B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
50%
50% -- global it outsourcing market share for India (2024)
India accounts for more than 50% of the global outsourcing market.
- Source states 'more than 50% of the global outsourcing market' without citing an underlying methodology or original research date.
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Lighthouse Research Team
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Evidence graded
Value
50%
Unit
Percentage
Data Vintage
2024
Entity
Geography
APAC
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
thepsi.com
Primary
Tier C
https://www.thepsi.com/why-is-outsourcing-software-development-to-india-better-than-outsourcing-to-n… ↗
Source Article
The 6 Invisible Steps Behind Every Bill You Pay
When it comes to IT exports, few countries can match up to India’s might. Today, India houses R&D centres & headquarters some of the biggest technology companies, and its stature in the fiercely competitive IT landscape keeps getting bigger and better.
In tracing back India’s journey of becoming a g…
Original Research
thepsi.com
· Original study ↗
Methodology
Article states India accounts for more than 50% of the global outsourcing market; no original source cited.
Methodology documented
Segmentation
IndustryIT Services
RegionAPAC
Cite this stat
Plain Text
India: 50% global it outsourcing market share. Source: thepsi.com (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/india-global-outsourcing-market-share-50
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<blockquote cite="https://lighthousedata.io/data/india-global-outsourcing-market-share-50" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>50%</strong> -- global it outsourcing market share for India<br><small>Source: thepsi.com (2024) · <a href="https://lighthousedata.io/data/india-global-outsourcing-market-share-50" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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