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This IDC study analyzes the application outsourcing market and the forecast outlook for the market. Key areas included in this study are application outsourcing trends and both application management and hosted application management forecast and definitions for 2005?2010 with Asia/Pacific (excluding Japan) or APEJ geographic and vertical breakouts.
According to Eugene Wee, senior analyst for IDC's Asia/Pacific IT Services Research, "The APEJ market for application outsourcing is expected to grow at the fastest rate among all IT services. At a 2005?2010 compound annual growth rate (CAGR) of 19.7%, this compares especially favorably against software deployment and support (CAGR of 11.2%) and enterprisewide outsourcing, which is rising at a CAGR of 7.0%. This phenomenon is especially visible in countries like India and the PRC that are readily lapping up application outsourcing."
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