Global IT Outsourcing Global Market Report 2024

IT Outsourcing Global Market Report 2024 – By Service (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), By Deployment (Public Cloud, Private Cloud), By Organization Size (Small And Medium Enterprises, Large Enterprises), By End-User (Banking, Financial Services And Insurance (BFSI), Healthcare, Media And Telecommunication, Retail And E-Commerce, Manufacturing, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033

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IT Outsourcing Global Market Report 2023

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Description Table Of Contents Tables & Figures Market Insights Related Reports

It Outsourcing Market Definition And Segments

IT outsourcing refers to the utilization of third-party service providers to supply IT-enabled business processes, application services, and infrastructure solutions for business results. It allows clients to build the finest sourcing strategy and vision, choose the most suitable IT service providers, structure the best contracts possible, and govern arrangements for long-term win-win collaborations with external suppliers.

The services involved in IT outsourcing are software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS). SaaS is a software distribution in which a cloud provider hosts programs and makes them available to end customers through the internet. The various organizations involved are small and medium enterprises and large enterprises, which are deployed on public cloud and private cloud. It is used by banking, financial services and insurance (BFSI), healthcare, media and telecommunication, retail and e-commerce, manufacturing, and others.

The it outsourcing market covered in this report is segmented –

1) By Service: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)

2) By Deployment: Public Cloud, Private Cloud

3) By Organization Size: Small And Medium Enterprises, Large Enterprises

4) By End-User: Banking, Financial Services And Insurance (BFSI), Healthcare, Media And Telecommunication, Retail And E-Commerce, Manufacturing, Other End-Users

The it outsourcing market size has grown strongly in recent years. It will grow from $122.93 billion in 2023 to $129.13 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to cost reduction and efficiency, globalization and offshoring trends, focus on core competencies, scalability and flexibility, regulatory compliance and risk mitigation, access to specialized skills.

The IT outsourcing market size is expected to see strong growth in the next few years. It will grow to $171.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to remote work and virtualization, data privacy and compliance, AI and automation integration, agile development practices, focus on customer experience. Major trends in the forecast period include rising demand for it services, need for cost savings, growing complexity of it systems, digital transformation, cloud computing, cybersecurity.

Cloud-Powered Surge Is Driving The Next Wave Of Growth In The It Outsourcing Market

The growing adoption of cloud services is expected to propel the growth of the IT outsourcing market going forward. Cloud services combines computation, storage, and network infrastructure to enable rapid application creation and dynamic scaling. IT Outsourcing has grown increasingly prevalent as it allows access to larger global markets. These IT outsourcing functionalities ensures scalability, easier access to subject matter experts, lower costs and to focus resources on core business development. For instance, in January 2023, according to the 2022 State of DevOps Report published by Google, a US-based technology company, in 2022, 26% of users reported using numerous public clouds, up from 21% in 2021. The utilization of hybrid clouds increased from 25% to 42.5%. Therefore, the growing adoption of cloud computing is driving the growth of the IT consulting market.

It Outsourcing Market Thrives On Surging Retail And E-Commerce Demand

The increasing demand in the retail and e-commerce industry is expected to propel the growth of the IT outsourcing market going forward. The retail industry encompasses businesses involved in the sale of goods or services directly to end consumers for personal use. E-commerce refers to the buying and selling of goods and services over the Internet. Outsourcing IT services in the retail and e-commerce industry increases operational efficiency and cost-effectiveness, provides access to skilled expertise, enhances scalability, flexibility, and adaptability, and can lead to faster development cycles for software and applications, reducing time-to-market for new products or features in the e-commerce space. For instance, in September 2023, according to census.gov, a US-based official website for collecting and disseminating demographic and economic data, retail trade sales increased by 0.6% (0.5) from July 2023 and by 1.6 % (0.5) from 2022. Furthermore, in August 2023, according to the United States Census Bureau, a US-based government agency, when compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 increased by 7.5% (or 1.4%), while overall retail sales increased by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores. Therefore, the increasing demand in the retail and e-commerce industry is driving the growth of the IT outsourcing market.

