Press release
IT Services Market: Competitive Dynamics & Global Outlook 2023
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.
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Global IT Services Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that IT Services will register a 2.6% CAGR in terms of revenue, reach US$ 1150600 million by 2023, from US$ 1011000 million in 2017.
Global IT Services Market: Key Players
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
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Related Information:
United States IT Services Market Research Report 2018
Europe IT Services Market Research Report 2018
North America IT Services Market Research Report 2018
Asia-Pacific IT Services Market Research Report 2018
China IT Services Market Research Report 2018
EMEA IT Services Market Research Report 2018
Global IT Services Market Research Report 2018
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