"Spending on BPO services totaled approximately EUR 1308 million in the Nordics and EUR 196 million in Finland in 2003. IDC projects that this market will increase to EUR 3,064 million in 2008 at a compound annual growth rate (CAGR) of 18.6% in the Nordics and EUR 513 million at CAGR of 21.2% in Finland", says Esa Peltonen, Research Manager IDC Finland.