Global Knowledge Process Outsourcing Market 2024-2028
The knowledge process outsourcing market is forecasted to grow by USD 141261.2 mn during 2023-2028, accelerating at a CAGR of 19.51% during the forecast period. The report on the knowledge process outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing digital transformation, focus on reducing operational costs, and increasing demand for specialized knowledge and expertise.
Technavio's knowledge process outsourcing market is segmented as below:
- By Type
- Legal process outsourcing
- Financial process outsourcing
- R and D outsourcing
- Publishing outsourcing
- Others
- By End-user
- BFSI
- Healthcare
- IT and telecom
- Manufacturing
- Others
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing number of delivery centers as one of the prime reasons driving the knowledge process outsourcing market growth during the next few years. Also, proliferation of new technologies and increased demand for kpo services from small and medium-scale enterprises (smes) will lead to sizable demand in the market.
The report on the knowledge process outsourcing market covers the following areas:
- Knowledge process outsourcing market sizing
- Knowledge process outsourcing market forecast
- Knowledge process outsourcing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading knowledge process outsourcing market vendors that include Accenture Plc, Capgemini Service SAS, Cognizant Technology Solutions Corp., CRISIL Ltd., Ernst and Young Global Ltd., ExlService Holdings Inc., Genpact Ltd., HCL Technologies Ltd., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., McKinsey and Co., Moodys Corp., Mphasis Ltd., Oracle Corp., SAP SE, Sutherland Global Services Inc., Tata Consultancy Services Ltd., Wipro Ltd., and WNS Holdings Ltd.. Also, the knowledge process outsourcing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.