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Analysys International Says the Software Outsourcing Market Revenue of East China Will Surpass Northeast China by 200922 October 2005
Analysys International, China's leading Internet based provider of business information about technology, media and the telecom industry, recently released its latest research on the software outsourcing market (offshore), which says the domestic software outsourcing market in China will develop rapidly with a complex growth rate of 35.6% from 8.71 billion in 2005 to reach 29.43 billion in 2009.
According to Analysys International, the cost saving pressure has forced the USA, Japan and the EU to accelerate the pace of outsourcing their software production and IT service to developing countries, and thus provide countries like India and China opportunities to promote the industry level and form international outsourcing centers as well as drive the global market up to
reach 94.29 billion US$ by 2009.
(Graph 1: http://www.analysys.com.cn/obu/marketsize_20051020.gif )
The comprehensive report also gives analysis and predictions on the market challenges and opportunities, location distribution and technical structure, developing trend, and competency evaluation of main providers (including foreign rivals), etc. Predictions and analysis on the China market development are especially provided with details.
(Graph 2: http://www.analysys.com.cn/obu/marketsize2_20051020.gif )
''North China, Northeast China and East China will become the main drives of the China software outsourcing market in 2005 to 2009,'' says Mr. Yang Qingfeng, research director of Analysys International, ''The South of China currently has a smaller market size but is rich in resources, its rapid growth will soon be noticeable. While the obvious location advantage of Eastern China, along with its tight relationship with Japan, the USA and EU will help to accelerate the growth. It's predictable that the outsourcing revenue of
the Eastern China area, centered around Shanghai and the Yangtse River Delta will surpass Northeast China by 2009.''
Additional information is available in Analysys International's report: Comprehensive Analysis on China Software Outsourcing (Offshore) Market 2005. The report is available in Analysys International's website: http://english.analysys.com.cn .
About Analysys International
Analysys International is the leading Internet based provider of business information about technology, media and the telecom industry in China. They provide data, information and advice to 10,000 clients worldwide, representing 1,500 distinct organizations, delivering over 150 consulting engagements a year, and hold more than 20 events that draw in over 8,000 attendees. Our clients include executives from companies, technology vendors, vertical information technology users, as well as professionals from professional service companies, the investment community and government agencies. Our mission is simple and clear: 'we help our clients make better business
decisions.'
For more information, please contact:
Cindy Zhang, Overseas Media Manager
Tel: +86-10-6466-6565 X219
Email: cindy_zhang@analysys.com.cn
Web: http://english.analysys.com.cn
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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