IT Outsourcing Market Size Share in Africa 2016-2020: Trends to Increased Adoption of Cloud Computing

This market research report presents a comprehensive segmentation of the IT outsourcing market in Africa by end user (government, BFSI, telecommunications, healthcare, and others). The report provides a market share analysis of the leading companies in the market such as Accenture, CSC, HP, and IBM. Some of the top countries covered in this report include Nigeria, Kenya, South Africa, Ghana, Tunisia, and Egypt.

Market outlook of the IT outsourcing market in Africa

Technavio’s market research analyst predicts the IT outsourcing market in Africa to grow at a CAGR of around 7% during the forecast period. Cost reduction and the need for enhanced efficiency are the primary growth drivers for this market. Cheap labor and growing economy of Africa are the major factors that fuel the outsourcing of IT functions to the region.

The increase in technology adoption such as cloud computing, and analytics, and modernization of ICT infrastructure is fostering the growth of IT services market in the African nation. Government investment in IT especially among SMEs to improve operational and business efficiencies has also been aiding the IT services sector in growing at a significant rate.

Africa is set to become one of the leading outsourcing destinations for IT services. With the presence of leading IT players in the domestic market, Africa is set to become one of the largest IT outsourcing hub worldwide. The IT market in Africa is attracting significant investments in the IT outsourcing market from domestic and foreign investors. African countries are expecting more investments in the IT outsourcing as well as in business process outsourcing. The consumer demand for high-end technology, increasing penetration of mobile technology, and need to build the state-of-the-art technological capabilities are the factors that are keeping the IT outsourcing market in Africa vibrant.

Get the sample copy of report : https://www.marketresearchreports.biz/sample/sample/775757

Competitive landscape and key vendors

The IT outsourcing market in Africa is highly competitive, and several vendors are offering similar kind of outsourcing services to their clients. They also encourage companies to outsource their IT-related function that do not form their core business process. To differentiate their offerings, they are moving up the value chain by providing services such as data analytics.

The top four vendors in the market are -

Accenture
CSC
HP
IBM

Other prominent vendors in the market include Capgemini, Fujitsu, Infosys, Cognizant, HCL, TCS, and Xerox.

Segmentation by end-users and analysis of the IT outsourcing market in Africa
Government
BFSI
Telecommunications
Healthcare
Others

The government sector constituted 30% of the market share during 2015 and is opting to outsource IT functions to reduce expenditures of IT department in government offices. Investors from numerous countries are looking for investment opportunities in Africa to explore the emerging and untapped market. The government's effort to enhance urbanization and increasing demand from various industry verticals is acting as a catalyst for the IT outsourcing market.

Market driver
Need to manage emerging technologies
For a full, detailed list, view our report

Market challenge
Inconsistencies in service level agreements (SLAs)
For a full, detailed list, view our report

Market trend
Increased adoption of cloud computing
For a full, detailed list, view our report

Request for TOC of this report : https://www.marketresearchreports.biz/reports/775757/it-outsourcing-in-africa-market-research-reports/toc

Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the IT outsourcing market in Africa?
What are the key market trends impacting the growth of the IT outsourcing market in Africa?
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 vendors in the IT outsourcing market in Africa?
What are the key outcomes of the five forces analysis of the IT outsourcing market in Africa?

MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have access to fresh data spanning over 300 industries and their sub-segments.

State Tower
90 State Street, Suite 700
Albany, NY 12207
United States

Toll Free: 866-997-4948
(USA-Canada)

Tel: +1-518-621-2074
E: sales@marketresearchreports.biz

This release was published on openPR.