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The Call Center IndustryThe Call center industry is an emerging industry in the Philippines. Offshore outsourcing is regarded as one of the fastest growing industries in the world, and Business Process Outsourcing became the latest trend in the services sector for the year 2000-2006. It is estimated that 112,000 people were working for call centers in the Philippines last year (2005), bringing in revenues of US$ 1.12 billion for that year alone. This was a sharp increase from 5 years ago (2000) when call centers employed only 2,400 people and earned US$ 24 million. The Philippine FactorIn 2004, the Philippines captured 20 percent of the total world market share in contact center services. The Dept. of Commerce and Industry said the Philippines could capture 50 percent of the world English-speaking market in 2008. This industry, aside from contributing 12 percent our country's gross national product, is also one of the leading employment sources for Filipino college graduates. If all the estimates are correct, one million Filipinos will be working in the call center industry by the year 2010, generating a whopping US$12 billion in revenue. |
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