Quick Summary:
In the swiftly evolving business landscape, staying ahead of market trends, competitors, and innovation is imperative. Our newly released research report on the Global IT Outsourcing Market offers an unmatched in-depth analysis of the sector, shining a light on the currents driving this lucrative market, which is forecasted to reach an estimable US$725.6 Million by 2030. Leverage this resource to answer your most pressing industry-related questions, discover emerging opportunities, and guide your strategic planning.
Our report will provide you with an eagle-eye view of the IT Outsourcing Market in the US, valued at US$142.1 Million in 2022, as well as key growth predictions for the burgeoning Chinese market. Your purchase entitles you to exclusive competitor insights, highlighting the performances and strategies of 248 industry-leading companies. In addition, access to our online interactive research platform, complimentary updates for one year, and our extensive digital archives are all included. Dive directly into the trends shaping the future of IT Outsourcing and equip your business for the opportunities it presents.
Global IT Outsourcing Market to Reach $725.6 Million by 2030
The global market for IT Outsourcing estimated at US$525.2 Million in the year 2022, is projected to reach a revised size of US$725.6 Million by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030. Government, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$247.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the BFSI segment is readjusted to a revised 4.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $142.1 Million, While China is Forecast to Grow at 6.7% CAGR
The IT Outsourcing market in the U.S. is estimated at US$142.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$151.9 Million by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 248 Featured) -
- 2r Solution
- 3 Peaks Inc
- 360 Network Services
- 365 iT SOLUTIONS
- ACT-SYSTEMS
- AdventSys Technologies Private Limited
- AdviseTech
- AgileTech Vietnam
- Agiliway
- AIM - Corporate Solutions, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for IT Outsourcing?
What is the growth rate of the Global Market for IT Outsourcing?
What is the forecasted size of the Global Market for IT Outsourcing?
Who are the key companies in the Global Market for IT Outsourcing?
| Report Attribute | Details |
|---|---|
| No. of Pages | 297 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 525.2 Million |
| Forecasted Market Value ( USD | $ 725.6 Million |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 2r Solution
- 3 Peaks Inc
- 360 Network Services
- 365 iT SOLUTIONS
- ACT-SYSTEMS
- AdventSys Technologies Private Limited
- AdviseTech
- AgileTech Vietnam
- Agiliway
- AIM - Corporate Solutions, Inc.
