IT Services Market

IT services refers to the application of business and technical expertise to enable organizations in the creation, management and optimization of or access to information and business processes.
The IT services market can be segmented by the type of skills that are employed to deliver the service (design, build, run). There are also different categories of service: business process services, application services and infrastructure services.
If these services are outsourced, they are referred to as business process outsourcing (BPO), applications outsourcing (AO) and infrastructure outsourcing.
IT Services Market contains market size and forecasts of IT Services in Global, including the following market information:
Global IT Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global IT Services market was valued at 1069430 million in 2021 and is projected to reach US$ 1400080 million by 2028, at a CAGR of 3.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Support Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of IT Services include IBM, Accenture, AWS, Fujitsu, NTT Data, DXC Technology, TCS, Cognizant and Capgemini, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the IT Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IT Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global IT Services Market Segment Percentages, by Type, 2021 (%)
Hardware Support Services
Software and BPO Services
Cloud Services
Global IT Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global IT Services Market Segment Percentages, by Application, 2021 (%)
Enterprise
Financial
Government
Healthcare & Medical
Others
Global IT Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global IT Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IT Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies IT Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Accenture
AWS
Fujitsu
NTT Data
DXC Technology
TCS
Cognizant
Capgemini
Atos
NEC
Infosys
Hitachi
HCL Tech
CGI
Wipro
SAIC
CTSI
BT Group
Chinasoft
Taiji
China Unicom
Teamsun Tech
DCITS
Capita
Xerox
DHC Software
Neusoft