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Internet & Communication

Global and China IT Services Market Size, Status and Forecast 2021-2027

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.
The broader market for IT services is made up of several segments including outsourcing, managed services, security services, data management, and cloud computing. In this report, the market is segmented into Cloud Services (IT Outsourcing, Implementation, Consulting Services), Software & BPO Services and Hardware Support Services Types.
In 2019, North America dominated the IT services market with a market share of about 37%, followed by APAC and Europe. The strongest growing segment is cloud service segment, with the overall global cloud services market size topping nearly 700 billion U.S. dollars in 2019. Others include hardware Support Services and software and BPO services.
IBM is one of the world’s leading information technology professional and managed service providers worldwide. Some of the other leading IT service providers include Accenture, DXC, Fujitsu, AWS, TCS, etc.
It can be applied to enterprise, financial, government, healthcare & medical, and others.
Market Analysis and Insights: Global IT Services Market
The global IT Services market size is projected to reach US$ 1322710 million by 2026, from US$ 997830 million in 2019, at a CAGR of 4.1% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global IT Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global IT Services market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global IT Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global IT Services market.
IT Services Breakdown Data by Type
Hardware Support Services
Software and BPO Services
Cloud Services
IT Services Breakdown Data by Application
Enterprise
Financial
Government
Healthcare & Medical
Others
Based on regional and country-level analysis, the IT Services market has been segmented as follows:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
In the competitive analysis section of the report, leading as well as prominent players of the global IT Services market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2016-2021.
The following players are covered in this report:
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
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IT Services Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Hardware Support Services
1.2.3 Software and BPO Services
1.2.4 Cloud Services
1.3 Market by Application
1.3.1 Global IT Services Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 Enterprise
1.3.3 Financial
1.3.4 Government
1.3.5 Healthcare & Medical
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global IT Services Market Perspective (2016-2027)
2.2 IT Services Growth Trends by Regions
2.2.1 IT Services Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 IT Services Historic Market Share by Regions (2016-2021)
2.2.3 IT Services Forecasted Market Size by Regions (2022-2027)
2.3 IT Services Industry Dynamic
2.3.1 IT Services Market Trends
2.3.2 IT Services Market Drivers
2.3.3 IT Services Market Challenges
2.3.4 IT Services Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top IT Services Players by Revenue
3.1.1 Global Top IT Services Players by Revenue (2016-2021)
3.1.2 Global IT Services Revenue Market Share by Players (2016-2021)
3.2 Global IT Services Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by IT Services Revenue
3.4 Global IT Services Market Concentration Ratio
3.4.1 Global IT Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IT Services Revenue in 2020
3.5 IT Services Key Players Head office and Area Served
3.6 Key Players IT Services Product Solution and Service
3.7 Date of Enter into IT Services Market
3.8 Mergers & Acquisitions, Expansion Plans

4 IT Services Breakdown Data by Type
4.1 Global IT Services Historic Market Size by Type (2016-2021)
4.2 Global IT Services Forecasted Market Size by Type (2022-2027)

5 IT Services Breakdown Data by Application
5.1 Global IT Services Historic Market Size by Application (2016-2021)
5.2 Global IT Services Forecasted Market Size by Application (2022-2027)

6 North America
6.1 North America IT Services Market Size (2016-2027)
6.2 North America IT Services Market Size by Type
6.2.1 North America IT Services Market Size by Type (2016-2021)
6.2.2 North America IT Services Market Size by Type (2022-2027)
6.2.3 North America IT Services Market Size by Type (2016-2027)
6.3 North America IT Services Market Size by Application
6.3.1 North America IT Services Market Size by Application (2016-2021)
6.3.2 North America IT Services Market Size by Application (2022-2027)
6.3.3 North America IT Services Market Size by Application (2016-2027)
6.4 North America IT Services Market Size by Country
6.4.1 North America IT Services Market Size by Country (2016-2021)
6.4.2 North America IT Services Market Size by Country (2022-2027)
6.4.3 United States
6.4.4 Canada

7 Europe
7.1 Europe IT Services Market Size (2016-2027)
7.2 Europe IT Services Market Size by Type
7.2.1 Europe IT Services Market Size by Type (2016-2021)
7.2.2 Europe IT Services Market Size by Type (2022-2027)
7.2.3 Europe IT Services Market Size by Type (2016-2027)
7.3 Europe IT Services Market Size by Application
7.3.1 Europe IT Services Market Size by Application (2016-2021)
7.3.2 Europe IT Services Market Size by Application (2022-2027)
7.3.3 Europe IT Services Market Size by Application (2016-2027)
7.4 Europe IT Services Market Size by Country
7.4.1 Europe IT Services Market Size by Country (2016-2021)
7.4.2 Europe IT Services Market Size by Country (2022-2027)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic

