The Latin America, Middle East and Africa Knowledge Process Outsourcing Market would witness market growth of 15.9% CAGR during the forecast period (2022-2028).
The main advantage of KPO is that it lets companies concentrate on their core skills while putting non-core operations in the hands of professionals. Businesses can free up resources that can be better used on strategic initiatives by outsourcing non-essential jobs. For organizations that are diversifying into emerging businesses or product categories, this is extremely important.
Also, significant benefit of outsourcing corporate procedures is enhanced human resources. Another crucial component of relevance in outsourcing is cost-effective labor. Today's businesses need productive, efficient employees who can provide economies of scale. Depending on their goals, businesses can save money on human resources via outsourcing. A corporation can acquire competent and trained labor through outsourcing for incredibly low prices.
The UAE pharmaceutical sector will expand over the next five years as a result of soaring consumer demand for effective pharmaceutical products from the nation's expanding population. The increased demand for pharmaceutical items was helped by infectious disorders brought on by increased tourism, environmental factors, and the most recent viral infection brought on by COVID-19. The government also supported the idea by increasing investment in the sector. Disrupted import routes have forced pharmaceutical companies in the regions to manufacture pharmaceuticals and treatments in the country.
The Brazil market dominated the LAMEA Knowledge Process Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,678 Million by 2028. The Argentina market is experiencing a CAGR of 16.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 15.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Knowledge Process Outsourcing Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Knowledge Process Outsourcing Market, by Service Type
1.4.2 LAMEA Knowledge Process Outsourcing Market, by Application
1.4.3 LAMEA 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. LAMEA Knowledge Process Outsourcing Market by Service Type
4.1 LAMEA Analytics & Market Research Market by Country
4.2 LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type
4.2.1 LAMEA Customer & Marketing Analytics Market by Country
4.2.2 LAMEA Operations & Supply Chain Analytics Market by Country
4.2.3 LAMEA Competitive Intelligence & Industry Analysis Market by Country
4.3 LAMEA Engineering & Design Market by Country
4.4 LAMEA Legal Process Outsourcing Market by Country
4.5 LAMEA Publishing Outsourcing Market by Country
4.6 LAMEA Research & Development Outsourcing Market by Country
4.7 LAMEA Financial Process Outsourcing Market by Country
4.8 LAMEA Others Market by Country
Chapter 5. LAMEA Knowledge Process Outsourcing Market by Application
5.1 LAMEA BFSI Market by Country
5.2 LAMEA Retail Market by Country
5.3 LAMEA Manufacturing Market by Country
5.4 LAMEA IT & Telecom Market by Country
5.5 LAMEA Healthcare & Pharmaceutical Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Knowledge Process Outsourcing Market by Country
6.1 Brazil Knowledge Process Outsourcing Market
6.1.1 Brazil Knowledge Process Outsourcing Market by Service Type
6.1.1.1 Brazil Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.1.2 Brazil Knowledge Process Outsourcing Market by Application
6.2 Argentina Knowledge Process Outsourcing Market
6.2.1 Argentina Knowledge Process Outsourcing Market by Service Type
6.2.1.1 Argentina Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.2.2 Argentina Knowledge Process Outsourcing Market by Application
6.3 UAE Knowledge Process Outsourcing Market
6.3.1 UAE Knowledge Process Outsourcing Market by Service Type
6.3.1.1 UAE Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.3.2 UAE Knowledge Process Outsourcing Market by Application
6.4 Saudi Arabia Knowledge Process Outsourcing Market
6.4.1 Saudi Arabia Knowledge Process Outsourcing Market by Service Type
6.4.1.1 Saudi Arabia Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.4.2 Saudi Arabia Knowledge Process Outsourcing Market by Application
6.5 South Africa Knowledge Process Outsourcing Market
6.5.1 South Africa Knowledge Process Outsourcing Market by Service Type
6.5.1.1 South Africa Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.5.2 South Africa Knowledge Process Outsourcing Market by Application
6.6 Nigeria Knowledge Process Outsourcing Market
6.6.1 Nigeria Knowledge Process Outsourcing Market by Service Type
6.6.1.1 Nigeria Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.6.2 Nigeria Knowledge Process Outsourcing Market by Application
6.7 Rest of LAMEA Knowledge Process Outsourcing Market
6.7.1 Rest of LAMEA Knowledge Process Outsourcing Market by Service Type
6.7.1.1 Rest of LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type
6.7.2 Rest of LAMEA 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 LAMEA Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Analytics & Market Research Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Analytics & Market Research Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Customer & Marketing Analytics Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Customer & Marketing Analytics Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Operations & Supply Chain Analytics Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Operations & Supply Chain Analytics Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Competitive Intelligence & Industry Analysis Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Competitive Intelligence & Industry Analysis Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Engineering & Design Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Engineering & Design Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Legal Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Legal Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Publishing Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Publishing Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Research & Development Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Research & Development Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Financial Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Financial Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 28 LAMEA Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 29 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Healthcare & Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Healthcare & Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Knowledge Process Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Knowledge Process Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 43 Brazil Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 44 Brazil Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 45 Brazil Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 46 Brazil Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 47 Brazil Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 48 Brazil Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 49 Brazil Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 50 Brazil Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 51 Argentina Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 52 Argentina Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 53 Argentina Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 54 Argentina Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 55 Argentina Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 56 Argentina Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 57 Argentina Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 58 Argentina Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 59 UAE Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 60 UAE Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 61 UAE Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 62 UAE Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 63 UAE Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 64 UAE Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 65 UAE Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 66 UAE Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 75 South Africa Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 76 South Africa Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 77 South Africa Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 78 South Africa Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 79 South Africa Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 80 South Africa Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 81 South Africa Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 82 South Africa Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 83 Nigeria Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 84 Nigeria Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 85 Nigeria Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 86 Nigeria Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 87 Nigeria Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 88 Nigeria Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 89 Nigeria Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 90 Nigeria Knowledge Process Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Knowledge Process Outsourcing Market, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Knowledge Process Outsourcing Market, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Knowledge Process Outsourcing Market by Service Type, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Knowledge Process Outsourcing Market by Service Type, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Knowledge Process Outsourcing Market by Analytics & Market Research Type, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Knowledge Process Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA 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