Report Format: PDF
Published Date: Dec-2018 | 190 Pages | Report ID: VSR00450
Global Knowledge Process Outsourcing (KPO) Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global KPO market is expected to grow at a CAGR of 29.13% during the forecast period that is 2017-2025. The market growth majorly driven by industrialization in emerging economies, growing opportunities in different sectors such as IT & telecom, healthcare, manufacturing, retail and pharmaceutical is the major key drivers. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global KPO market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global knowledge process outsourcing market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Services Insights: based on services the global KPO market has been segmented into Legal Process Outsourcing, Analytics and Market Research Services, Engineering & Design, Financial Process, and Research & Development Outsourcing. The Legal Process Outsourcing segment will play significant roles in coming years and is projected to healthy growth over the forecast years in terms of revenue owing to efficiency of services provided and reduction in cost. Analytics and market research services segment has second largest shareholder over the forecast period.
By Application Analysis: By application the worldwide knowledge process outsourcing market is divided into BFSI, Healthcare, IT & Telecom, Manufacturing, Pharmaceutical and Retail. The healthcare is one of the largest market segment in next six years. The healthcare sector for KPO solutions comprise medical devices, hospitals, clinical trials, telemedicine, outsourcing, health insurance, medical equipment, and health insurance. The other segments are rising contribution in global market owing to private and public expenditure and strengthening coverage among many other factors.
Regional Analysis
The global knowledge process outsourcing market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years in terms revenue and industry growth, owing to various advantages of outsourcing, most companies are looking for third-party specializations and analytical expertise for their businesses. Some of the factors affected the market growth such as favorable business environment, availability of trained professionals, high productivity, low labor costs and government policies will boost the market growth in coming years.
India was estimated to hold the largest market share in 2017 and is projected to show its continue dominance in terms of revenue during the forecast period. The market attributed to the increasing educated population, highly skilled professionals with particularized expertise in engineering, law, education, publishing, media, entertainment, industrial machinery, textiles, automotive, aerospace, software, electronics, insurance, biotechnology, healthcare, pharmaceuticals, and financial services is projected to drive well for growth of this region. China will be coming with significant growth in coming years.
Global Knowledge Process Outsourcing (KPO) Market Size, Share Analysis By Region 2017
In 2017, Latin America is anticipated to emerge as the fastest growing region and is projected to cross measurable growth during the next six years due to increasing new investment in the region, focusing on research and development, and high development activities need strong knowledge outsourcing which is projected to witness impressive growth in coming years.
Global KPO Market Study Objective
1. To forecast the market size of knowledge process outsourcing (KPO) market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of knowledge process outsourcing (KPO) market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of knowledge process outsourcing (KPO) market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of knowledge process outsourcing (KPO) market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the knowledge process outsourcing (KPO) market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Some of the prominent key players will be dominating the market include Accenture, EXL Services, Genpact, McKinsey and Company, Moody’s Investors Service, Inc., Mphasis, RR Donnelley & Sons Company, Wipro Limited, and HCL, Inc.; General Motors; Ford Motor Company; United Airlines, Inc.; Morgan Stanley; Reuters, Goldman Sachs Group, Inc.; McKinsey & Company, Citigroup, Inc.; JP Morgan Chase & Co.; Motorola, Inc.; Koninklijke Philips N.V.; Sun Microsystems, Inc.; Texas Instruments, Inc.; Cisco Systems, Inc.; Oracle Corporation, Intel Corporation; Microsoft Corporation; Hewlett-Packard Company (HP); IBM; and GE.
Global Knowledge Process Outsourcing Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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