IT Services Market Forecast Report 2021: USD 478.39 Billion Market Growth Opportunity by 2025

NEW YORK, June 13, 2022 /PRNewswire/ — The IT services market share is expected to increase by USD 478.39 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8.27% as per the latest market report by Technavio. The  IT service market is fragmented and the vendors are deploying growth strategies such as investing in R&D to advance their offerings and increase their consumer base to compete in the market. The market report also offers information on several market vendors, including Accenture Plc, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Telefonaktiebolaget LM Ericsson, and Toshiba Corp. among others.

Technavio has announced its latest market research report titled IT Services Market by Service and Geography - Forecast and Analysis 2021-2025

Technavio has announced its latest market research report titled IT Services Market by Service and Geography – Forecast and Analysis 2021-2025

  • Fujitsu Ltd. – The company offers IT infrastructure service which follows lean principles, green environmental best practices, and an industrialized approach to technical design.

  • To know about all major vendor offerings –Download a sample now!

Get ready to achieve excellent business outcomes from this exclusive IT Services
Market
 report by Technavio. The report will include highlights of the overall market which
includes frequently asked questions such as –

  • What are historical revenue figures and estimated revenue figures as well as CAGR
    during the forecast timeframe?

  • What is the current trend taking place in the market space?

  • Which are business tactics that will influence competitive scenarios along with defining
    the growth potential of the market?

  • What are market drivers, restraints, and challenges impacting demand & growth of the
    market?

  • Which regions & segments will garner massive revenue and emerge as market leaders
    in upcoming years?

The competitive scenario provided in the IT Services Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don’t wait, Make a strategic approach & boost your business goals with our IT Services Market Forecast Report –  Buy Now!

IT Services Market 2021-2025: Scope

The IT services market report covers the following areas:

IT Services Market 2021-2025: Market Dynamics

  • Market Drivers

  • Market Challenges

To know about other drivers & challenges –Download a  sample now!

IT Services Market 2021-2025: Segmentation Analysis

For elaborated information on segmentation –Download a sample now!

Related Reports:

  • The data center colocation and managed hosting services market share is expected to rise to USD 138.61 billion by 2026, and the market’s growth momentum will accelerate at a CAGR of 13.35%.  Download a sample now!

  • The predictive analytics market share is expected to increase by USD 17.00 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 21.36%. Download a sample now!

IT Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.27%

Market growth 2021-2025

USD 478.39 billion

Market structure

Fragmented

YoY growth (%)

6.35

Performing market contribution

APAC at 40%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Telefonaktiebolaget LM Ericsson, and Toshiba Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Service

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Cision

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SOURCE Technavio