Administration Outsourcing - Finland

Revenue in the Administration Outsourcing market is projected to reach US$526.20m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.59%, resulting in a market volume of US$627.60m by 2029.
The average Spend per Employee in the Administration Outsourcing market is projected to reach US$182.50 in 2024.
In global comparison, most revenue will be generated United States (US$27.29bn in 2024).

Definition :
Administration Outsourcing refers to the market for services associated with the external sourcing of typical IT administration tasks such as hardware supply, setup, configuration, maintenance, security, and support. This market contains all services related to the provision of physical IT equipment, whereas the support of company-owned software is not included.

Administration outsourcing allows organizations to optimize their administrative processes, improve efficiency, and focus on core competencies.

Additional Information:

The Administration Outsourcing market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include Hewlett Packard Enterprise, IBM, Accenture, Capgemini, and CGI.

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Hardware supply, such as Cisco Systems, Hewlett Packard Enterprise (HPE), and Dell Technologies
Hardware configuration, such as CDW (CDW Corporation), World Wide Technology (WWT), and ProSys Information Systems
Hardware maintenance, such as IBM Technology Support Services, Innovative Computer Systems, and Maintech
Security and support, such as Rapid7, Check Point Software Technologies, and Trend Micro

Application outsourcing, such as ScienceSoft, Arcanys, and SumatoSoft
Web hosting, such as GoDaddy, Bluehost, and Amazon Web Services
Customer relationship management, such as Salesforce, SAP Customer Experience(C/4HANA), and Microsoft Dynamics 365
Support of core business functions

The demand for Administration Outsourcing services in Finland has been on the rise in recent years.

Customer preferences: Finnish companies are increasingly turning to Administration Outsourcing services to streamline their operations, reduce costs, and improve efficiency. Many companies prefer to outsource non-core functions such as payroll, accounting, and HR to third-party service providers, allowing them to focus on their core business activities.

Trends in the market: One of the major trends in the Administration Outsourcing market in Finland is the increasing use of digital technologies. Many service providers are leveraging digital tools such as cloud computing, automation, and data analytics to offer more efficient and cost-effective services to their clients. Another trend is the growing popularity of bundled services, where companies can outsource multiple functions to a single provider.

Local special circumstances: Finland has a highly skilled workforce and a strong tradition of innovation, which has helped to drive the growth of the Administration Outsourcing market. Many service providers in Finland are highly specialized and offer niche services that cater to specific industries or functions. Additionally, the country has a favorable business environment and a stable political and economic climate, which makes it an attractive location for outsourcing services.

Underlying macroeconomic factors: The growth of the Administration Outsourcing market in Finland is also being driven by broader macroeconomic factors. These include a highly educated workforce, a strong focus on innovation and technology, and a favorable business climate. Additionally, the country has a well-developed infrastructure and a high level of digitalization, which makes it an ideal location for outsourcing services. The ongoing COVID-19 pandemic has also accelerated the trend towards outsourcing, as many companies seek to reduce costs and improve efficiency in the face of economic uncertainty. In conclusion, the Administration Outsourcing market in Finland is expected to continue growing in the coming years, driven by customer preferences for more efficient and cost-effective services, the increasing use of digital technologies, and favorable local special circumstances. Additionally, the underlying macroeconomic factors, including a highly educated workforce and a strong focus on innovation and technology, are likely to support the growth of the market in the long term.

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.