment, order-to-cash was the largest revenue generating service in 2024.
  • Source-to-Pay is the most lucrative service segment registering the fastest growth during the forecast period.

Finance and accounting business process outsourcing market data book summary

Market revenue in 2024USD 705.7 million
Market revenue in 2030USD 1,220.0 million
Growth rate9.6% (CAGR from 2025 to 2030)
Largest segmentOrder-to-cash
Fastest growing segmentSource-to-Pay
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOrder-to-Cash, Procure-to-Pay, Record-to-Report, Source-to-Pay, Multi Processed
Key market players worldwideAccenture PLC Class A, Capgemini SE, CK Hutchison Holdings Ltd, Cognizant Technology Solutions Corp Class A, Fiserv Inc, Genpact Ltd, HCL Technologies, Infosys Ltd ADR, International Business Machines Corp, Schneider Electric SE, Tata Consultancy Services, Teleperformance SE, Wipro Ltd ADR

Other key industry trends

  • In terms of revenue, South Korea accounted for 1.1% of the global finance and accounting business process outsourcing market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, India finance and accounting business process outsourcing market is projected to lead the regional market in terms of revenue in 2030.
  • Indonesia is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,126.5 million by 2030.

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Finance And Accounting Business Process Outsourcing Market Companies

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South Korea finance and accounting business process outsourcing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to finance and accounting business process outsourcing market will help companies and investors design strategic landscapes.


Order-to-cash was the largest segment with a revenue share of 50.47% in 2024. Horizon Databook has segmented the South Korea finance and accounting business process outsourcing market based on order-to-cash, procure-to-pay, record-to-report, source-to-pay, multi processed covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of finance and accounting business process outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea finance and accounting business process outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into South Korea finance and accounting business process outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea finance and accounting business process outsourcing market size, by service, 2018-2030 (US$M)

South Korea Finance And Accounting Business Process Outsourcing Market Outlook Share, 2024 & 2030 (US$M)

South Korea finance and accounting business process outsourcing market size, by service, 2018-2030 (US$M)

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