Major companies operating in the it outsourcing market report are International Business Machines Corporation, Accenture PLC, NTT Corporation, Capgemini SE, Dell Technologies Inc., Fujitsu Limited, BMC Software Inc., Hewlett Packard Enterprise Company, Broadcom Inc., DXC Technologies, Infosys Limited, Tata Consultancy Services Ltd., Cognizant Technology Solutions Corporation, Wipro Limited, Red Hat Inc., VMware Inc., Adaptive Computing Enterprises Inc., Amadeus IT Group SA, Andela Inc., Atos SE, CGI Inc., EPAM Systems Inc., Genpact Limited, GlobalLogic Inc., Happiest Minds Technologies Limited, HCL Technologies Ltd., Hexaware Technologies Limited, Intetics Inc., Larsen & Toubro Infotech Limited, Mindfire Solutions, LTIMindtree Limited, Mphasis Limited, NIIT Technologies Limited, Pointwest Technologies, PSL Corp., Softura Inc., Tech Mahindra Limited, Virtusa Corporation, WNS Global Services .

Ai Services Is A Game-Changer In The It Outsourcing Landscape

Technological advancement are a key trend gaining popularity in the IT outsourcing market. Major companies operating in the IT outsourcing market are focused on developing innovative solutions to strengthen their position in the market. For instance, in November 2021, Oracle Corporation, a US-based computer technology corporation, launched Oracle Cloud Infrastructure (OCI) AI services, a set of services designed to make it easier for developers to incorporate AI into their applications without having data science knowledge. It includes OCI language, OCI speech, OCI vision, OCI anomaly detection, OCI forecasting, and OCI data labeling. The uniqueness of this product is that all of these services are at the core of Oracle AI, a set of artificial intelligence, machine learning, and data science capabilities that includes Oracle Digital Assistant, as well as OCI Data Science and Oracle Database Machine Learning, which are used for developing, maintaining, and delivering models based on machine learning.

Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers

Major companies operating in the IT outsourcing market are focusing on innovative products, such as security management outsourcing service, to drive revenues in their market. Security management outsourcing service is a contracting service with a third-party supplier to manage different facets of an organization’s security requirements. For instance, in July 2023, NTT Data Corporation a Japan-based IT services company, launched a security management outsourcing service called Managed Detection and Response (MDR). Managed detection and response (MDR) service reduces incident damage and prevents occurrences altogether. The service is rendered by highly skilled security engineers who possess more than twenty years of experience in handling incidents, within the context of the company's computer security incident response team (CSIRT). This strategic action is a response to the evolving corporate environment, where complex cyberattack defense is becoming more and more difficult due to elements such as remote work, diverse supplier chains, and quick AI development.  

Grant Thornton International Ltd. Strengthens Position In Professional Services With Strategic Acquisition Of It Omega

In June 2023, Grant Thornton International Ltd. a UK-based umbrella organization acquired IT Omega for an undisclosed amount. With this acquisition, Grant Thornton aims to offer its clients managed detection and response (MDR) services and comprehensive security management services and help them identify, respond to, and recover from incidents quickly, thereby fostering a more secure global digital business environment. IT Omega Is a Switzerland-based provider of IT outsourcing services.

North America was the largest region in the IT outsourcing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the IT outsourcing market report during the forecast period. The regions covered in the it outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the it outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The IT outsourcing market includes revenues earned by entities by providing utility services and cloud-enabled outsourcing services, offshoring, onshoring, and nearshoring services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The IT outsourcing market research report is one of a series of new reports from The Business Research Company that provides IT outsourcing market statistics, including the IT outsourcing industry global market size, regional shares, competitors with IT outsourcing market share, detailed IT outsourcing market segments, market trends, and opportunities, and any further data you may need to thrive in the IT outsourcing industry. This IT outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

