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IT Services-Global Market Insights and Sales Trends 2024

IT Services-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1817297

No of Pages : 121

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Synopsis

IT services refers to the application of business and technical expertise to enable organizations in the creation, management and optimization of or access to information and business processes.

The IT services market can be segmented by the type of skills that are employed to deliver the service (design, build, run). There are also different categories of service: business process services, application services and infrastructure services.

If these services are outsourced, they are referred to as business process outsourcing (BPO), applications outsourcing (AO) and infrastructure outsourcing.

The global IT Services market size is expected to reach US$ 1381540 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of IT Services in various end use industries. The expanding demands from the Enterprise, Financial, Government and Healthcare & Medical, are propelling IT Services market. Hardware Support Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software and BPO Services segment is estimated at % CAGR for the next seven-year period.

The broader market for IT services is made up of several segments including outsourcing, managed services, security services, data management, and cloud computing. In this report, the market is segmented into Cloud Services (IT Outsourcing, Implementation, Consulting Services), Software & BPO Services and Hardware Support Services Types.

In 2019, North America dominated the IT services market with a market share of about 37%, followed by APAC and Europe. The strongest growing segment is cloud service segment, with the overall global cloud services market size topping nearly 700 billion U.S. dollars in 2019. Others include hardware Support Services and software and BPO services.

IBM is one of the world’s leading information technology professional and managed service providers worldwide. Some of the other leading IT service providers include Accenture, DXC, Fujitsu, AWS, TCS, etc.
It can be applied to enterprise, financial, government, healthcare & medical, and others.

Report Objectives

This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global IT Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global IT Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Services sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of IT Services covered in this report include IBM, Accenture, AWS, Fujitsu, NTT Data, DXC Technology, TCS, Cognizant and Capgemini, etc.

The global IT Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • IBM
  • Accenture
  • AWS
  • Fujitsu
  • NTT Data
  • DXC Technology
  • TCS
  • Cognizant
  • Capgemini
  • Atos
  • NEC
  • Infosys
  • Hitachi
  • HCL Tech
  • CGI
  • Wipro
  • SAIC
  • CTSI
  • BT Group
  • Chinasoft
  • Taiji
  • China Unicom
  • Teamsun Tech
  • DCITS
  • Capita
  • Xerox
  • DHC Software
  • Neusoft

Global IT Services market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global IT Services market, Segment by Type:

