The Asian market seems to be leading in the demand for IT outsourcing services. These services are generally brought by North American and European firms but the trend seems to be changing and now these services are being used by companies within the Asia pacific region such as Japan, India and Australia. The figure of technology contracts for 2006 stand at $2.6 billion with the consumer list which includes Australia had a share of 32%, Japan had a share of 27% and India garnered a share of 25%.
India seems to be benefiting the most from this demand and has even beaten China in the process and most of the demand in the future is expected to come from India and Australia. The demand seems to be quite good but it needs to be seen whether IT outsourcing providers in the Asia region would be able to match the demand in the future or not.
Via ihotdesk
