Europe Knowledge Process Outsourcing Market Size, Share & Industry Trends Analysis Report By Service Type, By Application (BFSI, Retail, Manufacturing, IT & Telecom, Healthcare & Pharmaceutical, and Others), By Country and Growth Forecast, 2022 - 2028

Europe Knowledge Process Outsourcing Market Size, Share & Industry Trends Analysis Report By Service Type, By Application (BFSI, Retail, Manufacturing, IT & Telecom, Healthcare & Pharmaceutical, and Others), By Country and Growth Forecast, 2022 - 2028

The Europe Knowledge Process Outsourcing Market would witness market growth of 14.6% CAGR during the forecast period (2022-2028).

ESO entails contracting out a range of operations, including design, production, and maintenance. Among the major industrial sectors that benefit from ESO are those in the automotive, aerospace, high-tech/telecom, utilities, and construction/industrial machinery industries. Nowadays, almost all businesses are driven by data, which helps them create new products and give consumers better service.

Each industry is seeing a rise in demand for knowledge process outsourcing as a result of the increasing importance of data in organizations. The potential for KPO is enormous because it can be used in a variety of business industries where the world's technically trained professionals and highly skilled laborers have honed specialized knowledge. Engineering, education, law, publishing, entertainment, media, textiles, automobiles, aircraft, software, electronics, insurance, biotechnology, healthcare, and finance are some of these industries.

New healthcare solutions, such as home healthcare, are now required due to the growing financial strain on NHS healthcare spending. As a result, it has been discovered that the cost of home care as a percentage of GDP has gone up during the past ten years. By lowering the number of hospital stays, the concept of home healthcare is likely to lessen the financial burden of healthcare on society. The U.K. home healthcare industry is anticipated to develop as a result of an aging population and an increase in the prevalence of chronic diseases that can be treated at home, such as incontinence, ostomy, diabetic foot ulcer, etc.

The Germany market dominated the Europe Knowledge Process Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,905.1 Million by 2028. The UK market is anticipated to grow at a CAGR of 13.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 15.4% during (2022 - 2028).

Based on Service Type, the market is segmented into Analytics & Market Research (Customer & Marketing Analytics, Operations & Supply Chain Analytics, and Competitive Intelligence & Industry Analysis), Engineering & Design, Legal Process Outsourcing, Publishing Outsourcing, Research & Development Outsourcing, Financial Process Outsourcing, and Others. Based on Application, the market is segmented into BFSI, Retail, Manufacturing, IT & Telecom, Healthcare & Pharmaceutical, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Wipro Limited, Genpact Limited, HCL Technologies Ltd. (HCL Enterprises), ExlService Holdings, Inc., McKinsey & Company, Moody’s Corporation, Mphasis Limited (Blackstone, Inc.), Ernst & Young Global Limited, and R. R. Donnelley & Sons Company.

Scope of the Study

Market Segments covered in the Report:

By Service Type

• Analytics & Market Research
• Customer & Marketing Analytics
• Operations & Supply Chain Analytics
• Competitive Intelligence & Industry Analysis
• Engineering & Design
• Legal Process Outsourcing
• Publishing Outsourcing
• Research & Development Outsourcing
• Financial Process Outsourcing
• Others

• BFSI
• Retail
• Manufacturing
• IT & Telecom
• Healthcare & Pharmaceutical
• Others

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

• Accenture PLC
• Wipro Limited
• Genpact Limited
• HCL Technologies Ltd. (HCL Enterprises)
• ExlService Holdings, Inc.
• McKinsey & Company
• Moody’s Corporation
• Mphasis Limited (Blackstone, Inc.)
• Ernst & Young Global Limited
• R. R. Donnelley & Sons Company

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