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Information Technology Services Global Market Briefing Report 2017

Information Technology Services Global Market Briefing Report 2017

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Description

The Information Technology Services Global Market Briefing Report from The Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.

The market characteristics section of the report defines and explains the market.

The market size section gives the information technology services market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.

The trends and strategies section highlights the likely future developments in the information technology services market and suggests approaches.

Reasons to Purchase

• Get up to date information available on the information technology services market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.

Scope

Markets Covered: Hardware Support Services, Software and BPO Services and Cloud Services
Companies Mentioned: IBM, Fujitsu, Accenture , HP,TCS, NTT Data, Oracle, CapGemini, CSC, SAP
Geographic scope: Americas, Europe, Asia, Middle East and Africa, Oceania.
Time series: Five years historic and forecast.
Data: Market value in $ billions.

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Table of Contents
Information Technology Services Market Characteristics 4
Information Technology Services Market Historic Growth 5
Drivers of the Market 6
Restraints on the Market 6
Information Technology Services Market Forecast 8
Drivers of the Market 9
Restraints on the Market 9
Information Technology Services Market Segmentation 11
Global Information Technology Services Market, Split By Segments, 2016, $ Billion 11
Hardware Support Services 12
Software and BPO Services 12
Cloud Services 12
Global Information Technology Services Market, Historic and Forecast, Split By Segment, 2012-2020 13
Cloud Services 13
Software and BPO Services 13
Hardware Support Services 13
Information Technology Services Market Geography Split 14
Global Information Technology Services Markets Size, Split By Region, 2016 14
Global Information Technology Services Market, Historic and Forecast Growth, By Region, 2012-2020 16
Information Technology Services Market Competitors 17
International Business Machines Corporation (IBM) 18
Fujitsu Ltd. 19
Accenture 20
HP 20
Tata Consultancy Services 21
Information Technology Services Market Key Mergers and Acquisitions 23
Information Technology Services Market Trends and Strategies 25
Cloud/Software as a Service (Saas) 25
Increase in Mergers and Acquisitions 25
Data Analytics 25
Software Artificial Intelligence (AI) and Automation 25
Virtualization 26
Appendix 27
Research Methodology 27
Abbreviations 27
Currencies 27
Research Inquiries 27
The Business Research Company 27
Executive Summary
IT services companies’ customers include organizations in manufacturing, telecoms, FMCG (fast moving consumer goods), aerospace and government that want to optimize their use of their technological resources and data. Individual consumers also make use of information technology services.
The global it services market is expected to exceed $1000 billion in 2020. Digital advertising is said to be one of many reasons influencing this market positively. Digital advertising is soon projected to overtake traditional forms of advertising including print, television, radio, movies, and outdoor. As consumer viewing continues to move away from traditional networks towards digital alternatives, advertisers are turning to digital advertising to reach desired demographic segments. Against this background, global digital advertisement spending is expected to reach over $250 billion by 2018. Mobile internet advertising is another growing source fueled by increasing use of smart phones. Spending in 2018 is estimated to reach $247 per mobile internet user in the USA compared to $66 in 2013.
The top five competitors in the market made up 24% of the total market share in 2016. IBM was the largest competitor with more than 7% of the market, followed by Fujitsu, Accenture, HP, and TCS. There has been an exponential growth in the usage of AI technology by companies operating in automobile, e–commerce and manufacturing industries. Since AI can detect human motions they are being used to detect customer satisfaction levels and they are being used for voice and facial recognition. Many major companies such as Facebook, Google and Airbnb are also open sourcing AI libraries to startups, indicating democratization of AI solutions.
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