Knowledge Process Outsourcing Market - Demand, Insights, Analysis, Opportunities


Posted May 28, 2018 by CmrSaif

The Knowledge Process Outsourcing (KPO) Market was worth USD 18.85 billion in 2014 and is expected to reach approximately USD 122.59 billion by 2023

 
The Knowledge Process Outsourcing (KPO) Market was worth USD 18.85 billion in 2014 and is expected to reach approximately USD 122.59 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 23.13% during the forecast period. The expanding requirement for higher flexibility in Service Level Agreements (SLAs) and simplicity in change administration hones alongside cost slicing is expected to help the development of KPO industry. Outsourcing critical processes engaged with their system empowers ventures to spare a lot of time and money. The rising interest for proficient administrations, for example, managed services, research, training, and upkeep is further instrumental in quickening the business development.

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Service Outlook and Trend Analysis:
Legal process outsourcing is evaluated to rise as the quickest developing administration fragment in the market, attributable to the effectiveness of administrations gave and lessening in cost. The section is anticipated to develop significantly in the following years. Legal functions that are typically outsourced incorporate legitimate analytics, litigation management, and contract management.

Application Outlook and Trend Analysis:
The selection of knowledge process outsourcing services in IT and telecom division is picking up footing. The portion is ventured to develop significantly throughout the following years. Inferable from broad database in the IT and Telecom area that is divided and expanding over some stretch of time is anticipated to quicken the market development over the conjecture time frame.

Regional Outlook and Trend Analysis:
The Asia Pacific locale was esteemed at USD 22.23 billion in the year 2016 that ruled the market with a most extreme number of KPO firms and consultancies in the district. This can be ascribed to the fast off-shoring of critical procedures and expert administrations. The expanding existence of skilled experts, for example, architects, engineers, attorneys in rising economies, for example, China, India and Philippines, is driving the market development.

Competitive Insights:
The leading players in the market are Moody's Investors Service, HCL Technologies, Accenture, Mphasis, Wipro, EXL Service Hadapsar, McKinsey & Company and Genpact. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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The Knowledge Process Outsourcing (KPO) Market is segmented as follows-
By Service:
Engineering & Design
Legal Process Outsourcing
Research & Development Outsourcing
Analytics & Market Research
Operations & Supply Chain Analytics
Customer & Marketing Analytics
Competitive Intelligence & Industry Analysis

By Application:
Healthcare
Manufacturing
Retail
BFSI
IT & Telecom
Pharmaceutical
Others

By Region
North America
U.S.
Canada
Mexico

Europe
Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America
Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Market Classification
Knowledge Process Outsourcing Market, By Service, Estimates and Forecast, 2014-2023 ($Million)
Analytics & Market Research Engineering & Design
Customer & Marketing Analytics
Operations & Supply Chain Analytics
Competitive Intelligence & Industry Analysis
Financial Process Outsourcing
Legal Process Outsourcing
Publishing Outsourcing
Research & Development Outsourcing
Other Services

Knowledge Process Outsourcing Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
BFSI
Healthcare
IT & Telecom
Manufacturing
Pharmaceutical
Retail
Other Applications

Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Knowledge Process Outsourcing Market, By Service
6.Knowledge Process Outsourcing Market, By Application
7.Knowledge Process Outsourcing Market, By Region
8.Company Profiles
9.Global Knowledge Process Outsourcing Market Competition, by Manufacturer
10.Knowledge Process Outsourcing Market Forecast (2018-2023)
….

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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Issued By saif bagwan
Country United States
Categories Advertising , Business , Marketing
Last Updated May 28, 2018