  • Hardware Support Services
  • Software and BPO Services
  • Cloud Services

Global IT Services market, by Application

  • Enterprise
  • Financial
  • Government
  • Healthcare & Medical
  • Others

Core Chapters

Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion

Index

1 Market Overview of IT Services
1.1 IT Services Market Overview
1.1.1 IT Services Product Scope
1.1.2 IT Services Market Status and Outlook
1.2 Global IT Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global IT Services Market Size by Region (2018-2029)
1.4 Global IT Services Historic Market Size by Region (2018-2023)
1.5 Global IT Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, IT Services Market Size (2018-2029)
1.6.1 North America IT Services Market Size (2018-2029)
1.6.2 Europe IT Services Market Size (2018-2029)
1.6.3 Asia-Pacific IT Services Market Size (2018-2029)
1.6.4 Latin America IT Services Market Size (2018-2029)
1.6.5 Middle East & Africa IT Services Market Size (2018-2029)
2 IT Services Market by Type
2.1 Introduction
2.1.1 Hardware Support Services
2.1.2 Software and BPO Services
2.1.3 Cloud Services
2.2 Global IT Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global IT Services Historic Market Size by Type (2018-2023)
2.2.2 Global IT Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America IT Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe IT Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific IT Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America IT Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa IT Services Revenue Breakdown by Type (2018-2029)
3 IT Services Market Overview by Application
3.1 Introduction
3.1.1 Enterprise
3.1.2 Financial
3.1.3 Government
3.1.4 Healthcare & Medical
3.1.5 Others
3.2 Global IT Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global IT Services Historic Market Size by Application (2018-2023)
3.2.2 Global IT Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America IT Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe IT Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific IT Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America IT Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa IT Services Revenue Breakdown by Application (2018-2029)
4 IT Services Competition Analysis by Players
4.1 Global IT Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IT Services as of 2022)
4.3 Date of Key Players Enter into IT Services Market
4.4 Global Top Players IT Services Headquarters and Area Served
4.5 Key Players IT Services Product Solution and Service
4.6 Competitive Status
4.6.1 IT Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 IBM
5.1.1 IBM Profile
5.1.2 IBM Main Business
5.1.3 IBM IT Services Products, Services and Solutions
5.1.4 IBM IT Services Revenue (US$ Million) & (2018-2023)
5.1.5 IBM Recent Developments
5.2 Accenture
5.2.1 Accenture Profile
5.2.2 Accenture Main Business
5.2.3 Accenture IT Services Products, Services and Solutions
5.2.4 Accenture IT Services Revenue (US$ Million) & (2018-2023)
5.2.5 Accenture Recent Developments
5.3 AWS
5.3.1 AWS Profile
5.3.2 AWS Main Business
5.3.3 AWS IT Services Products, Services and Solutions
5.3.4 AWS IT Services Revenue (US$ Million) & (2018-2023)
5.3.5 Fujitsu Recent Developments
5.4 Fujitsu
5.4.1 Fujitsu Profile
5.4.2 Fujitsu Main Business
5.4.3 Fujitsu IT Services Products, Services and Solutions
5.4.4 Fujitsu IT Services Revenue (US$ Million) & (2018-2023)
5.4.5 Fujitsu Recent Developments
5.5 NTT Data
5.5.1 NTT Data Profile
5.5.2 NTT Data Main Business
5.5.3 NTT Data IT Services Products, Services and Solutions
5.5.4 NTT Data IT Services Revenue (US$ Million) & (2018-2023)
5.5.5 NTT Data Recent Developments
5.6 DXC Technology
5.6.1 DXC Technology Profile
5.6.2 DXC Technology Main Business
5.6.3 DXC Technology IT Services Products, Services and Solutions
5.6.4 DXC Technology IT Services Revenue (US$ Million) & (2018-2023)
5.6.5 DXC Technology Recent Developments
5.7 TCS
5.7.1 TCS Profile
5.7.2 TCS Main Business
5.7.3 TCS IT Services Products, Services and Solutions
5.7.4 TCS IT Services Revenue (US$ Million) & (2018-2023)
5.7.5 TCS Recent Developments
5.8 Cognizant
5.8.1 Cognizant Profile
5.8.2 Cognizant Main Business
5.8.3 Cognizant IT Services Products, Services and Solutions
5.8.4 Cognizant IT Services Revenue (US$ Million) & (2018-2023)
5.8.5 Cognizant Recent Developments
5.9 Capgemini
5.9.1 Capgemini Profile
5.9.2 Capgemini Main Business
5.9.3 Capgemini IT Services Products, Services and Solutions
5.9.4 Capgemini IT Services Revenue (US$ Million) & (2018-2023)
5.9.5 Capgemini Recent Developments
5.10 Atos
5.10.1 Atos Profile
5.10.2 Atos Main Business
