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Global IT Services Market Size, Status and Forecast 2018-2025

Published Date: 2018-09-14   |   Pages: 115   |   Tables: 123   | Report Id: 713095   | Hits: 131 |   Internet & Communication

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This report focuses on the global IT Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IT Services development in United States, Europe and China.

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.

IT services are included System Integration, Cloud Computing Service, IT Consulting, System Support, etc. The service areas (application) are: Enterprise, Financial, Government, Healthcare & Medical, and Others. And Enterprise was the widest area which took up about 50% of the global total in 2016.

North America is the largest IT service market in the world these years, and USA is the largest consumption countries of IT services in the world in the past few years and it will keep increasing in the next few years. USA market took up about 36% the global market in 2016 (90% of North America IT service market), while Europe was about 29%, and Japan is followed with the share about 13.5%.

USA, UK, Japan and India are now the key developers of IT services. There are some vendors with poor quality or introduced products, but the Chinese market is still controlled by the abroad vendors. And the high quality products are mainly supplied by overseas providers.

IBM, HP, Fujitsu, Accenture, CSC, Lookheed, Capgemini, NTT Data, SAIC, Xerox, Oracle, Hitachi, NCC, ADP, NEC, TCS, Infosys, Atos, Wipro, HCL Tech, BT Global Services, and Capita are the key suppliers in the global IT services market. Top 10 took up about 23.8% of the global market in 2016. Abroad vendors took up more than 50% of the Chinese market. IBM, HP, Fujitsu, Accenture is the most popular IT services in the world.

Note: CSC and HPE (HP) are merger into DXC Technology in Q3 2017, the Data of the former CSC is temporarily added to HP in 2017.

In 2017, the global IT Services market size was 1011000 million US$ and it is expected to reach 1203400 million US$ by the end of 2025, with a CAGR of 2.5% during 2018-2025.

The key players covered in this study

IBM

HP

Fujitsu

Accenture

CSC

Lookheed

Capgemini

NTT Data

SAIC

Xerox

Oracle

Hitachi

NCC

ADP

NEC

TCS

Infosys

Atos

Wipro

HCL Tech

BT Global Services

Capita

CTSI

DCITS

Taiji

Teamsun Tech

China Unicom

DHC Software

Neusoft

SinoRail Info

Chinasoft

Unisys Corp

Market segment by Type, the product can be split into

Type I

Type II

Market segment by Application, split into

Enterprise

Financial

Government

Healthcare & Medical

Others

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global IT Services status, future forecast, growth opportunity, key market and key players.

To present the IT Services development in United States, Europe and China.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of IT Services are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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