Press Release
Global IT Services Market is Estimated to Reach $1,752 Billion by 2024, Says Variant Market Research
 Published Date:  Sep 2017  Publish By: Variant Market Research

Global IT Services Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,752 Billion by 2024 from $1,152 Billion in 2016, growing at a CAGR of 5.4% from 2016 to 2024. By geography, Asia Pacific and Rest of the World are expected to grow at a CAGR of 6.4% and 5.8%, respectively, during the forecast period.

"IT Services Market (Application Development, Application Modernization, System Integration, Performance Engineering; IT Consulting and Network Consulting;Financial, Government, Computer Services, Manufacturing, Telecom, Transportation; Desktop Support Infrastructure, Data Center Infrastructure, Mainframe Support Infrastructure, Help Desk Infrastructure; North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"

To browse the complete report, visit at: https://www.variantmarketresearch.com/report-categories/information-communication-technology/it-services-market

Key factors driving the growth of IT services market are increase in number of start-up community and increasing technology. Growing emphasis on developing an IT efficient infrastructure and implementation of IT services such as consulting services and system integration services by organizations is also supplementing the growth of the market. However, stiff competition is a major challenge for competitors. IT services market will place a great prominence on the needs and outcomes necessitated by the business to improve revenue, profitability, and employee productivity in the upcoming years.

The IT services market is segmented by service type, consulting type, industry vertical, infrastructure, and geography. By service type, the market is classified into application development, application modernization, system integration, performance engineering, and others. By consulting type, the market is segmented as IT consulting and network consulting. By industry vertical the market is segmented as financial, government, computer services, manufacturing, telecom, transportation, and others. By infrastructure, the segmentations considered in the report are desktop support infrastructure, data center infrastructure, mainframe support infrastructure, help desk infrastructure, and others.

By geography the market is classified into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America and Europe dominated the market with 44.8% and 23.9% market share in 2016. Moreover, in terms of growth, Asia-Pacific is anticipated to grow with the fastest CAGR of 6.4% during the forecast period 2016 to 2024, owing to increasing technology and the rise in numbers of start-ups.