IT Outsourcing Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $129.13 billion
Revenue Forecast In 2033 $171.5 billion
Growth Rate CAGR of 7.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Service: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)
2) By Deployment: Public Cloud, Private Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End-User: Banking, Financial Services And Insurance (BFSI), Healthcare, Media And Telecommunication, Retail And E-Commerce, Manufacturing, Other End-Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled International Business Machines Corporation; Accenture plc; NTT Corporation; Capgemini SE; Dell Technologies Inc.; Fujitsu Limited; BMC Software Inc.; Hewlett Packard Enterprise Company; Broadcom Inc.; DXC Technologies; Infosys Limited; Tata Consultancy Services Ltd.; Cognizant Technology Solutions Corporation; Wipro Limited; Red Hat Inc.; VMware Inc.; Adaptive Computing Enterprises Inc.; Amadeus IT Group SA; Andela Inc.; Atos SE; CGI Inc.; EPAM Systems Inc.; Genpact Limited; GlobalLogic Inc.; Happiest Minds Technologies Limited; HCL Technologies Ltd.; Hexaware Technologies Limited; Intetics Inc.; Larsen & Toubro Infotech Limited; Mindfire Solutions; LTIMindtree Limited; Mphasis Limited; NIIT Technologies Limited; Pointwest Technologies; PSL Corp.; Softura Inc.; Tech Mahindra Limited; Virtusa Corporation; WNS Global Services
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    Table Of Contents

    1. Executive Summary

    2. IT Outsourcing Market Characteristics

    3. IT Outsourcing Market Trends And Strategies

    4. IT Outsourcing Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global IT Outsourcing Market Size and Growth

    5.1. Global IT Outsourcing Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global IT Outsourcing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global IT Outsourcing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. IT Outsourcing Market Segmentation

    6.1. Global IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Software as a Service (SaaS)

    Platform as a Service (PaaS)

    Infrastructure as a Service (IaaS)

    6.2. Global IT Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Public Cloud

    Private Cloud

    6.3. Global IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Small And Medium Enterprises

    Large Enterprises

    6.4. Global IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Banking, Financial Services And Insurance (BFSI)

    Healthcare

    Media And Telecommunication

    Retail And E-Commerce

    Manufacturing

    Other End-Users

    7. IT Outsourcing Market Regional And Country Analysis

    7.1. Global IT Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global IT Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific IT Outsourcing Market  

    8.1. Asia-Pacific IT Outsourcing Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China IT Outsourcing Market  

    9.1. China IT Outsourcing Market Overview  

    9.2. China IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India IT Outsourcing Market  

    10.1. India IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan IT Outsourcing Market  

    11.1. Japan IT Outsourcing Market Overview  

    11.2. Japan IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia IT Outsourcing Market  

    12.1. Australia IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia IT Outsourcing Market  

    13.1. Indonesia IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea IT Outsourcing Market  

    14.1. South Korea IT Outsourcing Market Overview  

    14.2. South Korea IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe IT Outsourcing Market  

    15.1. Western Europe IT Outsourcing Market Overview

    15.2. Western Europe IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK IT Outsourcing Market  

    16.1. UK IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany IT Outsourcing Market  

    17.1. Germany IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France IT Outsourcing Market  

    18.5. France IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy IT Outsourcing Market  

    19.9. Italy IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain IT Outsourcing Market  

    20.13. Spain IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe IT Outsourcing Market  

    21.1. Eastern Europe IT Outsourcing Market Overview

    21.2. Eastern Europe IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia IT Outsourcing Market  

    22.1. Russia IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America IT Outsourcing Market  

    23.1. North America IT Outsourcing Market Overview

    23.2. North America IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA IT Outsourcing Market  

    24.1. USA IT Outsourcing Market Overview

    24.2. USA IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada IT Outsourcing Market  

    25.1. Canada IT Outsourcing Market Overview

    25.2. Canada IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America IT Outsourcing Market  

    26.1. South America IT Outsourcing Market Overview

    26.2. South America IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil IT Outsourcing Market  

    27.1. Brazil IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East IT Outsourcing Market  

    28.1. Middle East IT Outsourcing Market Overview

    28.2. Middle East IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa IT Outsourcing Market  

    29.1. Africa IT Outsourcing Market Overview

    29.2. Africa IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. IT Outsourcing Market Competitive Landscape And Company Profiles

    30.1. IT Outsourcing Market Competitive Landscape

    30.2. IT Outsourcing Market Company Profiles

    30.2.1. International Business Machines Corporation

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Accenture plc

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. NTT Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Capgemini SE

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Dell Technologies Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global IT Outsourcing Market Competitive Benchmarking

