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The KPO segment is projected to grow the fastest at a CAGR of 12.1% owing to the rising global demand for skilled professionals, and the need to reduce costs and increase efficiency.
High initial investment costs necessary for procuring the expensive equipment, software, and consumables essential for NGS services are challenging growth opportunities.
The higher price charged for home delivery of food is anticipated to restrict growth opportunities for the Delivery and Takeaway Food industry.
However, the Covid-19 pandemic and the subsequent travel restrictions imposed by various nations, and stringent health and safety standards are major factors that restrict the growth of the In-Flight Catering Service Industry.