Market Research Report
Worldwide Offshore IT Services Forecast, 2016-2020
|Published by||IDC||Product code||240019|
|Published||Content info||32 Pages
This IDC study presents forecasts of spending (customer expenditures) for the worldwide offshore IT services market for 2015-2020. This study includes advice to providers of IT services, an analysis of key market and industry trends by importing markets, key market drivers and inhibitors, significant market developments, and highlights of key changes from the prior forecast. This study also updates the previous forecast published in Worldwide Offshore IT Services 2015-2019 Forecast (IDC #255500, April 2015).This IDC study answers the following questions:How is the model of offshore evolving?What is the opportunity for offshore providers by importing geographic region?Which assumptions are of sufficient importance that a change in the assumption would result in a change in the market forecasts?What impact will developments in this market have on the players in the market?What are the not-to-be-missed opportunities?
"As the worldwide offshore IT services market starts to show signs of maturity as its growth rate slows gradually and approaches that of the broader market, offshore providers continue to invest in critical areas, particularly around supporting the transformation of firms to digital enterprises, incorporating increasing levels of automation, and forming new strategic partnerships to provide innovative solutions," said David Tapper, vice president for Outsourcing, Managed, and Offshore Services at IDC. "However, the increasing pace of buyers in procuring services from newer types of providers (e.g., online, SaaS, crowdsourcers) is placing a much higher burden on offshore providers to make critical decisions as to what type of business model they want to pursue and which markets they believe will provide the best opportunities."