The key market players include Hewlett Packard Enterprise, International Business Machine Corporation, Infosys Limited, Accenture PLC, Capgemini SE, Cisco Systems, Cognizant Technology Solutions Corporation, HCL Technologies Limited, Oracle Corporation, and Tata Consultancy Services, among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 IT Services Market by Service Type: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Application Development
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
    4.3 Application Modernization
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
    4.4 System Integration
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
    4.5 Performance Engineering
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
    4.6 Others
          4.6.1 Current Trend and Analysis
          4.6.2 Market Size and Forecast
Chapter 5 IT Services Market by Consulting Type: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 IT Consulting
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
    5.3 Network Consulting
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
Chapter 6 IT Services Market by Industry Vertical: Market Size and Forecast, 2015 – 2024
    6.1 Overview
    6.2 Financial
          6.2.1 Current Trend and Analysis
          6.2.2 Market Size and Forecast
    6.3 Government
          6.3.1 Current Trend and Analysis
          6.3.2 Market Size and Forecast
    6.4 Computer Services
          6.4.1 Current Trend and Analysis
          6.4.2 Market Size and Forecast
    6.5 Manufacturing
          6.5.1 Current Trend and Analysis
          6.5.2 Market Size and Forecast
    6.6 Telecom
          6.6.1 Current Trend and Analysis
          6.6.2 Market Size and Forecast
    6.7 Transportation
          6.7.1 Current Trend and Analysis
          6.7.2 Market Size and Forecast
    6.8 Others
          6.8.1 Current Trend and Analysis
          6.8.2 Market Size and Forecast
Chapter 7 Services Market by Infrastructure: Market Size and Forecast, 2015 – 2024
    7.1 Overview
    7.2 Desktop Support Infrastructure
          7.2.1 Current Trend and Analysis
          7.2.2 Market Size and Forecast
    7.3 Data Center Infrastructure
          7.3.1 Current Trend and Analysis
          7.3.2 Market Size and Forecast
    7.4 Mainframe Support Infrastructure
          7.4.1 Current Trend and Analysis
          7.4.2 Market Size and Forecast
    7.5 Help Desk Infrastructure
          7.5.1 Current Trend and Analysis
          7.5.2 Market Size and Forecast
    7.6 Others
          7.6.1 Current Trend and Analysis
          7.6.2 Market Size and Forecast
Chapter 8 IT Services Market by Geography: Market Size and Forecast, 2015 – 2024
    8.1 Overview
    8.2 North America
          8.2.1 Current Trend and Analysis
          8.2.2 Market Size and Forecast
         8.2.3 U.S.
                   8.2.3.1 Market Size and Forecast
          8.2.4 Canada
                   8.2.4.1 Market Size and Forecast
          8.2.5 Mexico
                   8.2.5.1 Market Size and Forecast
    8.3 Europe
          8.3.1 Current Trend and Analysis
          8.3.2 Market Size and Forecast
          8.3.3 Germany
                   8.3.3.1 Market Size and Forecast
          8.3.4 UK
                   8.3.4.1 Market Size and Forecast
          8.3.5 Others
                   8.3.5.1 Market Size and Forecast
    8.4 Asia-Pacific
          8.4.1 Current Trend and Analysis
          8.4.2 Market Size and Forecast
          8.4.3 China
                   8.4.3.1 Market Size and Forecast
          8.4.4 India
                   8.4.4.1 Market Size and Forecast
          8.4.5 Others
                   8.4.5.1 Market Size and Forecast
    8.5 RoW
          8.5.1 Current Trend and Analysis
          8.5.2 Market Size and Forecast
          8.5.3 South America
                   8.5.3.1 Market Size and Forecast
          8.5.4 Middle East
                   8.5.4.1 Market Size and Forecast
          8.5.5 Africa
                   8.5.5.1 Market Size and Forecast
Chapter 9 Company Profiles
    9.1 Hewlett Packard Enterprise
    9.2 International Business Machine Corporation
    9.3 Infosys Limited
    9.4 Accenture PLC
    9.5 Capgemini SE
    9.6 Cisco Systems
    9.7 Cognizant Technology Solutions Corporation
    9.8 HCL Technologies Limited
    9.9 Oracle Corporation
    9.10 Tata Consultancy Services
List of Figures
FIG. 1 MARKET SEGMENTATION: GLOBAL IT SERVICES MARKET
FIG. 2 GLOBAL IT SERVICES MARKET SHARE AND FORECAST, BY SERVICE TYPE 2016 Vs 2024 (VALUE %)
FIG. 3 APPLICATION DEVELOPMENT MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 4 APPLICATION MODERNIZATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 5 SYSTEM INTEGRATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 6 PERFORMANCE ENGINEERING MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 7 OTHER SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 8 GLOBAL IT SERVICES MARKET SHARE AND FORECAST, BY CONSULTING TYPE 2016 Vs 2024 (VALUE %)
FIG. 9 IT CONSULTING MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 10 NETWORK CONSULTING MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 11 GLOBAL IT SERVICES MARKET SHARE AND FORECAST, BY INFRASTRUCTURE 2016 Vs 2024 (VALUE %)
FIG. 12 DESKTOP SUPPORT INFRASTRUCTURE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 13 DATA CENTER INFRASTRUCTURE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 14 MAINFRAME SUPPORT INFRASTRUCTURE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 15 HELP DESK INFRASTRUCTURE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 16 OTHER INFRASTRUCTURES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 17 GLOBAL IT SERVICES MARKET SHARE AND FORECAST, BY INDUSTRY VERTICAL 2016 Vs 2024 (VALUE %)
