Global Knowledge Process Outsourcing Market Overview:
Knowledge process outsourcing is a service that highly focuses on delivering value-added services to their clients. The primary objective is to provide clients with required insights that may helping their clients in their strategic decision-making process. The knowledge process outsourcing companies delivers knowledge-intensive work and involve highly skilled professionals including MBAs, CAs, CFAs, engineers, and others. Training is the most essential component of the KPO sector. As the KPO is highly dynamic, helps to keep well-informed with the latest trends, technological advancement, and various developments. Some of the key players profiled in the study are Accenture (Ireland), Genpact (United States), HCL Technologies (India), ExlService (United States), McKinsey & Company (United States), Moody’s Corporation (United States), Mphasis (India), Pangea3 (United States), R.R. Donnelly & Sons Company (United States) and Wipro (India).
On the basis of geography, the market of Knowledge Process Outsourcing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organizations Size, the sub-segment i.e. Small and Medium Size Organization will boost the Knowledge Process Outsourcing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Number of Tier-II Cities
- Rising Number of Merger and Acquisition Activities in Market Competitive Landscape
- Growing Investment in Research and Development Initiatives
- Continuous Change in Technology
- Local KPO Leading Players Are Founding Offshore Centres Across the Globe
Major Market Developments:
In Dec 2019, SPi Global announced the acquisition of Scientific Publishing Services. The company is an end solution provider for print and digital publishers. Through these initiatives, the company is trying to enhance its service portfolio and trying to become more competitive in the market.
The market is fragmented by various leading vendors, the companies are highly focusing on various technologies, improving efficiency and service life. With the growing number of opportunities in the market, and players are trying to capture these opportunities by tracking the continuous process improvement and financial flexibility to invest in business strategies.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Knowledge Process Outsourcing Service Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Knowledge Process Outsourcing market on the basis of product [Analytics & Market Research, Engineering & Design, Financial Process Outsourcing, Legal Process Outsourcing, Publishing Outsourcing, Research & Development Outsourcing and Others] , application [Healthcare, IT & Telecom, Manufacturing, Pharmaceutical, Retail and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Knowledge Process Outsourcing market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Knowledge Process Outsourcing industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Knowledge Process Outsourcing market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.