|By Business Wire||
|May 26, 2014 04:49 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/zc7w55/global_knowledge) has announced the addition of the "Global Knowledge Process Outsourcing Market 2014-2018 with Evalueserve, Genpact, MphasiS, RR Donnelley & Sons, Wipro Dominating" report to their offering.
The Global Knowledge Process Outsourcing (KPO) market to grow at a CAGR of 23% to 2018
The growth of the Global KPO Market is driven by many factors including the massive availability of data. Enterprises need data analytics to track the performance and behavior of the information stored in their IT systems. In addition, they require data analytics to develop innovative business strategies and improve their overall operational efficiency.
The effect of the challenges confronting the market is expected to be negated to a certain extent by the presence of various trends that are emerging in the market. One such trend is the transformation of the KPO industry into a consultative model. With the help of analytics services, enterprises are able to predict trends and thereby help organizations gain a competitive advantage over their competitors. Therefore, the future of the Global KPO market looks promising with an expected increase in the types of services that are outsourced.
Further, the report states that the legal and compliance clauses set by different governments are one of the major challenges confronting this market. The services that are outsourced must comply with the regulations set by various governments. Further, licensing implications are limiting the scope of the services outsourced in the market.
Key vendors dominating this space include:
- Genpact Ltd.
- RR Donnelley & Sons Co
- Wipro Ltd.
Other vendors mentioned in the report are:
- IP Pro Inc
- marketRx Inc.( Acquired by Cognizant)
- RocSearch Ltd
- Accenture plc
- EXLService Holdings, Inc
- Infosys Ltd.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Outsourcing Destinations
- Market Size and Forecast
- Market Segmentation by Applications
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/zc7w55/global_knowledge
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