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Global IT Services Outsourcing Market Size study, by By Service (Professional Services, Managed Services, and Telecom Services ), By Location (On-shore, Off-shore) and Regional Forecasts 2021-2027

  • BIZ4412175
  • 200 Pages
  • May 2021
  • ICT & Media
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Global IT Services Outsourcing Market is valued approximately USD 556.67 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.7 % over the forecast period 2021-2027. Outsourcing is an arrangement where one organization gets an assistance agency to be liable for an arranged or existing action that is or should be possible inside, and here and there includes moving representatives and resources starting with one firm then onto the next. The growing vigilance regards to information security and client centricity in projects, particularly in the aviation and protection and BFSI areas, are fuelling the interest for data innovation administrations reevaluation. Improvement of the Industrial Internet of Things (IIoT) across the Industry 4.0 stage is relied upon to fuel the interest for IT activities inside the crossover data innovation oversaw climate. Organizations are subcontracting these IT activities in order to stay up with the market elements and lessen their overhead expenses and lead time. Be that as it may, the worldwide market is seeing a growth rate in its development rate because of expanding number of Global In-house Centers (GICs) of organizations. As per Nasscom, in FY2019, around 1,250 MNCs overall set up in excess of 1,750 Global Capability Centers (GCCs) in India. (Rest of the Drivers and their Statistics.) However, (Restraint) increase in concerns about intellectual property confidentiality impedes the growth of the market over the forecast period of 2021-2027. Also, (Opportunity) with the increasing adoption of cloud computing and the internet of things (IoT) among various organizations is likely to increase the market growth during the forecast period.

The regional analysis of worldwide IT Services Outsourcing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is dominating the market due to execution testing, incorporation testing, esteem examination, plan, coding. Also, factors, such as decrease in generally activity cost and advancement of limit expansions would make rewarding development possibilities for the IT Services Outsourcing market across Asia-Pacific region.

Major market player included in this report are:

Accenture

IBM

Fujitsu

Hewlett Packard Enterprise Development LP

SAP SE

Capgemini

Cognizant

Infosys Limited

NTT Data Corporation

Oracle

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service:

Professional Services

Managed Services

and Telecom Services

By Location

On-shore

Off-shore

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global IT Services Outsourcing Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global IT Services Outsourcing Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. IT Services Outsourcing Market, by Region, 2019-2027 (USD Billion)

1.2.2. IT Services Outsourcing Market, by Service, 2019-2027 (USD Billion)

1.2.3. IT Services Outsourcing Market, by Location, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global IT Services Outsourcing Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global IT Services Outsourcing Market Dynamics

3.1. IT Services Outsourcing Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. The growing vigilance in regards to information security

3.1.1.2. Client centricity in projects, particularly in the aviation and protection and BFSI areas.

3.1.2. Market Challenges

3.1.2.1. Lack of skilled professionals

3.1.3. Market Opportunities

3.1.3.1. The increasing adoption of cloud computing and the internet of things (IoT) among various organizations.

Chapter 4. Global IT Services Outsourcing Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global IT Services Outsourcing Market, by Service

5.1. Market Snapshot

5.2. Global IT Services Outsourcing Market by Service, Performance - Potential Analysis

5.3. Global IT Services Outsourcing Market Estimates & Forecasts by Service 2018-2027 (USD Billion)

5.4. IT Services Outsourcing Market, Sub Segment Analysis

5.4.1. Professional Services

5.4.2. Managed Services

5.4.3. and Telecom Services

Chapter 6. Global IT Services Outsourcing Market, by Location

6.1. Market Snapshot

6.2. Global IT Services Outsourcing Market by Ownership, Performance - Potential Analysis

6.3. Global IT Services Outsourcing Market Estimates & Forecasts by Ownership 2018-2027 (USD Billion)

6.4. IT Services Outsourcing Market, Sub Segment Analysis

6.4.1. On-shore

6.4.2. Off-shore

Chapter 7. Global IT Services Outsourcing Market, Regional Analysis

7.1. IT Services Outsourcing Market, Regional Market Snapshot

7.2. North America IT Services Outsourcing Market

7.2.1. U.S. IT Services Outsourcing Market

7.2.1.1. Service breakdown estimates & forecasts, 2018-2027

7.2.1.2. Location breakdown estimates & forecasts, 2018-2027

7.2.2. Canada IT Services Outsourcing Market

7.3. Europe IT Services Outsourcing Market Snapshot

7.3.1. U.K. IT Services Outsourcing Market

7.3.2. Germany IT Services Outsourcing Market

7.3.3. France IT Services Outsourcing Market

7.3.4. Spain IT Services Outsourcing Market

7.3.5. Italy IT Services Outsourcing Market

7.3.6. Rest of Europe IT Services Outsourcing Market

7.4. Asia-Pacific IT Services Outsourcing Market Snapshot

7.4.1. China IT Services Outsourcing Market

7.4.2. India IT Services Outsourcing Market

7.4.3. Japan IT Services Outsourcing Market

7.4.4. Australia IT Services Outsourcing Market

7.4.5. South Korea IT Services Outsourcing Market

7.4.6. Rest of Asia Pacific IT Services Outsourcing Market

7.5. Latin America IT Services Outsourcing Market Snapshot

7.5.1. Brazil IT Services Outsourcing Market

7.5.2. Mexico IT Services Outsourcing Market

7.6. Rest of The World IT Services Outsourcing Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Accenture

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. IBM

8.2.3. Fujitsu

8.2.4. Hewlett Packard Enterprise Development LP

8.2.5. SAP SE

8.2.6. Capgemini

8.2.7. Cognizant

8.2.8. Infosys Limited

8.2.9. NTT Data Corporation

8.2.10. Oracle

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global IT Services Outsourcing market, report scope

TABLE 2. Global IT Services Outsourcing market estimates & forecasts by Region 2018-2027 (USD Billion)

TABLE 3. Global IT Services Outsourcing market estimates & forecasts by Service 2018-2027 (USD Billion)

TABLE 4. Global IT Services Outsourcing market estimates & forecasts by Location 2018-2027 (USD Billion)

TABLE 5. Global IT Services Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global IT Services Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global IT Services Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global IT Services Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global IT Services Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global IT Services Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global IT Services Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global IT Services Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global IT Services Outsourcing market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global IT Services Outsourcing market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. U.S. IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. U.S. IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 17. U.S. IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 18. Canada IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Canada IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 20. Canada IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 21. UK IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. UK IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. UK IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Germany IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Germany IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Germany IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. RoE IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. RoE IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. RoE IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. China IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. China IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. China IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. India IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. India IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. India IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Japan IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Japan IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Japan IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. RoAPAC IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. RoAPAC IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. RoAPAC IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Brazil IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Brazil IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Brazil IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. Mexico IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. Mexico IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. Mexico IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. RoLA IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. RoLA IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. RoLA IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Row IT Services Outsourcing market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Row IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Row IT Services Outsourcing market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. List of secondary sources, used in the study of global IT Services Outsourcing market

TABLE 55. List of primary sources, used in the study of global IT Services Outsourcing market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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