The BPO (business process outsourcing) industry has become a powerful Singapore economic sector in the past few years, reaching one of the highest growth rates in comparison with other well-established industries. The large number of small companies offering BPO services transformed the data center market in Singapore into one of the most profitable sectors in 2017, with an annual revenue estimated at 1.3 billion SGD (934 million USD). If you want to set up a BPO business in the city-state, our Singapore company formation agents can advise you.