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IT Services Market 2021 Size, Industry Growth And Forecast Till 2030 | COVID-19 Impact And Recovery
IT Services Market
The it services market report describes and explains the global it services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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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 IT services market is segmented into hardware support services; software and BPO services and cloud services.
The global IT services market is expected to grow from $3501.26 billion in 2020 to $3745.08 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5734.09 billion in 2025 at a CAGR of 11%.
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Some of the major players of the it services market are Microsoft, IBM, HP, Oracle, Fujitsu.
The countries covered in the global it services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global it services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global it services market is segmented -
1) By Type: Hardware Support Services, Software And BPO Services, Cloud Services
2) By Organisation Size: Large Enterprises, Small And Medium Enterprises
3) By End-User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Others
4) By Service Provider Location: North America, Asia Pacific, Western Europe, Eastern Europe, Rest of the World
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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
....
22.Key Mergers And Acquisitions In The IT Services Market
23.Market Background: Information Technology Market
24.Recommendations
25.Appendix
26.Copyright And Disclaimer
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