+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia-Pacific (APAC) IT Services Market Summary, Competitive Analysis and Forecast to 2027

  • PDF Icon

    Report

  • 54 Pages
  • March 2023
  • Region: Asia Pacific
  • MarketLine
  • ID: 5835284
IT Services in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market and the infrastructure services market. Values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that particular calendar year.
  • The Asia-Pacific IT services industry had total revenues of $457.7 billion in 2022, representing a compound annual growth rate (CAGR) of 10.7% between 2017 and 2022.
  • The infrastructure services segment accounted for industry's the largest proportion in 2022, with total revenues of $294.1 billion, equivalent to 64.3% of the industry's overall value.
  • The Asia-Pacific IT services industry still experienced strong growth and is anticipated to continue growing over the coming years, despite the decline in the economy and rising inflation. The demand for improved operating resilience and increased operational resilience and accelerated investments in digital transformation.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in Asia-Pacific
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in Asia-Pacific
  • Leading company profiles reveal details of key it services market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific it services market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Asia-Pacific it services market by value in 2022?
  • What will be the size of the Asia-Pacific it services market in 2027?
  • What factors are affecting the strength of competition in the Asia-Pacific it services market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Asia-Pacific's it services market?
Frequently Asked Questions about the Asia-Pacific IT Services Market

What is the estimated value of the Asia-Pacific IT Services Market?

The Asia-Pacific IT Services Market was estimated to be valued at $457.73 Billion in 2022.

What is the growth rate of the Asia-Pacific IT Services Market?

The growth rate of the Asia-Pacific IT Services Market is 12.1%, with an estimated value of $811.74 Billion by 2027.

What is the forecasted size of the Asia-Pacific IT Services Market?

The Asia-Pacific IT Services Market is estimated to be worth $811.74 Billion by 2027.

Who are the key companies in the Asia-Pacific IT Services Market?

Key companies in the Asia-Pacific IT Services Market include International Business Machines Corporation, Tata Consultancy Services Limited, Fujitsu Limited and NTT Data Corporation.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the recent M&A activity?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. International Business Machines Corporation
8.2. Tata Consultancy Services Limited
8.3. Fujitsu Limited
8.4. NTT Data Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Publisher
List of Tables
Table 1: Asia-Pacific IT services industry value: $ billion, 2017-22
Table 2: Asia-Pacific IT services industry category segmentation: % share, by value, 2017-2022
Table 3: Asia-Pacific IT services industry category segmentation: $ billion, 2017-2022
Table 4: Asia-Pacific IT services industry geography segmentation: $ billion, 2022
Table 5: Asia-Pacific IT services industry value forecast: $ billion, 2022-27
Table 6: International Business Machines Corporation: key facts
Table 7: International Business Machines Corporation: Annual Financial Ratios
Table 8: International Business Machines Corporation: Key Employees
Table 9: International Business Machines Corporation: Key Employees Continued
Table 10: International Business Machines Corporation: Key Employees Continued
Table 11: Tata Consultancy Services Limited: key facts
Table 12: Tata Consultancy Services Limited: Annual Financial Ratios
Table 13: Tata Consultancy Services Limited: Key Employees
Table 14: Tata Consultancy Services Limited: Key Employees Continued
Table 15: Fujitsu Limited: key facts
Table 16: Fujitsu Limited: Annual Financial Ratios
Table 17: Fujitsu Limited: Key Employees
Table 18: Fujitsu Limited: Key Employees Continued
Table 19: NTT Data Corporation: key facts
Table 20: NTT Data Corporation: Annual Financial Ratios
Table 21: NTT Data Corporation: Key Employees
Table 22: NTT Data Corporation: Key Employees Continued
Table 23: NTT Data Corporation: Key Employees Continued
Table 24: Asia-Pacific exchange rate, 2018-22
List of Figures
Figure 1: Asia-Pacific IT services industry value: $ billion, 2017-22
Figure 2: Asia-Pacific IT services industry category segmentation: $ billion, 2017-2022
Figure 3: Asia-Pacific IT services industry geography segmentation: % share, by value, 2022
Figure 4: Asia-Pacific IT services industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the IT services industry in Asia-Pacific, 2022
Figure 6: Drivers of buyer power in the IT services industry in Asia-Pacific, 2022
Figure 7: Drivers of supplier power in the IT services industry in Asia-Pacific, 2022
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Asia-Pacific, 2022
Figure 9: Factors influencing the threat of substitutes in the IT services industry in Asia-Pacific, 2022
Figure 10: Drivers of degree of rivalry in the IT services industry in Asia-Pacific, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • International Business Machines Corporation
  • Tata Consultancy Services Limited
  • Fujitsu Limited
  • NTT Data Corporation