Chinese IT Outsourcing Market to Hit 25% CAGR For Next 3-4 Years

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Nov 28, 2014, 08:30 ET

DALLAS, November 29, 2014 /PRNewswire/ --

ReportsnReports.com adds IT Outsourcing Market in China 2014-2018 research report that says China's strategic approach in entering new markets like cloud computing, big data, analytics and mobility is accelerating the growth of both the IT industry and IT outsourcing industry in the country. The market is expected to grow at 25% CAGR during 2013-2018 according to this report available at http://www.reportsnreports.com/reports/318749-it-outsourcing-market-in-china-2014-2018.html.

The IT Outsourcing market in China is segmented into two divisions: Application Outsourcing and Infrastructure Outsourcing. This report provides information about the market share of the IT Outsourcing market in China. The report also covers information about the market segmentation by end users and service type. This research emphasizes new technologies like social media, mobility, cloud computing and analytics that have become emerging trends in the IT Outsourcing Market in China. These technologies are redesigning the entire system in an efficient manner and congregating consumer practices in the corporate world. China offers tremendous business opportunities for social media, mobility, analytics and cloud computing (SMAC) technology, which is expected to be a significant cost-effective key factor for the growth of this market. With the presence of new technology, the IT Outsourcing Market is expected to grow rapidly and improve business process requirements during the forecast period.

The report also highlights an increasing number of internet users, which is expected to boost the market growth. Internet penetration, which stood at 45 percent in 2013, is expected to grow at a CAGR of 8.43% in the coming years. The research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the IT Outsourcing market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

IT Companies discussed in this research include Accenture, Digital China Holding, Fujitsu, HP, IBM, Beyondsoft, ChinaSoft international, China Data Group (Suzhou), Dalian Hi-Think Computer Technology, HiSoft Technology International, Insigma, ISoftstone, Inspur Group, Longtop, Neusoft, Pactera, VanceInfo Technologies, WuXi AppTec and Yonyou. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=318749 .

Questions on the Chinese IT outsourcing industry like what will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? get answered through this report.

A similar report on IT Outsourcing Market in Belarus 2014-2018 says the Belarus IT outsourcing sector is growing at 17.78% CAGR to 2018. The report contains of all the important information regarding the economic system and the aspects related to doing business in the country. It includes the various economic forces that affect the IT Outsourcing industry such as currency and tax laws. The report also compares Belarus with other popular IT outsourcing destinations. Companies like EPAM Systems, IBA Group, Intetics Co., Itransition, Byelex Multimedia Products BV, Compit Developer Systems Ltd., Gersis Software LLC, INIS-SOFT, Research and Production LLC, JV ERPBEL, Marco LLC, Navagate Inc., Profiserv Ltd. and SoftClub Ltd. are discussed in this research available at http://www.reportsnreports.com/reports/290217-it-outsourcing-market-in-belarus-2014-2018.html .

The Global Outsourcing market in the BFS sector is categorized by domain into the following segments: Retail, Mortgage, Brokerage, Commercial Corporate, Capital Markets and Wealth Management, and Shared Services. The Global Outsourcing market in the BFS sector will grow at a CAGR of 7.07 percent over the period 2013-2018 as per another report available at http://www.reportsnreports.com/reports/293697-global-outsourcing-market-in-bfs-sector-2014-2018.html . The BFS sector commonly outsources its IT services requirements such as applications development, programming and coding, specific operations related to F&A, back-office activities and processing, and administration and contract functions. Outsourcing enables companies to transfer their risks and meet changing regulatory frameworks. Companies like Accenture plc, Genpact Ltd., IBM Corp., TCS Ltd., Aegis Ltd., Cap Gemini SA, Cognizant Technology Solutions Corp., Computer Sciences Corp., EXL Business Process Solutions, Infosys Ltd., Wipro Ltd., WNS Holdings Ltd. and Xerox Corp. are discussed in this research.

Explore more reports on the IT & Telecommunication industry as well as newly published research on other markets of China at http://www.reportsnreports.com/country/china/ .

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