The Asia Pacific Knowledge Process Outsourcing Market would witness market growth of 15.2% CAGR during the forecast period (2022-2028).
Knowledge process outsourcing offers firms a number of benefits. The potential cost savings are arguably the most essential benefit. Since KPO eliminates the need to pay full-time staff to complete these activities, it can be a very economical way to complete work. Additionally, it frees up the time of the current workers so they may concentrate on activities that are more important. Access to a bigger talent pool is another benefit of knowledge process outsourcing.
One could have access to a much wider selection of workers when they outsource to a third party compared to a third party. This enables them to find the ideal applicant for the position, wherever they may be. Companies must decide whether to handle staffing internally or contract with a specialized agency. Both strategies have advantages and disadvantages, but organizations should be mindful of the dangers of handling hiring internally. By outsourcing the staffing, one can maintain consistency for both company and employees by having a single point of management for all staffing and payroll administration.
The KPO market in the Asia Pacific region is expected to grow more quickly as a result of this. India has a large pool of highly skilled professionals in nearly every industry, including engineering, R&D, pharmacy, and biotechnology. Jobs in KPO are more difficult than those in BPO because KPO offers domain knowledge as well as business experience instead of process expertise, both of which need highly specialized and analytical capabilities. India is becoming the most popular location for KPOs as a result.
The China market dominated the Asia Pacific Knowledge Process Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,799.9 Million by 2028. The Japan market is estimated to grow a CAGR of 14.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 15.9% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Knowledge Process Outsourcing Market is Projected to reach USD 165 Billion by 2028, at a CAGR of 14.8%
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
By Application
- BFSI
- Retail
- Manufacturing
- IT & Telecom
- Healthcare & Pharmaceutical
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Knowledge Process Outsourcing Market, by Service Type
1.4.2 Asia Pacific Knowledge Process Outsourcing Market, by Application
1.4.3 Asia Pacific Knowledge Process Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Knowledge Process Outsourcing Market
Chapter 4. Asia Pacific Knowledge Process Outsourcing Market by Service Type
4.1 Asia Pacific Analytics & Market Research Market by Country
4.2 Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type
4.2.1 Asia Pacific Customer & Marketing Analytics Market by Country
4.2.2 Asia Pacific Operations & Supply Chain Analytics Market by Country
4.2.3 Asia Pacific Competitive Intelligence & Industry Analysis Market by Country
4.3 Asia Pacific Engineering & Design Market by Country
4.4 Asia Pacific Legal Process Outsourcing Market by Country
4.5 Asia Pacific Publishing Outsourcing Market by Country
4.6 Asia Pacific Research & Development Outsourcing Market by Country
4.7 Asia Pacific Financial Process Outsourcing Market by Country
4.8 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Knowledge Process Outsourcing Market by Application
5.1 Asia Pacific BFSI Market by Country
5.2 Asia Pacific Retail Market by Country
5.3 Asia Pacific Manufacturing Market by Country
5.4 Asia Pacific IT & Telecom Market by Country
5.5 Asia Pacific Healthcare & Pharmaceutical Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Knowledge Process Outsourcing Market by Country
6.1 China Knowledge Process Outsourcing Market
6.1.1 China Knowledge Process Outsourcing Market by Service Type
6.1.1.1 China Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.1.2 China Knowledge Process Outsourcing Market by Application
6.2 Japan Knowledge Process Outsourcing Market
6.2.1 Japan Knowledge Process Outsourcing Market by Service Type
6.2.1.1 Japan Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.2.2 Japan Knowledge Process Outsourcing Market by Application
6.3 India Knowledge Process Outsourcing Market
6.3.1 India Knowledge Process Outsourcing Market by Service Type
6.3.1.1 India Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.3.2 India Knowledge Process Outsourcing Market by Application
6.4 South Korea Knowledge Process Outsourcing Market
6.4.1 South Korea Knowledge Process Outsourcing Market by Service Type
6.4.1.1 South Korea Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.4.2 South Korea Knowledge Process Outsourcing Market by Application
6.5 Singapore Knowledge Process Outsourcing Market
6.5.1 Singapore Knowledge Process Outsourcing Market by Service Type
6.5.1.1 Singapore Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.5.2 Singapore Knowledge Process Outsourcing Market by Application
6.6 Malaysia Knowledge Process Outsourcing Market
6.6.1 Malaysia Knowledge Process Outsourcing Market by Service Type
6.6.1.1 Malaysia Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.6.2 Malaysia Knowledge Process Outsourcing Market by Application
6.7 Rest of Asia Pacific Knowledge Process Outsourcing Market
6.7.1 Rest of Asia Pacific Knowledge Process Outsourcing Market by Service Type
6.7.1.1 Rest of Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.7.2 Rest of Asia Pacific Knowledge Process Outsourcing Market by Application
Chapter 7. Company Profiles
7.1 Accenture PLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Wipro Limited
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 Genpact Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Acquisition and Mergers:
7.3.4.2 Geographical Expansions:
7.4 HCL Technologies Ltd. (HCL Enterprises)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 ExlService Holdings, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.6 McKinsey & Company
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Acquisition and Mergers:
7.7 Moody’s Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segment & Regional Analysis
7.8 Mphasis Limited (Blackstone, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segment & Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.9 Ernst & Young Global Limited (Pangea3)
7.9.1 Company Overview
7.10. R. R. Donnelley & Sons company
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segment & Regional Analysis
TABLE 1 Asia Pacific Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Analytics & Market Research Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Analytics & Market Research Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Customer & Marketing Analytics Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Customer & Marketing Analytics Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Operations & Supply Chain Analytics Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Operations & Supply Chain Analytics Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Competitive Intelligence & Industry Analysis Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Competitive Intelligence & Industry Analysis Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Engineering & Design Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Engineering & Design Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Legal Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Legal Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Publishing Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Publishing Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Research & Development Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Research & Development Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Financial Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Financial Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 29 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Healthcare & Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Healthcare & Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Knowledge Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Knowledge Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 43 China Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 44 China Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 45 China Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 46 China Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 47 China Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 48 China Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 49 China Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 50 China Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 51 Japan Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 52 Japan Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 53 Japan Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 54 Japan Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 55 Japan Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 56 Japan Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 57 Japan Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 58 Japan Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 59 India Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 60 India Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 61 India Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 62 India Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 63 India Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 64 India Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 65 India Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 66 India Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 67 South Korea Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 68 South Korea Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 69 South Korea Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 70 South Korea Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 71 South Korea Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 72 South Korea Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 73 South Korea Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 74 South Korea Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 75 Singapore Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 76 Singapore Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 77 Singapore Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 78 Singapore Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 79 Singapore Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 80 Singapore Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 81 Singapore Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 82 Singapore Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 83 Malaysia Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 84 Malaysia Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 85 Malaysia Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 86 Malaysia Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 87 Malaysia Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 88 Malaysia Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 89 Malaysia Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 90 Malaysia Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 99 Key information – Accenture PLC
TABLE 100 Key Information – Wipro Limited
TABLE 101 Key Information – Genpact Limited
TABLE 102 Key Information – HCL Technologies Ltd.
TABLE 103 Key Information – ExlService Holdings, Inc.
TABLE 104 Key Information – McKinsey & Company
TABLE 105 Key information – MOODY’S CORPORATION
TABLE 106 Key information – Mphasis Limited
TABLE 107 Key Information – Ernst & Young Global Limited
TABLE 108 Key information – R. R. Donnelley & Sons Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Accenture plc