Google Answers Logo
View Question
 
Q: Global business outsourcing statistics ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Global business outsourcing statistics
Category: Business and Money
Asked by: boryka23-ga
List Price: $100.00
Posted: 06 Jan 2006 14:15 PST
Expires: 05 Feb 2006 14:15 PST
Question ID: 430097
What is the estimated size of the entire global outsourcing market in
USD in 2005 and what is it forecasted to grow to by 2009? IDC has this
data and I would like this data cited from this report.

Clarification of Question by boryka23-ga on 06 Jan 2006 14:16 PST
The IDC report is called: "Worldwide and U.S. Business Process
Outsourcing (BPO) 2005-2009 Forecast: Market Opportunities by
Horizontal Business Functions". Published Aug 2005.
Answer  
Subject: Re: Global business outsourcing statistics
Answered By: bobbie7-ga on 06 Jan 2006 14:56 PST
Rated:5 out of 5 stars
 
Hello Boryka23,   


According to the report Worldwide and U.S. BPO 2005-2009 Forecast:
Market Opportunities By Horizontal Business Functions (IDC #33815),
worldwide BPO spending will grow from $382.5 billion in 2004 to $641.2
billion in 2009. This is a five-year compound annual growth rate
(CAGR) of 10.9%.

IDC Press Release 
24 Oct 2005
FRAMINGHAM, Mass

Excerpt:

?According to a newly released IDC study, the worldwide BPO market is
vibrant and brimming with opportunity. The comprehensive BPO report,
one of IDC's most popular studies, finds that worldwide BPO spending
will experience a five-year compound annual growth rate (CAGR) of
10.9%, growing from $382.5 billion in 2004 to $641.2 billion in 2009.
This forecast covers eight BPO markets: human resources, procurement,
finance & accounting, customer service, logistics, sales & marketing,
product engineering, and training.?

This report presents the annual update to the five-year forecast for
the worldwide and U.S markets for BPO services.

IDC
http://www.idc.com/getdoc.jsp?containerId=prUS00262505


The Industry Analyst Reporter
http://www.industryanalystreporter.com/T2/Analyst_Research/ResearchAnnouncementsDetails.asp?Newsid=5993


IDC document number 33815 
Published Aug 2005.
http://www.idc.com/getdoc.jsp?containerId=33815


Search inside this report.
http://www.mindbranch.com/catalog/product.jsp?ppg=34&kw=382%2E5%09billion&code=R104-20592&display=searchpdf#15


============================================


According to the previous IDC report, Worldwide and U.S. Business
Process Outsourcing (BPO) 2004-2008 Forecast and Analysis (IDC
#31095), worldwide BPO spending will experience a five-year compound
annual growth rate (CAGR) of 11%, growing from $405 billion in 2003 to
$682.5 billion in 2008.


?Worldwide spending on Business Process Outsourcing (BPO) services
totaled approximately $405 billion in 2003, a growth of about 8% over
2002. According to a new report from IDC, this market (comprising 9
business functions of human resources, procurement, finance &
accounting, customer care, logistics, engineering/R&D, sales &
marketing, facilities operations & management, and training) will
increase to $682.5 billion in 2008, with a compound annual growth rate
(CAGR) of 11%.?

May 05, 2004 
http://www.emsnow.com/newsarchives/archivedetails.cfm?ID=4957



Search criteria:
IDC billion 2009 growth BPO



I hope the information provided is helpful!

Best regards,
Bobbie7
boryka23-ga rated this answer:5 out of 5 stars
This is great. I kind of feel silly that I couldn't find the press
release myself, but thank you.

Comments  
There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy