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The IT services market is forecasted to grow by USD 685.91 bn during 2023-2028, accelerating at a CAGR of 8.74% during the forecast period. The report on the IT services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of AI in information management, growing banking, financial services and insurance (BFSI) sector and go-green initiatives, and growing demand for IoT and big data operations.
The IT services market is segmented as below:
By End-user
- Technology and telecommunication
- BFSI
- Travel and hospitality
- Healthcare
- Media and others
By Service
- IT consulting and other services
- Internet services and infrastructure
- Data processing and outsources services
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the IT services market covers the following areas:
- IT services market sizing
- IT services market forecast
- IT services market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Service
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global IT services market: Accenture Plc, Amazon.com Inc., Avaya LLC, Broadcom Inc., Cisco Systems Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., DXC Technology Co., Fortinet Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., Infosys Ltd., Juniper Networks Inc., Larsen and Toubro Ltd., Microsoft Corp., Nokia Corp., Oracle Corp., and Tata Consultancy Services Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the emergence of cloud-based platforms.'
According to the report, one of the major drivers for this market is the emergence of AI in information management.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Amazon.com Inc.
- Avaya LLC
- Broadcom Inc.
- Cisco Systems Inc.
- Cognizant Technology Solutions Corp.
- Dell Technologies Inc.
- DXC Technology Co.
- Fortinet Inc.
- Fujitsu Ltd.
- Hewlett Packard Enterprise Co.
- Huawei Technologies Co. Ltd.
- International Business Machines Corp.
- Infosys Ltd.
- Juniper Networks Inc.
- Larsen and Toubro Ltd.
- Microsoft Corp.
- Nokia Corp.
- Oracle Corp.
- Tata Consultancy Services Ltd.
