Albany, NY -- (SBWIRE) -- 08/09/2016 -- The IT Outsourcing market in APAC is gaining ground with increased IT spending and related outsourcing activities by organizations in the region to stay competitive in todays globalization. ITO services help organizations to manage their IT functions through IT expert team and innovative technologies. C-level executives of the companies have realized benefits of implementing outsourcing services for their IT functions and are increasingly supporting such services. Outsourcing provides benefits in cost savings and efficiencies. It allows companies to focus their energies on core competencies and gain access to world-class best practices.

The ITO market in APAC to grow at a CAGR of 5.80% during the period 2016-2020. The report covers the present scenario and the growth prospects of the ITO market in APAC for 2016-2020. To calculate the market size, Technavio considers the revenue generated from infrastructure and application outsourcing services.

The market is divided into the following segments based on services:
- Infrastructure outsourcing
- Application outsourcing

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Technavio's report, Information Technology Outsourcing (ITO) Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Accenture
- Fujitsu
- HP
- IBM
- TCS

Other prominent vendors
- Aegis
- Amdocs
- AT&T
- Atos
- BT
- Capgemini
- CGI
- Cognizant
- CSC
- Dell
- HCL
- iGate
- Infosys
- ITC Infotech

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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