IT Professional Services Market Will Grow at a Healthy CAGR by 2026 Profiling Accenture PLC, Capgemini SA, IBM Corporation, Microsoft Corporation, DXC Technology Company, Fujitsu Limited, HPE, and Oracle Corporation
The major IT professional services market players are Accenture PLC, Capgemini SA, IBM Corporation, Microsoft Corporation, DXC Technology Company, Fujitsu Limited, Hewlett Packard Enterprise Development LP (HPE), and Oracle Corporation.
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The widescale adoption of cloud computing also acts as a major force driving the market. As enterprises prefer cloud-based services, it has become easier for IT professional services vendors to deliver services via cloud technology. Effective cost reduction is another major reason for IT professional services market growth. As the overall expenditure and IT infrastructure costs come down, the adoption rate of IT professional services witnesses a rapid increase.
What are the important points that the IT professional services market report covers with respect to the type landscape?
o The report segments the IT professional services industry into Project-orient services, ITO services, IT supports & training services, Enterprise cloud computing services as per the type spectrum.
o The market share that each of the type segments account for in the industry currently, are provided in the report.
o The growth rate at which the type categories will increase over the forecast period have been mentioned, in tandem with the target valuation that each of the sub-segments will accrue by the end of the projected period.
What are the important points that the IT professional services market report covers with respect to the Deployment Model landscape?
o The report segments the IT professional services industry into On-premise, Cloud as per the type landscape.
o The market share that each of the Deployment Model types will account for in the industry are provided in the report.
o The growth rate which the Deployment Model segments will show over the forecast period in tandem with the valuation that each of the sub-segments will procure by the end of the projected period have been mentioned.
What are the important points that the IT professional services market report covers with respect to the Application landscape?
o As per the report, the Application landscape is split into IT & Telecom, Consulting, Marketing & Advertisement, Others.
o The market share which every one of the Application types will hold in the industry are provided in the study.
o Also delivered by the report are the growth rates that the sub-segments will depict over the forecast period and the target revenue that the sub-segments will amass by the end of the projected period.
Other important pointers encompassed in the report:
o The IT professional services market study presents a 360 degree synopsis of the industry in question, covering all the latest aspects possible.
o The numerous pricing trends prevalent in the IT professional services industry are presented in the report.
o Pertaining to the competitive landscape, the report also includes a snippet about the financial data of the companies included.
o A gist of the regulatory norms governing the market across the developed and developing economies has been enumerated in the study.
o For the sake of convenience, the IT professional services industry report also explicates on the market definitions referred to in the document.
The Asia Pacific IT professional services market is expected to have the highest growth over the forecast period. This can be contributed to global enterprises outsourcing their back-end operations to low-cost Asian economies. As developing economies continue to thrive, the need for knowledge-based professional services is expected to undergo exponential growth. SMEs in the MEA are also expected to depict a sustained increase in the adoption of IT professional services.
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An inherent collection of pivotal deliverables, the IT professional services market study strives to educate stakeholders and prominent investors about the plausible scenario that this industry may be defined by in the ensuing years. Comprising significant details subject to the industry impact forces, market report also presents a SWOT analysis, Porter's analysis, and a gist on the industry pitfalls and challenges.
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