2010-01-06

China Service Outsourcing Market to Exceed $25 B in 2009, a 24.5% YoY Growth

According to China's Ministry of Information and Industry (MII), China's IT & information outsourcing service industry expects to hit 200B RMB ($28B) mark in 2009. Globally, outsourcing market is about $405B with a 3-4 % yoy growth.

In the past three quarters of 2009, software and information outsourcing revenue reaches 146.4 B RBM, representing a 24.5% yoy growth.

Domestic markets grew to 125.5B RMB in the past three quarters, a 25.7% yoy growth; international offshore market reaches 13.2B RMB, an equally impressive 18% yoy growth.

In 2009, the number of outsourcing firms in China has exceeded 4000, employing 470,000.

Source:http://bx.businessweek.com/china/view?url=http%3A%2F%2Fblog.serviceoutsourcing2china.com%2F%3Fp%3D122

 

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