8 Asia-Pacific
8.1 Asia-Pacific IT Services Market Size (2016-2027)
8.2 Asia-Pacific IT Services Market Size by Type
8.2.1 Asia-Pacific IT Services Market Size by Type (2016-2021)
8.2.2 Asia-Pacific IT Services Market Size by Type (2022-2027)
8.2.3 Asia-Pacific IT Services Market Size by Type (2016-2027)
8.3 Asia-Pacific IT Services Market Size by Application
8.3.1 Asia-Pacific IT Services Market Size by Application (2016-2021)
8.3.2 Asia-Pacific IT Services Market Size by Application (2022-2027)
8.3.3 Asia-Pacific IT Services Market Size by Application (2016-2027)
8.4 Asia-Pacific IT Services Market Size by Region
8.4.1 Asia-Pacific IT Services Market Size by Region (2016-2021)
8.4.2 Asia-Pacific IT Services Market Size by Region (2022-2027)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia

9 Latin America
9.1 Latin America IT Services Market Size (2016-2027)
9.2 Latin America IT Services Market Size by Type
9.2.1 Latin America IT Services Market Size by Type (2016-2021)
9.2.2 Latin America IT Services Market Size by Type (2022-2027)
9.2.3 Latin America IT Services Market Size by Type (2016-2027)
9.3 Latin America IT Services Market Size by Application
9.3.1 Latin America IT Services Market Size by Application (2016-2021)
9.3.2 Latin America IT Services Market Size by Application (2022-2027)
9.3.3 Latin America IT Services Market Size by Application (2016-2027)
9.4 Latin America IT Services Market Size by Country
9.4.1 Latin America IT Services Market Size by Country (2016-2021)
9.4.2 Latin America IT Services Market Size by Country (2022-2027)
9.4.3 Mexico
9.4.4 Brazil

10 Middle East & Africa
10.1 Middle East & Africa IT Services Market Size (2016-2027)
10.2 Middle East & Africa IT Services Market Size by Type
10.2.1 Middle East & Africa IT Services Market Size by Type (2016-2021)
10.2.2 Middle East & Africa IT Services Market Size by Type (2022-2027)
10.2.3 Middle East & Africa IT Services Market Size by Type (2016-2027)
10.3 Middle East & Africa IT Services Market Size by Application
10.3.1 Middle East & Africa IT Services Market Size by Application (2016-2021)
10.3.2 Middle East & Africa IT Services Market Size by Application (2022-2027)
10.3.3 Middle East & Africa IT Services Market Size by Application (2016-2027)
10.4 Middle East & Africa IT Services Market Size by Country
10.4.1 Middle East & Africa IT Services Market Size by Country (2016-2021)
10.4.2 Middle East & Africa IT Services Market Size by Country (2022-2027)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE

