Global Knowledge Process Outsourcing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Knowledge Process Outsourcing market:
The latest research study on the global Knowledge Process Outsourcing market finds that the global Knowledge Process Outsourcing market reached a value of USD 83543.85 million in 2022. It’s expected that the market will achieve USD 159193.44 million by 2028, exhibiting a CAGR of 11.34% during the forecast period.

Knowledge process outsourcing (KPO) is the outsourcing of core, information-related business activities. KPO involves outsourcing work to individuals that typically have advanced degrees and expertise in a specialized area.

Market Opportunities
With the increase of global labor costs, especially in developed countries, the low-cost requirements of enterprises are an important condition for their development. Knowledge process outsourcing reduces the management and human resource costs of enterprises by outsourcing high-end processes of the enterprise value chain, so that companies can focus on developing their own advantageous projects. The need for lower labor and management costs will promote the development of the knowledge process outsourcing industry.
In the Asia-Pacific region, Latin America, emerging countries led by China and India, the economic development rate is fast, there are many high-quality talents, and they have advantages such as high productivity and lower labor costs. As the knowledge process outsourcing industry in emerging countries is recognized by more regional companies, it will promote the expansion of the knowledge process outsourcing industry.

Region Overview:
From 2023-2028, India is estimated to witness robust growth prospects.

Company Overview:
Aranca is one of the major players operating in the Knowledge Process Outsourcing market, holding a share of 2.05% in 2019.

Global alternative legal services provider Integreon today announced it has acquired Allegory, the litigation management software business founded by legal tech pioneer Alma Asay. The acquisition brings the addition of Asay – and the entire Allegory team – to Integreon’s deep bench of industry experts in the litigation management and discovery spaces. Allegory’s technology, combined with Integreon’s preeminent human capital, makes legal departments and outside counsel greater than they were before – a combination that provides the industry with an unprecedented, new resource to help manage complex litigation.

Cognizant today announced it has entered into an agreement to acquire Contino, a privately-held technology consulting firm. Contino specializes in helping Global 2,000 clients accelerate their digital transformation by leveraging enterprise DevOps methodologies, a cloud-native development approach, and advanced data platforms. Headquartered in London, Contino has approximately 350 employees worldwide with operations in the United Kingdom, the United States and Australia.

Segmentation Overview:
Among different product types, Analytics & Market Research segment is anticipated to contribute the largest market share in 2028.

Application Overview:
By application, the Healthcare segment occupied the biggest share from 2018 to 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Knowledge Process Outsourcing market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Knowledge Process Outsourcing market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Knowledge Process Outsourcing and its sub-markets in an intuitive way.

Key Companies in the global Knowledge Process Outsourcing market covered in Chapter 3:
Aranca
Genpact
Infosys BPM
Cognizant
Irevna
Lexadigm
Others
WNS Global Services
EXL Service
DDC
Roc Search
Evalueserve
Integreon
Amba Research

In Chapter 4 and Chapter 14.2, on the basis of types, the Knowledge Process Outsourcing market from 2018 to 2029 is primarily split into:
Analytics & Market Research
Engineering & Design
Financial Process Outsourcing
Legal Process Outsourcing
Publishing Outsourcing
Research & Development Outsourcing
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Knowledge Process Outsourcing market from 2018 to 2029 covers:
Healthcare
IT & Telecom
Manufacturing
Pharmaceutical
Retail
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Knowledge Process Outsourcing market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

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