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In 2018, the global traditional outsourcing industry generated 85.6 billion U.S. dollars in revenue. In that same year, the total contract value of the business process outsourcing (BPO) market amounted to 23.6 billion U.S. dollars.

Statista

More Tech Services Stats

The median startup spends 92% of first year revenue on customer acquisition, taking 11-months to payback their Customer Acquisition Cost

High-growth companies offer a return to shareholders 5 times greater than medium-growth companies

Women in western countries use the internet 17 percent more than their male counterparts

Google only has a 30 percent female workforce

orecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023.

83% of China’s digital shoppers made an online purchase in the past month

In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.

51% of large (revenue >$2.5million) SaaS companies use field sales as their primary method of distribution

It’s 4x cheaper to upsell existing customers than acquire new customers: costing just $0.28 to acquire an additional dollar of revenue

In 2017, the world invested around 3.4 billion U.S. dollars in small hydropower technologies, down from 3.9 billion U.S. dollars in 2016.

More Growth Strategy Stats

Women in western countries use the internet 17 percent more than their male counterparts

The 2015 median revenue growth rate was 44%, while the median projected growth rate for 2016 is 48%

The average Quick Ratio of fastest growing SaaS companies (those with a CAGR of over 50%) is 3.9: generating $3.9 in revenue for every $1 lost to revenue churn

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

More than two thirds of SAAS companies experienced annual churn rates of 5% or higher

The average SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

Software and online services are in a period of dizzying growth

SaaS companies in the $7.5MM-$15MM range are among the fastest growers

Google only has a 30 percent female workforce

The metrics that matter for each sales funnel, vary from one company to the next depending on the steps involved in the funnel

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