Technology

BPO market to reach $1 trillion by 2006 says study

The business process outsourcing market could reach $1 trillion by 2006 according to a joint study by International Data Corp and the BPO Steering Committee of The Associated Chambers of Commerce and Industry of India.

Staff Writer March 24, 2004

The study, which surveyed Fortune 500 companies in the US, said the BPO market will grow at a compounded annual growth rate of 9%. The biggest spenders are companies in the Americas with 60% of the global total, and this trend is not expected to change until after 2006, though the region’s year-on-year growth in BPO spending is expected to be the slowest. The fastest is expected to be the Asia-Pacific area, with EMEA experiencing continued steady growth led by the UK.

This article is based on material originally published by ComputerWire

More Relevant

Technology

GENRAD PLANS BETA TEST OF GR300 EARLY 1988

Technology

AMDAHL ADDS HURON VERSIONS FOR UTS, UNIX ON 80486

Technology

Wanted: Twins and Impostors for Voice Recognition

Technology

Outsourcing opponents attack ‘unpatriotic expatriates’

Sign up to the newsletter: In Brief

Your corporate email address *

First name *

Last name *

Company name *

Job title *

Vist our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the Progressive Media network.

Sign up for our regular news round-up!

Sign up for our weekly news round-up!

Sign up to the newsletter: In Brief

I would also like to subscribe to:

Thank you for subscribing