The Global IT Services Market Size It Is Expected To Reach 1203400 Million US$ By The End Of 2025, With A CAGR Of 2.5% -Valuates Reports

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.

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.

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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.

This report focuses on the global IT Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IT Services development in United States, Europe and China.

The study objectives of this report are:
To analyze global IT Services status, future forecast, growth opportunity, key market and key players.
To present the IT Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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The key players covered in this study
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

Market segment by Type, the product can be split into
Type I
Type II

Market segment by Application, split into
Enterprise
Financial
Government
Healthcare & Medical
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

In this study, the years considered to estimate the market size of IT Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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