TechNavio today launched its report IT Outsourcing Market in China 2011-2015 based on an in-depth study exclusively focusing on China. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s IT Services team said; ”In recent times, the IT Outsourcing (ITO) market in China has been witnessing increasing investment from multinational corporations (MNCs). This development is occurring because of the improved cost effectiveness, quality, intellectual property security, and abundant skilled resources with industry expertise. Further, a high degree of comfort and familiarity with the use of outsourcing as an effective business practice has attracted investment from MNCs. All these factors have helped to overcome the earlier disadvantages such as the premature outsourcing market and lack of confidentiality of the ITO market in China.”
According to the report, one of the major drivers in the market is the rapid development of IT infrastructure and mobility services in the country. Recently, infrastructure in China has improved to be on a par with that in developed countries. The Chinese Government has pushed for substantial IT service developments and improvements in terms of infrastructure support, and also it has dedicated a huge amount of resources to improve IT infrastructure in the country, making China an attractive destination for investment by global IT firms.
Further, the report also discusses that one of the major challenges in the market is the increasing competition from other offshore destinations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/it-outsourcing-market-china-2011-2015
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TechNavio Announces the Publication of its Report – IT Outsourcing Market in China 2011-2015
