The IT Services Market report includes the all the details of IT Services including table of contents that provides key statistics on the market status of the IT Services manufacturers which can prove to be a valuable source of guidance and direction for companies and individuals interested. This Report covers the present scenario and the growth prospects of the IT Services Market for 2019-2025.
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Overview of IT Services Market: “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.
, , , , IT services are included System Integration, Cloud Computing Service, IT Consulting, System Support, etc. The service areas (application) are: Enterprise, Financial, Government, Healthcare & Medical, and Others. And Enterprise was the widest area which took up about 50% of the global total in 2016.
North America is the largest IT service market in the world these years, and USA is the largest consumption countries of IT services in the world in the past few years and it will keep increasing in the next few years. USA market took up about 36% the global market in 2016 (90% of North America IT service market), while Europe was about 29%, and Japan is followed with the share about 13.5%.
USA, UK, Japan and India are now the key developers of IT services. There are some vendors with poor quality or introduced products, but the Chinese market is still controlled by the abroad vendors. And the high quality products are mainly supplied by overseas providers.
IBM, HP, Fujitsu, Accenture, CSC, Lookheed, Capgemini, NTT Data, SAIC, Xerox, Oracle, Hitachi, NCC, ADP, NEC, TCS, Infosys, Atos, Wipro, HCL Tech, BT Global Services, and Capita are the key suppliers in the global IT services market. Top 10 took up about 23.8% of the global market in 2016. Abroad vendors took up more than 50% of the Chinese market. IBM, HP, Fujitsu, Accenture is the most popular IT services in the world.
Note: CSC and HPE (HP) are merger into DXC Technology in Q3 2017, the Data of the former CSC is temporarily added to HP in 2017.
, In 2018, the global IT Services market size was 1011000 million US$ and it is expected to reach 1203400 million US$ by the end of 2025, with a CAGR of 2.5% during 2019-2025.“
The IT Services Market report begins from Synopsis of IT Services Industry Chain structures and Industry Environment, then analyses market size and forecasts of IT Services by Key Players, Product Types, and Applications, additionally, this report includes Market Competition situation of IT Services among the Major Manufacturers along with company profiles.
Major Key Players of IT Services Market Report: IBM, HP, Fujitsu, Accenture, CSC, Lookheed, Capgemini, NTT Data, SAIC, Xerox, Oracle, Hitachi, NCC, ADP, NEC, TCS, Infosys, Atos, Wipro, HCL Tech, BT Global Services, Capita, CTSI, DCITS, Taiji, Teamsun Tech, China Unicom, DHC Software, Neusoft, SinoRail Info, Chinasoft, Unisys Corp.
IT Services Market Segment by Product Types considering Production, Revenue (Value), Price Trends:
IT Services Market Segment by Applications considering Consumption Growth Rate and Market Share:
The study objectives of IT Services Market Report are:
- To study and forecast the market size of IT Services in global market.
- To analyse the global Key players, SWOT analysis, value and global market share for top players in the IT Services Market.
- To define, describe and forecast the market by type, end use and region.
- To analyse and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
- To analyse the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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In this study, the years considered to estimate the market size of IT Services are as follows:
- History Year: 2014-2019
- Base Year: 2019
- Estimated Year: 2018
- Forecast Year 2019 to 2025
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In a word, the IT Services Market report provides major statistics on the state of the IT Services industry and is a valuable source of guidance and direction for companies and individuals interested in the market.