5.10.3 Atos IT Services Products, Services and Solutions
5.10.4 Atos IT Services Revenue (US$ Million) & (2018-2023)
5.10.5 Atos Recent Developments
5.11 NEC
5.11.1 NEC Profile
5.11.2 NEC Main Business
5.11.3 NEC IT Services Products, Services and Solutions
5.11.4 NEC IT Services Revenue (US$ Million) & (2018-2023)
5.11.5 NEC Recent Developments
5.12 Infosys
5.12.1 Infosys Profile
5.12.2 Infosys Main Business
5.12.3 Infosys IT Services Products, Services and Solutions
5.12.4 Infosys IT Services Revenue (US$ Million) & (2018-2023)
5.12.5 Infosys Recent Developments
5.13 Hitachi
5.13.1 Hitachi Profile
5.13.2 Hitachi Main Business
5.13.3 Hitachi IT Services Products, Services and Solutions
5.13.4 Hitachi IT Services Revenue (US$ Million) & (2018-2023)
5.13.5 Hitachi Recent Developments
5.14 HCL Tech
5.14.1 HCL Tech Profile
5.14.2 HCL Tech Main Business
5.14.3 HCL Tech IT Services Products, Services and Solutions
5.14.4 HCL Tech IT Services Revenue (US$ Million) & (2018-2023)
5.14.5 HCL Tech Recent Developments
5.15 CGI
5.15.1 CGI Profile
5.15.2 CGI Main Business
5.15.3 CGI IT Services Products, Services and Solutions
5.15.4 CGI IT Services Revenue (US$ Million) & (2018-2023)
5.15.5 CGI Recent Developments
5.16 Wipro
5.16.1 Wipro Profile
5.16.2 Wipro Main Business
5.16.3 Wipro IT Services Products, Services and Solutions
5.16.4 Wipro IT Services Revenue (US$ Million) & (2018-2023)
5.16.5 Wipro Recent Developments
5.17 SAIC
5.17.1 SAIC Profile
5.17.2 SAIC Main Business
5.17.3 SAIC IT Services Products, Services and Solutions
5.17.4 SAIC IT Services Revenue (US$ Million) & (2018-2023)
5.17.5 SAIC Recent Developments
5.18 CTSI
5.18.1 CTSI Profile
5.18.2 CTSI Main Business
5.18.3 CTSI IT Services Products, Services and Solutions
5.18.4 CTSI IT Services Revenue (US$ Million) & (2018-2023)
5.18.5 CTSI Recent Developments
5.19 BT Group
5.19.1 BT Group Profile
5.19.2 BT Group Main Business
5.19.3 BT Group IT Services Products, Services and Solutions
5.19.4 BT Group IT Services Revenue (US$ Million) & (2018-2023)
5.19.5 BT Group Recent Developments
5.20 Chinasoft
5.20.1 Chinasoft Profile
5.20.2 Chinasoft Main Business
5.20.3 Chinasoft IT Services Products, Services and Solutions
5.20.4 Chinasoft IT Services Revenue (US$ Million) & (2018-2023)
5.20.5 Chinasoft Recent Developments
5.21 Taiji
5.21.1 Taiji Profile
5.21.2 Taiji Main Business
5.21.3 Taiji IT Services Products, Services and Solutions
5.21.4 Taiji IT Services Revenue (US$ Million) & (2018-2023)
5.21.5 Taiji Recent Developments
5.22 China Unicom
5.22.1 China Unicom Profile
5.22.2 China Unicom Main Business
5.22.3 China Unicom IT Services Products, Services and Solutions
5.22.4 China Unicom IT Services Revenue (US$ Million) & (2018-2023)
5.22.5 China Unicom Recent Developments
5.23 Teamsun Tech
5.23.1 Teamsun Tech Profile
5.23.2 Teamsun Tech Main Business
5.23.3 Teamsun Tech IT Services Products, Services and Solutions
5.23.4 Teamsun Tech IT Services Revenue (US$ Million) & (2018-2023)
5.23.5 Teamsun Tech Recent Developments
5.24 DCITS
5.24.1 DCITS Profile
5.24.2 DCITS Main Business
5.24.3 DCITS IT Services Products, Services and Solutions
5.24.4 DCITS IT Services Revenue (US$ Million) & (2018-2023)
5.24.5 DCITS Recent Developments
5.25 Capita
5.25.1 Capita Profile
5.25.2 Capita Main Business
5.25.3 Capita IT Services Products, Services and Solutions
5.25.4 Capita IT Services Revenue (US$ Million) & (2018-2023)
5.25.5 Capita Recent Developments
5.26 Xerox
5.26.1 Xerox Profile
5.26.2 Xerox Main Business
5.26.3 Xerox IT Services Products, Services and Solutions
5.26.4 Xerox IT Services Revenue (US$ Million) & (2018-2023)
5.26.5 Xerox Recent Developments
5.27 DHC Software
5.27.1 DHC Software Profile
5.27.2 DHC Software Main Business
5.27.3 DHC Software IT Services Products, Services and Solutions
5.27.4 DHC Software IT Services Revenue (US$ Million) & (2018-2023)
5.27.5 DHC Software Recent Developments
5.28 Neusoft
5.28.1 Neusoft Profile
5.28.2 Neusoft Main Business
5.28.3 Neusoft IT Services Products, Services and Solutions
5.28.4 Neusoft IT Services Revenue (US$ Million) & (2018-2023)
5.28.5 Neusoft Recent Developments
6 North America
6.1 North America IT Services Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe IT Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific IT Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America IT Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa IT Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 IT Services Market Dynamics
11.1 IT Services Industry Trends
11.2 IT Services Market Drivers
11.3 IT Services Market Challenges
11.4 IT Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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