Businessweek: Europe Now Biggest Outsourcing Market - by Tim Ferguson
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Europe Now Biggest Outsourcing Market - by Tim Ferguson
Europe is now the biggest market for outsourcing, while demand in the US has softened as a result of a shift in focus to smaller deals.
Europe is now the largest market according to TPI, with 56 per cent of the global market share - totaling more than 20bn. The region's share a year ago was just 37 per cent (17bn). Another point to emerge from the index is that 59 per cent of outsourcing contracts involve some kind of offshore activity.
