China IT Outsourcing Will Catch Up With India In 2015

According to sources, by 2012, the global IT industry outsourcing market is expected to reach 1 trillion U.S. dollars, while the present IT and IT type of service the proportion of China’s exports accounted for only 3%, well below 26% in India, China addition package market is in its infancy, the size of the global Offshore outsourcing market can be described as drop in the ocean, the momentum for future development should not be underestimated.

According to Hong Kong, “Wen Wei Po” report, the Chinese IT outsourcing growth is strong, the first 3 months of this year, Nanjing amount of offshore IT outsourcing services grew 80% to 3.5 billion. KPMG global head of information technology consulting partner Charles Wei-liang, the Mainland IT and financial services outsourcing (BPO) market to reach 20.6 billion dollars in 2010 compared to 10.5 billion U.S. dollars in 2006, turned nearly doubled.

IT industry in the global outsourcing market, India ranked first, followed by China and Malaysia. As for when China may catch up with India, quoted by Charles Wei Liang senior source said the Central Government Finance, 2015 IT industry outsourcing market in China may be tied in India, when the market will reach 700-900 billion U.S. dollars, after China and India will turn to catch up with each other to maintain.

IT industry under the impact of financial crisis hardly immune to the contraction of the first quarter of the global IT industry, 9%, 12% developed countries have fallen even more. KPMG global information, communications and entertainment industries, managing partner Gary Matuszak noted that the global IT industry is bottoming out, the Chinese beat the global economic performance, the more will be the first global IT industry rebound is expected this year, recorded a single digit positive growth not affect the development of IT outsourcing industry.

China’s IT outsourcing industry, the major markets in Asia, enabling the response to the crisis, Charles Wei-liang, China’s service Outsourcing companies in Japan, Korea and other regional market share, higher than in India, India’s overseas market concentration in Europe and America, it is crisis, India service outsourcing business is deteriorating, and the Chinese resistance to more robust, so the Indian mainland based companies are active in seeking to reached the Asian market.