Zacks Industry Outlook Highlights Automatic Data Processing, Paychex, Broadridge Financial Solutions and Genpact
Nasdaq For Immediate Release
Chicago, IL September 6, 2023 Today, Zacks Equity Research discusses Automatic Data Processing, Inc. ADP, Paychex, Inc. PAYX, Broadridge Financial Solutions, Inc. BR and Genpact Ltd. G.
Industry: Outsourcing
Link: https://www.zacks.com/commentary/2144715/4-stocks-to-benefit-from-a-blooming-outsourcing-industry
Driven by economic, technological and business factors, the Zacks Outsourcing industry has grown significantly over time. Key factors include cost savings, access to skilled talent, and the ability to focus on core competencies. According to ReportLinker's report, the outsourcing sector is anticipated to witness a substantial growth of USD 75.89 trillion from 2023 to 2027, with a steady compound annual growth rate (CAGR) of 6.5%.
Automatic Data Processing, Inc., Paychex, Inc., Broadridge Financial Solutions, Inc. and Genpact Ltd. can be considered by investors from the in-focus Outsourcing market.