IT Services In Global Market Expected To Grow At A CAGR Of 5.6% Over The Period 2016 - 2020

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IT services help organizations to install IT infrastructure, which includes services such as support services, system integration services, application development and other IT related services. These services focus on providing a framework to structure IT-related activities. A wide range of IT services are now available with which organizations can streamline their processes and integrate their systems. These services help organizations reinvent, develop a more economical cost structure, and centralize their processes. IT services enable organization to align their business strategy with IT strategy to remain competitive in the market with enhanced efficiency and flexibility in their IT environment.

Technavios analysts forecast the global information technology (IT) services market to grow at a CAGR of 5.6% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global information technology (IT) services market 2016-2020. To calculate the market size, the report considers the revenue generated from project-oriented services, information technology outsourcing (ITO) services, IT support and training services, and enterprise cloud computing services.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Information Technology (IT) Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Accenture
CSC
HP
Fujitsu
IBM

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Other prominent vendors
Alcatel-Lucent
AWS
Atos
Capgemini
Cisco Systems
Dell
Deloitte
Ericsson
EY
HCL Technologies
Hitachi
Infosys
KPMG
Microsoft
NTT Data
Oracle
PwC
Siemens
TCS

Market driver
Increase in IT consolidation and modernization
For a full, detailed list, view our report

Market challenge
Lack of quality standards in SLAs
For a full, detailed list, view our report

Market trend
Increased adoption of IT as a service
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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