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Knowledge Process Outsourcing (KPO) KPO involves outsourcing high-level, knowledge-based work that requires specialized expertise. According to a report by Grand View Research, the global KPO market is expected to reach $124.29 A report by Research and Markets predicts that the global professional services market will reach $8.5
Cost Efficiency Lower Labor Costs: One of the most compelling reasons for outsourcing is the ability to tap into markets where professional labor costs are significantly lower than in home countries. By reducing these fixed costs, businesses can allocate resources more effectively towards growth and innovation initiatives.
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