TechNavio today launched its report Global Offshoring IT Services Market 2011“2015 based on an in-depth study covering the Americas and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; Several small offshoring IT service organizations have emerged to tap the huge potential market for customized mobile applications development. The complex business scenario in the globalized world has made it necessary to get the latest business updates, stay in contact with business executives even while traveling, and the monitoring of business from remote locations. This has given momentum to the growth of the Customized Mobile Application Development market, with several BPO firms aiming to occupy the market share in this newly emerging area of offshore IT services.
According to the report, the offshoring of IT services to a developing country is a preferred option for global firms. Organizations in the US and the UK are the greatest contributors to the revenue of the Global Offshoring IT Services market, and the penetration of IT service offshoring in the Global IT Services market is expected to increase as a measure to rationalize IT spending.
Further, the report also discusses that the political pressure in developed countries to reduce offshoring can negatively impact the Global Offshoring IT Services market.
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/global-offshoring-it-services-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Offshoring IT Services Market 2011“2015
