Global IT Services Market: Key Geographies 2016 | Market Insights™
Global IT services market: Key geographies in North America, Europe, Asia Pacific, and Latin America
Global IT services market: Key geographies in North America, Europe, Asia Pacific, and Latin America
Asia remains the most cost effective destination for application outsourcing services; however, currency depreciation has effectively lowered the cost of delivery from Central Eastern Europe and Latin America
…Everest Group named Buenos Aires as best city in Latin America for services in terms of both cost and availability of talent, and the country also featured in the top five in the world for BPO and the top 10 in technology… Read more.
While North America will continue to be a key buyer geography, EMEA and Asia Pacific are likely to drive the next wave of growth in the analytics BPS market
Tuesday, March 29, 2016 | 9 a.m. CST, 10 a.m. EST, 3 p.m BST, 7:30 p.m. IST
The global services market in Latin America continues to grow at a healthy pace both as a source of demand and as a destination for delivery of a wide variety of services.
However, global services practitioners should remember that this is a diverse region in terms of capabilities, opportunities, and potential risks. As Global In-house Centers (GICs), or Shared Services, and service providers look to expand their presence in the region, there are multiple factors, such as talent profiles, demand characteristics, inflationary pressures, currency fluctuations, and ongoing geo-political issues they must keep in mind.
For GICs, it is imperative to understand the dynamics at play from delivery perspective to ensure they are leveraging the right locations. For service providers, it is additionally important to recognize domestic demand trends to ensure they target the right segments.
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Although Asia Pac maintains the majority share of new center setups, its share has declined as other regions, particularly Nearshore Europe, have grown
Although Asia Pac maintains the majority share of new center setups, its share has declined as other regions, particularly Nearshore Europe, have grown
India and the Philippines lead global services market share
Asia Pacific dominates global services market share; nearshore Europe and Latin America / Caribbean are growing
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Regulatory changes around the globe are driving high growth in capital markets BPO
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