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IT Services Market Value is Expected to Reach $4788.7 Billion by 2023 : Major Key Players Microsoft; IBM; HP; Oracle; Fujitsu | Covid 19 Impact And Recovery

07-03-2020 05:52 AM CET | IT, New Media & Software

Press release from: The Business research company

IT Services Market

IT Services Market

The Business Research Company offers "IT Services Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global it services market is expected to grow from $3450.1 billion in 2019 to $3506.2 billion in 2020 at a compound annual growth rate (CAGR) of 1.7%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 12% from 2021 and reach $4788.7 billion in 2023.

Place a DIRECT PURCHASE ORDER of The Entire 140+ Pages Report @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2897

The IT services market consists of sales of IT services and related goods by entities (organizations, sole traders and partnerships) that apply technical expertise and knowledge to enable organizations to create, manage and optimize their IT processes. The information technology services market breaks down into custom computer programming services, computer systems design services and computer related services.

Over the past five years, cloud software solutions have been gaining acceptance from companies across all industries. Cloud is a software delivery method where a vendor hosts a software application in a remote server and customers can access it through the internet. Cloud software solutions are widely used in customer relationship management (CRM), HR/payroll, project management and accounting software systems. For example, Vodafone is utilizing Salesforce.com’s software services to make connections through social media.

IT Services Market Segmentation: -
By Type
Hardware Support Services
Software And BPO Services
Cloud Services

By Organisation Size
Large Enterprises
Small And Medium Enterprises

By End-User Industry
Financial Services
Retail & Wholesale
Manufacturing
Healthcare
Others

By Service Provider Location
North America
Asia Pacific
Western Europe
Eastern Europe
Rest of the World

Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/it-services-global-market-report-2020-30-covid-19-impact-and-recovery

Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. IT Services Market Characteristics
4. IT Services Market Product Analysis
5. IT Services Market Supply Chain
.
.
.
21. Key Mergers And Acquisitions In The IT Services Market
22. Market Background: Information Technology Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the IT Services Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

Request for a Sample Copy of This Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2897&type=smp

Some of the key players involved in the IT Services Market are Microsoft; IBM; HP; Oracle; Fujitsu

Contact Information:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on Blog: http://blog.tbrc.info/

About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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