Outsourcing refers to the contracting out of a certain business process such as claims processing and payroll processing and types of operational and non-core functions such as call center support, facility management, and manufacturing to a third party. Outsourcing involves both domestic and foreign contracting, and many a times it also involves nearshoring which is the transfer of business activity to a neighboring or nearby country and offshoring which is the relocating of a business process to a distant country. Globalization is one of the primary factors which is expected to benefit the growth of this industry. QYResearchReports.com has a stock of several reports under the outsourcing segment which covers regional as well as a global picture considering the impact of several constructive and destructive factors. It stresses on the growth projections along with encounters faced by players and the progress of each segment under each report is also measured.