Brazilian printing outsourcing up 42.5% in 2005
Fact recorded on: October 22, 2006. Categories: Outsourcing.
Brazilian printing outsourcing market achieved record YTY growth of 42.5% in 2005. Nearly 8 bln pages were printed by the use of such service as a whole in 2005. 41% of the 500 largest enterprises in Brazil have outsourced printing. Another 20% of the remaining companies intend to do so up to the end of 2006, when large contracts in the finance and industry sectors are expected to stand out, IDC says.
Latest Outsourcing facts
- Outsourcing is 7% of India’s GDP
- Indian outsourcers to earn $220-280 bln by 2012
- European outsourcing worth $40.9 bln in 2007
- Indian outsourcing companies to earn $10.73 bln by 2011
- Outsourcing to grow 8.1% in 2008
- Indian software salaries up 18.7% in 2006
- New Asia-Pacific outsourcing contracts command $25 mln
- HR services up 8% in 2006
- Small business who outsource IT end up spending less than 5% on maintenance and upgrades
- 87% of outsourcing buyers to continue outsourcing
- HR outsourcing to grow to $18.9 bln by 2010
- Asia-Pacific IT outsouring market reached $10.9 bln in the first half of 2006
- Brazilian printing outsourcing up 42.5% in 2005
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- IT offshore spending to reach $29.4 bln by 2010
- Top 100 Western European outsourcing deals generated $40.5 bln in 2005
- Mobile network outsourcing to grow to $55.3 bln by 2010
- Outsourcing spending by Asia-Pacific companies to reach $16 bln in 2010
- Global procurement BPO market generated $627 mln in 2005
- Indian software and backoffice industry generated $23.6 bln in fiscal 2005-2006
- 1 mln US jobs to be outsourced by year-end 2006
- European service providers plan to increase offshore assets by 65%
- 16 outsourcing megadeals awarded in 2003, 12 in 2004, 11 in 2005
- 130K US jobs offshored so far in 2006
- Payments outsourcing generated $3.3 bln by 2005
- Asian business process outsourcing market reached $6 bln in 2005
- Gartner predicted 85% of US companies would outsource at least 1 HR function by 2006
- Outsourcing saves 15% on average
- Outsourcing industry generated $23.4 bln for India
- Business outsourcing market up 33% in 2005
- 29K legal jobs to migrate to India by 2008
- India’s outsourcing industry employs 1.2 mln people, contributes $23.4 bln to GDP
- 38% of multinational companies plan to change the distribution of their research and development centers within the next 3 years
- Desktop management outsourcing reached $28 bln in 2005
- Outsourced processing services in Asia-Pacific to grow at 11.4% a year
- Software and services exports from India reached $17.2 bln in fiscal 2005
- US outsourcing market to grow 4.2% in 2005
- Value of top 100 outsourcing deals down 1.2% in 2004
- $50 bln will be spent on offshore outsourcing by 2007
- Global outsourcing to create 337,625 US jobs by 2010
- Packaging and test outsourcing to reach $15.5 bln in 2005
- Worldwide BPO market to grow at 10.9% a year
- Value of outsourcing contracts down 10-15% in 2005
- Global PC shipments up 17% in Q3 2005
- 19% of US businesses have some offshore outsourcing strategy
- Indian outsourcing brought in $12 bln in 2004
- UK and Germany got most of the European outsourcing contracts in Q2 2005
- US IT offshoring to double to $14.7 bln by 2009
- Asia-Pacific IT outsourcing to grow at 10.1% a year
- IT outsourcing in EMEA to reach $90.9 bln by 2009