Press release
IT Professional Services Market is projected to grow at a CAGR of 8.98% during the forecast period of 2022-2030 : Cognitive Market Research
IT Professional Services Market is projected to grow at a CAGR of 8.98% during the forecast period of 2022-2030 : Cognitive Market
- IT Professional Services is the delivery of technology-related services to a customer, helping them to focus on core business concerns. These services range from consulting and advising on a strategy to product deployment and data analytics. The adoption of Cloud Computing and Advanced Technologies such as AI, IoT, and 5G by small and medium enterprises are driving the growth of IT professional services by providing businesses with scalable, flexible, and cost-effective solutions. The use of AI, IoT, and 5G is leading to the automation of many business processes, enabling companies to operate more efficiently and effectively. As a result, the demand for IT professionals who can design, implement, and manage these advanced technologies is increasing, leading to growth in the IT professional services market.
Summary:
- Global IT Professional Services Market is expected to grow from USD 819.72 billion in 2022 to USD 1,481.21 billion by 2030, at a CAGR of 8.98% during the forecast period. Exclusive Report by Cognitive Market Research. The adoption of Cloud Computing and Advanced Technologies and the growing number of SMEs and IT startups globally is the major driving factor for the growth of the IT Professional Services market. Asia Pacific accounted for the largest market share in the Global IT Professional Services Market.
To know more The IT Professional Services Market statistics click here:https://www.cognitivemarketresearch.com/it-professional-services-market-report
Market Segmentation:
Type
- The ITO service segment holds a significant share of the IT Professional Services market. This is due to an increased emphasis on IT support and training services in order to familiarise employees with the latest technologies and reduce training time by utilizing a single platform across the organization.
• Project-oriented Services
• ITO Services
• IT Support & Training Services
• Enterprise Cloud Computing Services
Deployment
- The cloud segment accounts major market share in the year 2022 owing to the increasing focus of organizations to develop a single unified digital platform to handle holistic data operations with the least amount of effort.
• On-premise
• Cloud
Enterprise Size
- Small & Medium Enterprises (SMEs) hold the major share. This is due to IT Professional Services provide management of businesses with scalable, and flexible solutions by automating various tasks to allow employees to focus on other important works with a focus on cost-effectiveness.
• Small & Medium Enterprises (SMEs)
• Large Enterprises
End-Use
• Technology Companies
• Consulting Companies
• Marketing & Communication Companies
• Others
Get free sample pages of latest published IT Professional Services Report 2023 : https://www.cognitivemarketresearch.com/it-professional-services-market-report#request_sample
Regional Analysis:
- The increasing number of Small and Medium-Sized Enterprises and startups in Asia is driving the growth of the IT Professional Services market in this region. As SMEs may not have the in-house expertise to fully leverage technology to improve their operations and compete in their industry so these enterprises need IT professional services to provide SMEs with access to specialized expertise and help them stay ahead of the technology curve. Moreover, IT professional services can offer SMEs cost-effective solutions, as they can avoid the high cost of hiring and training in-house IT staff. These are the main factors driving the growth of the IT Professional Services market in APAC.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global IT Professional Services Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global IT Professional Services Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global IT Professional Services Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global IT Professional Services Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global IT Professional Services Market Regional Analysis
• 10.1 Detailed Qualitative Analysis
• 10.2 Global IT Professional Services Market Revenue by Region (2018-2030)
• 10.2 Global IT Professional Services Market Share (%) by Region (2018-2030)
Chapter 11 North America IT Professional Services Market Outlook (2018 - 2030)
Chapter 12 Europe IT Professional Services Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific IT Professional Services Market Outlook (2018 - 2030)
Chapter 14 Latin America IT Professional Services Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa IT Professional Services Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more IT Professional Services Market TOC click here : https://www.cognitivemarketresearch.com/it-professional-services-market-report#table_of_contents
Related Markets:
• Professional Services Automation Software Market : https://www.cognitivemarketresearch.com/professional-services-automation-software-market-report
• Payment As a Service Market : https://www.cognitivemarketresearch.com/payment-as-a-service-market-report
• Financial Auditing Professional Services Market : https://www.cognitivemarketresearch.com/financial-auditing-professional-services-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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