Offshoring in 2020 500 Billion $ - McKinsey report

http://www.mckinseyquarterly.com/Business_Technology/Outsourcing_Offshoring/Strengthening_Indias_offshoring_industry_2372?gp=1

by tarouter • 17 years ago

6 3 17 years ago

mckinseyquarterly.com

tarouter• 17 years ago

For the benefit of those who don't want to register, here is the brief - India leads the world in providing offshore services in business and technology, with revenues of $58 billion in 2008, out of a global total of $80 billion. McKinsey estimates this is just the beginning: the global market for offshore business and technology services could grow to about $500 billion by 2020. Yet even with this growth, the industry will still serve less than 1/3 of the potential market for these services, which McKinsey estimates at $1.65 trillion to $1.80 trillion in 2020.

Retric• 17 years ago

This is total bull.

500 / 80 = 6.25x growth in (2020 - 2008) = 12 years.

6.25 ^ (1/12) = 1.165x growth per year or 16.5%, but outsourcing is only growing at ~8%. And it looks like the trend is slowing down.

oakmac• 17 years ago

Things of this nature cannot be predicted so far in advance.

This report is as useful as yesterday's racing form.

Offshoring in 2020 500 Billion $ - McKinsey report

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