FIG. 18 FINANCIAL MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 19 GOVERNMENT MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 20 COMPUTER SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 21 MANUFACTURING MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 22 TELECOM MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 23 TRANSPORTATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 24 OTHER INDUSTRY VERTICALS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 25 GLOBAL IT SERVICES MARKET SIZE AND FORECAST BY GEOGRAPHY, 2016 Vs 2024 (REVENUE, CAGR %)
FIG. 26 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 27 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST BY COUNTRY, 2015 – 2024 ($ BILLION)
FIG. 28 U.S. IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 29 CANADA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 30 MEXICO IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 31 EUROPE IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024, ($ BILLION)
FIG. 32 EUROPE IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY, ($ BILLION)
FIG. 33 GERMANY IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 34 UNITED KINGDOM IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 35 OTHER COUNTRIES IN EUROPE IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 36 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 37 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 38 INDIA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 39 CHINA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 40 OTHER COUNTRIES IN ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 41 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 42 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION)
FIG. 43 SOUTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 44 MIDDLE EAST IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
FIG. 45 AFRICA IT SERVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION)
List of Tables
TABLE 1 GLOBAL IT SERVICES MARKET SNAPSHOT
TABLE 2 GLOBAL IT SERVICES MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ BILLION)
TABLE 3 DRIVER OF THE GLOBAL IT SERVICES MARKET: IMPACT ANALYSIS
TABLE 4 RESTRAINTS OF THE GLOBAL IT SERVICES MARKET: IMPACT ANALYSIS
TABLE 5 APPLICATION DEVELOPMENT MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 6 APPLICATION MODERNIZATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 7 SYSTEM INTEGRATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 8 PERFORMANCE ENGINEERING MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 9 OTHER SERVICES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 10 IT CONSULTING MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 11 NETWORK CONSULTING MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 12 DESKTOP SUPPORT INFRASTRUCTURE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 13 DATA CENTER INFRASTRUCTURE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 14 MAINFRAME SUPPORT INFRASTRUCTURE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 15 HELP DESK INFRASTRUCTURE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 16 OTHER INFRASTRUCTURES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 17 FINANCIAL MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 18 GOVERNMENT MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 19 COMPUTER SERVICES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 20 MANUFACTURING MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 21 TELECOM MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 22 TRANSPORTATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 23 OTHER INDUSTRY VERTICALS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION)
TABLE 24 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, BY SERVICE TYPE, 2015 – 2024 ($ BILLION)
TABLE 25 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, BY CONSULTING TYPE, 2015 – 2024 ($ BILLION)
TABLE 26 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, BY INFRASTRUCTURE, 2015 – 2024 ($ BILLION)
TABLE 27 NORTH AMERICA IT SERVICES MARKET SIZE AND FORECAST, BY INDUSTRY VERTICAL, 2015 – 2024 ($ BILLION)
TABLE 28 EUROPE IT SERVICES MARKET SIZE AND FORECAST, BY SERVICE TYPE, 2015 – 2024 ($ BILLION)
TABLE 29 EUROPE IT SERVICES MARKET SIZE AND FORECAST, BY CONSULTING TYPE, 2015 – 2024 ($ BILLION)
TABLE 30 EUROPE IT SERVICES MARKET SIZE AND FORECAST, BY INFRASTRUCTURE, 2015 – 2024 ($ BILLION)
TABLE 31 EUROPE IT SERVICES MARKET SIZE AND FORECAST, BY INDUSTRY VERTICAL, 2015 – 2024 ($ BILLION)
TABLE 32 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, BY SERVICE TYPE, 2015 – 2024 ($ BILLION)
TABLE 33 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, BY CONSULTING TYPE, 2015 – 2024 ($ BILLION)
TABLE 34 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, BY INFRASTRUCTURE, 2015 – 2024 ($ BILLION)
TABLE 35 ASIA-PACIFIC IT SERVICES MARKET SIZE AND FORECAST, BY INDUSTRY VERTICAL, 2015 – 2024 ($ BILLION)
TABLE 36 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, BY SERVICE TYPE, 2015 – 2024 ($ BILLION)
TABLE 37 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, BY CONSULTING TYPE, 2015 – 2024 ($ BILLION)
TABLE 38 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, BY INFRASTRUCTURE, 2015 – 2024 ($ BILLION)
TABLE 39 REST OF THE WORLD IT SERVICES MARKET SIZE AND FORECAST, BY INDUSTRY VERTICAL, 2015 – 2024 ($ BILLION)
TABLE 40 HEWLETT PACKARD ENTERPRISE: COMPANY SNAPSHOT
TABLE 41 INTERNATIONAL BUSINESS MACHINE CORPORATION: COMPANY SNAPSHOT
TABLE 42 INFOSYS LIMITED: COMPANY SNAPSHOT
TABLE 43 ACCENTURE PLC: COMPANY SNAPSHOT
TABLE 44 CAPGEMINI SE: COMPANY SNAPSHOT
TABLE 45 CISCO SYSTEMS: COMPANY SNAPSHOT
TABLE 46 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION: COMPANY SNAPSHOT
TABLE 47 HCL TECHNOLOGIES LIMITED: COMPANY SNAPSHOT
TABLE 48 ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 49 TATA CONSULTANCY SERVICES: COMPANY SNAPSHOT

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