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. According to our (Global Info Research) latest study, the global IT Services market size was valued at USD 1069430 million in 2022 and is forecast to a readjusted size of USD 1400080 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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ﾒ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. This report is a detailed and comprehensive analysis for global IT Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global IT Services market size and forecasts, in consumption value ($ Million), 2018-2029 Global IT Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global IT Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029 Global IT Services market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for IT Services To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global IT Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Accenture, AWS, Fujitsu and NTT Data, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation IT Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Hardware Support Services Software and BPO Services Cloud Services Market segment by Application Enterprise Financial Government Healthcare & Medical Others Market segment by players, this report covers 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 Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe IT Services product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of IT Services, with revenue, gross margin and global market share of IT Services from 2018 to 2023. Chapter 3, the IT Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and IT Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of IT Services. Chapter 13, to describe IT Services research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of IT Services 1.2 Market Estimation Caveats and Base Year 1.3 Classification of IT Services by Type 1.3.1 Overview: Global IT Services Market Size by Type: 2018 Versus 2022 Versus 2029 1.3.2 Global IT Services Consumption Value Market Share by Type in 2022 1.3.3 Hardware Support Services 1.3.4 Software an
