The Emerging IT Outsourcing Market in China Will Leapfrog Other Markets by 2018: TechNavio

TechNavio, has announced the publication of its market research report on the IT Outsourcing Market in China, which is expected to grow at a CAGR of 25.01 percent from 2013-2018.

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 the IT outsourcing industry in the country.

About the Report

The latest report from TechNavio 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 technology, which is expected to be a significant cost-effective key factor for the growth of this market,” says Faisal Ghaus, Vice President of TechNavio.

“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 market growth. Internet penetration, which stood at 45 percent in 2013, is expected to grow at a CAGR of 8.43 percent in the coming years.

Key Information Covered in the Report:

• Market segmentation, size and forecast through 2018
• Market Growth Drivers:
  • Emergence of Cloud Computing
  • For a full detailed list, view our report.
• Market Challenges:
  • Limited Talent Pool
  • For a full detailed list, view our report.
• Market Trends:
  • New Technologies
  • For a full detailed list, view our report.
• Key Vendors:
  • Accenture plc
  • Digital China Holdings Ltd.
  • Fujitsu Ltd.
  • IBM Corp.
• Other Prominent Vendors:
  • Beyond Soft
  • China Data Group (Suzhou)
  • HiSoft Technology International

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the IT Market:

• Banking IT Market In China 2014-2018

If you are interested in more information, please contact our media team at media@technavio.com.