    32. Global IT Outsourcing Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The IT Outsourcing Market

    34. IT Outsourcing Market Future Outlook and Potential Analysis

    34.1 IT Outsourcing Market In 2028 - Countries Offering Most New Opportunities

    34.2 IT Outsourcing Market In 2028 - Segments Offering Most New Opportunities

    34.3 IT Outsourcing Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global IT Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global IT Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global IT Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: International Business Machines Corporation Financial Performance
  • Table 76: Accenture plc Financial Performance
  • Table 77: NTT Corporation Financial Performance
  • Table 78: Capgemini SE Financial Performance
  • Table 79: Dell Technologies Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global IT Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global IT Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global IT Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, IT Outsourcing Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, IT Outsourcing Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, IT Outsourcing Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: International Business Machines Corporation Financial Performance
  • Figure 76: Accenture plc Financial Performance
  • Figure 77: NTT Corporation Financial Performance
  • Figure 78: Capgemini SE Financial Performance
  • Figure 79: Dell Technologies Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the IT outsourcing market?

IT outsourcing refers to the utilization of third-party service providers to supply IT-enabled business processes, application services, and infrastructure solutions for business results. It allows clients to build the finest sourcing strategy and vision, choose the most suitable IT service providers, structure the best contracts possible, and govern arrangements for long-term win-win collaborations with external suppliers. For further insights on the IT outsourcing market, request a sample here

How will the IT outsourcing market drivers and restraints affect the IT outsourcing market dynamics? What forces will shape the IT outsourcing industry going forward?

The IT outsourcing market major growth driver - cloud-powered surge is driving the next wave of growth in the IT outsourcing market. For further insights on the IT outsourcing market, request a sample here

What is the forecast market size or the forecast market value of the IT outsourcing market ?

The IT outsourcing market size has grown strongly in recent years. It will grow from $122.93 billion in 2023 to $129.13 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to cost reduction and efficiency, globalization and offshoring trends, focus on core competencies, scalability and flexibility, regulatory compliance and risk mitigation, access to specialized skills. The IT outsourcing market size is expected to see strong growth in the next few years. It will grow to $171.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to remote work and virtualization, data privacy and compliance, ai and automation integration, agile development practices, focus on customer experience. Major trends in the forecast period include rising demand for it services, need for cost savings, growing complexity of it systems, digital transformation, cloud computing, cybersecurity. For further insights on the IT outsourcing market, request a sample here

How is the IT outsourcing market segmented?

The IT outsourcing market is segmented
1) By Service: Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)
2) By Deployment: Public Cloud, Private Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By End-User: Banking, Financial Services And Insurance (BFSI), Healthcare, Media And Telecommunication, Retail And E-Commerce, Manufacturing, Other End-UsersFor further insights on the IT outsourcing market, request a sample here

Which region has the largest share of the IT outsourcing market? What are the other regions covered in the report?

North America was the largest region in the IT outsourcing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the IT outsourcing market report during the forecast period. The regions covered in the IT outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the IT outsourcing market, request a sample here.

Who are the major players in the IT outsourcing market?

Major companies operating in the IT outsourcing market report are International Business Machines Corporation, Accenture plc, NTT Corporation, Capgemini SE, Dell Technologies Inc., Fujitsu Limited, BMC Software Inc., Hewlett Packard Enterprise Company, Broadcom Inc., DXC Technologies, Infosys Limited, Tata Consultancy Services Ltd., Cognizant Technology Solutions Corporation, Wipro Limited, Red Hat Inc., VMware Inc., Adaptive Computing Enterprises Inc., Amadeus IT Group SA, Andela Inc., Atos SE, CGI Inc., EPAM Systems Inc., Genpact Limited, GlobalLogic Inc., Happiest Minds Technologies Limited, HCL Technologies Ltd., Hexaware Technologies Limited, Intetics Inc., Larsen & Toubro Infotech Limited, Mindfire Solutions, LTIMindtree Limited, Mphasis Limited, NIIT Technologies Limited, Pointwest Technologies, PSL Corp., Softura Inc., Tech Mahindra Limited, Virtusa Corporation, WNS Global Services . For further insights on the IT outsourcing market, request a sample here.

What are the key trends in the IT outsourcing market?

Major trend in the IT outsourcing market - ai services is a game-changer in the IT outsourcing landscape. For further insights on the IT outsourcing market, request a sample here.

What are the major opportunities in the IT outsourcing market? What are the strategies for the IT outsourcing market?

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How does the IT outsourcing market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the IT outsourcing industry?

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What are the key dynamics influencing the IT outsourcing market growth? SWOT analysis of the IT outsourcing market.

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