IT Services market

IT Services Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • ICT & Media
  • 115 Pages
  • Report code : PMR-6802616

  • 4.7 (158)

IT Services Market

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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.

IT Services Market contains market size and forecasts of IT Services in Global, including the following market information:

Global IT Services Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global IT Services market was valued at 1069430 million in 2021 and is projected to reach US$ 1400080 million by 2028, at a CAGR of 3.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Hardware Support Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of IT Services include IBM, Accenture, AWS, Fujitsu, NTT Data, DXC Technology, TCS, Cognizant and Capgemini, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the IT Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global IT Services Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global IT Services Market Segment Percentages, by Type, 2021 (%)

Hardware Support Services

Software and BPO Services

Cloud Services

Global IT Services Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global IT Services Market Segment Percentages, by Application, 2021 (%)

Enterprise

Financial

Government

Healthcare & Medical

Others

Global IT Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global IT Services Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies IT Services revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies IT Services revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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

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