Press release
Global IT Sourcing Market to witness significant growth by the end of 2025 : Top Key Players are Accenture PLC, IBM Corporation, Cisco Systems, Inc, CA Technologies, HP Corporation, Quality Systems, Inc, Synnex Corporation, Dell Technologies, Inc
Global IT Sourcing Market valued approximately USD xxx million in 2017 is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2018-2025. The IT Sourcing is developing and expanding at a significant pace. The information technology (IT) outsourcing is precisely referred to the sub-contracting of specific functions or to pursue resources outside an enterprise for all or an individual part of an IT function which do not need much of technical skills. The Short-term assistance or the cheaper rates on simple task are the main reasons why companies operating in the present scenario coutsource work. The Outsourcing process allows staffing flexibility for an enterprise along with permits them to bring in additional resources as and when required & further release them when they are done, thus satisfying the cyclic or seasonal demand. The IT outsourcing market is primarily driven owing to escalating need to optimize business processes, surging integration of application outsourcing and Capacity optimization considering the global scenario.The regional analysis of Global IT Sourcing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
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The leading market players mainly include-
Accenture PLC
IBM Corporation
Cisco Systems, Inc
CA Technologies
HP Corporation
Quality Systems, Inc
Synnex Corporation
Dell Technologies, Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Services:
Software Development
Web Development
Application Support and Management
Help Desk
Database Development and Management
Telecommunication
By End Users:
Government
BFSI
Telecom
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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Target Audience of the Global IT Sourcing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Global IT Sourcing Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global IT Sourcing Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global IT Sourcing Market, By Services
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global IT Sourcing Market, Sub Segment Analysis
5.3.1. Software Development
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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