State of the Market

Global In-house Center (GIC) Landscape Annual Report 2016 – A Million FTE Strong and Growing!

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Background and Context

The global sourcing market continued to evolve and grow rapidly in 2015 to cross US$160 billion mark. While buyers leveraged different sourcing models as per their objectives and requirements, the GIC model continued to be an integral component of this evolution.

The success of the GIC model in India and Philippines led buyers to explore its application in other locations. While both these countries continue to lead GIC activity, companies also established GICs in other parts of Asia, Central & Eastern Europe (CEE), Latin America, and Middle East & Africa (MEA). The CEE region is becoming a preferred delivery location for GICs.

Besides the geographic diversification, the GIC market also expanded across verticals and functions.

 Distribution of GICs