US outsourcing market to grow 4.2% in 2005

Top three IT outsourcing firms in the world (IBM, EDS, and CSC) kept their top spots. Based on 2004 revenue, IBM occupied the top spot with 15.

Top three IT outsourcing firms in the world (IBM, EDS, and CSC) kept their top spots. Based on 2004 revenue, IBM occupied the top spot with 15.5% of the global market in 2004, while EDS ranked number two with 11.7%, according to IDC. CDC's share was 5.5%. The global market for outsourcing services in 2004 hit $84.6 bln. IDC expects the market to grow nearly 6% annually through the end of the decade, reaching $112.5 bln in 2009. The $33.8 bln US market will grow at 4.2%.

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