Asian business process outsourcing market reached $6 bln in 2005

IDC predicts moderate growth for the region from 2006 to 2010 since much of APEJ will remain at the developmental stages of BPO adoption during this period. Over the past 12 months, companies such as Accenture, EDS, HP and IBM have opened massive BPO centers in PRC, India and the Philippines, largely for servicing the United States and Europe, and not APEJ. BPO in 2005 totaled $6 bln and this figure is forecast to rise to about $14 bln by 2010 at a compound annual growth rate (CAGR) of approximately 18%.

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