Product Type: Market Research Report
Published by: India Infoline Ltd.
Published: August 2003
Product Code: R642-0003Description - Global outsourcing spending is projected to top $1.2 trillion by the end of 2003.
- Globally, outsourcing spending is increasing by 11 percent per year.
- Two thirds of the outsourcing spend is in large Fortune 500 companies.
- Two-thirds of outsourcing spending is in the US.
- Shrinking margins will force more companies to break with tradition and consider BPO to reduce operating cost.
- A lot of demand is expected to be generated by HR processes especially payroll Management
- In India , ITES-BPO segment registered a growth of 59% to reach Rs. 113bn (US $2.3 billion)
- According to current industry estimates, India commands more than 90% of all offshore outsourcing in IT services
- ITeS contributed 25% to the total IT Software and Service exports from India during FY03
- Captive ITES-BPO players have almost doubled their share in Indian software exports, growing by a phenomenal 90% in last financial year
- ITES-BPO segment is projected to register a growth of 54% to clock revenues of US$ 3.6 billion during FY2003-04
- The ITeS industry is expected to grow to Rs. 810bn in 2008.
Table of Contents Contents BPO Defined Processes Outsourced Offshore Outsourcing Captive Outsourcing Current Scenario Market Segmentation Synergies between ITeS and IT companies Indian BPO Companies Pricing Models in ITeS Getting the right people Challenges for BPO Sector in India Threats to Indian BPO Market The Road Ahead ITeS companies in India Industry View
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