11 Key Players Profiles
11.1 IBM
11.1.1 IBM Company Details
11.1.2 IBM Business Overview
11.1.3 IBM IT Services Introduction
11.1.4 IBM Revenue in IT Services Business (2016-2021)
11.1.5 IBM Recent Development
11.2 Accenture
11.2.1 Accenture Company Details
11.2.2 Accenture Business Overview
11.2.3 Accenture IT Services Introduction
11.2.4 Accenture Revenue in IT Services Business (2016-2021)
11.2.5 Accenture Recent Development
11.3 AWS
11.3.1 AWS Company Details
11.3.2 AWS Business Overview
11.3.3 AWS IT Services Introduction
11.3.4 AWS Revenue in IT Services Business (2016-2021)
11.3.5 AWS Recent Development
11.4 Fujitsu
11.4.1 Fujitsu Company Details
11.4.2 Fujitsu Business Overview
11.4.3 Fujitsu IT Services Introduction
11.4.4 Fujitsu Revenue in IT Services Business (2016-2021)
11.4.5 Fujitsu Recent Development
11.5 NTT Data
11.5.1 NTT Data Company Details
11.5.2 NTT Data Business Overview
11.5.3 NTT Data IT Services Introduction
11.5.4 NTT Data Revenue in IT Services Business (2016-2021)
11.5.5 NTT Data Recent Development
11.6 DXC Technology
11.6.1 DXC Technology Company Details
11.6.2 DXC Technology Business Overview
11.6.3 DXC Technology IT Services Introduction
11.6.4 DXC Technology Revenue in IT Services Business (2016-2021)
11.6.5 DXC Technology Recent Development
11.7 TCS
11.7.1 TCS Company Details
11.7.2 TCS Business Overview
11.7.3 TCS IT Services Introduction
11.7.4 TCS Revenue in IT Services Business (2016-2021)
11.7.5 TCS Recent Development
11.8 Cognizant
11.8.1 Cognizant Company Details
11.8.2 Cognizant Business Overview
11.8.3 Cognizant IT Services Introduction
11.8.4 Cognizant Revenue in IT Services Business (2016-2021)
11.8.5 Cognizant Recent Development
11.9 Capgemini
11.9.1 Capgemini Company Details
11.9.2 Capgemini Business Overview
11.9.3 Capgemini IT Services Introduction
11.9.4 Capgemini Revenue in IT Services Business (2016-2021)
11.9.5 Capgemini Recent Development
11.10 Atos
11.10.1 Atos Company Details
11.10.2 Atos Business Overview
11.10.3 Atos IT Services Introduction
11.10.4 Atos Revenue in IT Services Business (2016-2021)
11.10.5 Atos Recent Development
11.11 NEC
11.11.1 NEC Company Details
11.11.2 NEC Business Overview
11.11.3 NEC IT Services Introduction
11.11.4 NEC Revenue in IT Services Business (2016-2021)
11.11.5 NEC Recent Development
11.12 Infosys
11.12.1 Infosys Company Details
11.12.2 Infosys Business Overview
11.12.3 Infosys IT Services Introduction
11.12.4 Infosys Revenue in IT Services Business (2016-2021)
11.12.5 Infosys Recent Development
11.13 Hitachi
11.13.1 Hitachi Company Details
11.13.2 Hitachi Business Overview
11.13.3 Hitachi IT Services Introduction
11.13.4 Hitachi Revenue in IT Services Business (2016-2021)
11.13.5 Hitachi Recent Development
11.14 HCL Tech
11.14.1 HCL Tech Company Details
11.14.2 HCL Tech Business Overview
11.14.3 HCL Tech IT Services Introduction
11.14.4 HCL Tech Revenue in IT Services Business (2016-2021)
11.14.5 HCL Tech Recent Development
11.15 CGI
11.15.1 CGI Company Details
11.15.2 CGI Business Overview
11.15.3 CGI IT Services Introduction
11.15.4 CGI Revenue in IT Services Business (2016-2021)
11.15.5 CGI Recent Development
11.16 Wipro
11.16.1 Wipro Company Details
11.16.2 Wipro Business Overview
11.16.3 Wipro IT Services Introduction
11.16.4 Wipro Revenue in IT Services Business (2016-2021)
11.16.5 Wipro Recent Development
11.17 SAIC
11.17.1 SAIC Company Details
11.17.2 SAIC Business Overview
11.17.3 SAIC IT Services Introduction
11.17.4 SAIC Revenue in IT Services Business (2016-2021)
11.17.5 SAIC Recent Development
11.18 CTSI
11.18.1 CTSI Company Details
11.18.2 CTSI Business Overview
11.18.3 CTSI IT Services Introduction
11.18.4 CTSI Revenue in IT Services Business (2016-2021)
11.18.5 CTSI Recent Development
11.18 BT Group
11.25.1 BT Group Company Details
11.25.2 BT Group Business Overview
11.25.3 BT Group IT Services Introduction
11.25.4 BT Group Revenue in IT Services Business (2016-2021)
11.25.5 BT Group Recent Development
11.20 Chinasoft
11.20.1 Chinasoft Company Details
11.20.2 Chinasoft Business Overview
11.20.3 Chinasoft IT Services Introduction
11.20.4 Chinasoft Revenue in IT Services Business (2016-2021)
11.20.5 Chinasoft Recent Development
11.21 Taiji
11.21.1 Taiji Company Details
11.21.2 Taiji Business Overview
11.21.3 Taiji IT Services Introduction
11.21.4 Taiji Revenue in IT Services Business (2016-2021)
11.21.5 Taiji Recent Development
11.22 China Unicom
11.22.1 China Unicom Company Details
11.22.2 China Unicom Business Overview
11.22.3 China Unicom IT Services Introduction
11.22.4 China Unicom Revenue in IT Services Business (2016-2021)
11.22.5 China Unicom Recent Development
11.23 Teamsun Tech
11.23.1 Teamsun Tech Company Details
11.23.2 Teamsun Tech Business Overview
11.23.3 Teamsun Tech IT Services Introduction
11.23.4 Teamsun Tech Revenue in IT Services Business (2016-2021)
11.23.5 Teamsun Tech Recent Development
11.24 DCITS
11.24.1 DCITS Company Details
11.24.2 DCITS Business Overview
11.24.3 DCITS IT Services Introduction
11.24.4 DCITS Revenue in IT Services Business (2016-2021)
11.24.5 DCITS Recent Development
11.25 Capita
11.25.1 Capita Company Details
11.25.2 Capita Business Overview
11.25.3 Capita IT Services Introduction
11.25.4 Capita Revenue in IT Services Business (2016-2021)
11.25.5 Capita Recent Development
11.26 Xerox
11.26.1 Xerox Company Details
11.26.2 Xerox Business Overview
11.26.3 Xerox IT Services Introduction
11.26.4 Xerox Revenue in IT Services Business (2016-2021)
11.26.5 Xerox Recent Development
11.27 DHC Software
11.27.1 DHC Software Company Details
11.27.2 DHC Software Business Overview
11.27.3 DHC Software IT Services Introduction
11.27.4 DHC Software Revenue in IT Services Business (2016-2021)
11.27.5 DHC Software Recent Development
11.28 Neusoft
11.28.1 Neusoft Company Details
11.28.2 Neusoft Business Overview
11.28.3 Neusoft IT Services Introduction
11.28.4 Neusoft Revenue in IT Services Business (2016-2021)
11.28.5 Neusoft Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details