The imposition of lockdowns owing to the outbreak of the COVID-19 pandemic has globally impacted several IT start-up companies in the market. However, the market has witnessed a surge in the demand for LPO services that provide low-cost business strategic reform laws and effective services despite the ongoing pandemic. This is expected to contribute to the growth of the market during the forecast period.
The market is expected to be driven by factors such as regulatory compliances, cost reduction and enhanced efficiency of legal processes, and the proliferation of risk management practices.
The report also offers information on the upcoming trends and challenges that will influence market growth.
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