Global IT Outsourcing Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI12248896

Publication Date:

December 13, 2024

Pages:

105

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global IT Outsourcing market size was valued at US$ 345160 million in 2023. With growing demand in downstream market, the IT Outsourcing is forecast to a readjusted size of US$ 406520 million by 2030 with a CAGR of 2.4% during review period.
The research report highlights the growth potential of the global IT Outsourcing market. IT Outsourcing are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of IT Outsourcing. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the IT Outsourcing market.
IT outsourcing is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in reference to business process outsourcing or BPO, which is the outsourcing of the work that does not require much of technical skills.
The reasons for IT outsourcing include lack of resources and cost reduction. IT outsourcing is sometimes called IT enabled Services (ITES) outsourcing. The typical destinations of overseas IT outsourcing are India and Philippines for the American and European companies and China and Vietnam for the Japanese companies. A combination of high overhead in the United States and strong cultural ties between the domestic and Asian information technology industries have led many companies to outsource labor-intensive software programming to Asia and Eastern Europe.
Key Features:
The report on IT Outsourcing market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the IT Outsourcing market. It may include historical data, market segmentation by Type (e.g., Infrastructure Outsourcing, Application Outsourcing), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the IT Outsourcing market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the IT Outsourcing market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the IT Outsourcing industry. This include advancements in IT Outsourcing technology, IT Outsourcing new entrants, IT Outsourcing new investment, and other innovations that are shaping the future of IT Outsourcing.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the IT Outsourcing market. It includes factors influencing customer ' purchasing decisions, preferences for IT Outsourcing product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the IT Outsourcing market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting IT Outsourcing market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the IT Outsourcing market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the IT Outsourcing industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the IT Outsourcing market.
Market Segmentation:
IT Outsourcing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Infrastructure Outsourcing
Application Outsourcing
Segmentation by application
Government
BFSI
Telecommunications
Manufacturing
Healthcare
Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accenture
HCL Technologies
HPE
IBM
TCS
Oracle
Cognizant
Infosys
CapGemini
NTT Data
Sodexo
ACS
ISS

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global IT Outsourcing Market Size 2019-2030
2.1.2 IT Outsourcing Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 IT Outsourcing Segment by Type
2.2.1 Infrastructure Outsourcing
2.2.2 Application Outsourcing
2.3 IT Outsourcing Market Size by Type
2.3.1 IT Outsourcing Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global IT Outsourcing Market Size Market Share by Type (2019-2024)
2.4 IT Outsourcing Segment by Application
2.4.1 Government
2.4.2 BFSI
2.4.3 Telecommunications
2.4.4 Manufacturing
2.4.5 Healthcare
2.4.6 Retail
2.4.7 Others
2.5 IT Outsourcing Market Size by Application
2.5.1 IT Outsourcing Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global IT Outsourcing Market Size Market Share by Application (2019-2024)
3 IT Outsourcing Market Size by Player
3.1 IT Outsourcing Market Size Market Share by Players
3.1.1 Global IT Outsourcing Revenue by Players (2019-2024)
3.1.2 Global IT Outsourcing Revenue Market Share by Players (2019-2024)
3.2 Global IT Outsourcing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 IT Outsourcing by Regions
4.1 IT Outsourcing Market Size by Regions (2019-2024)
4.2 Americas IT Outsourcing Market Size Growth (2019-2024)
4.3 APAC IT Outsourcing Market Size Growth (2019-2024)
4.4 Europe IT Outsourcing Market Size Growth (2019-2024)
4.5 Middle East & Africa IT Outsourcing Market Size Growth (2019-2024)
5 Americas
5.1 Americas IT Outsourcing Market Size by Country (2019-2024)
5.2 Americas IT Outsourcing Market Size by Type (2019-2024)
5.3 Americas IT Outsourcing Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC IT Outsourcing Market Size by Region (2019-2024)
6.2 APAC IT Outsourcing Market Size by Type (2019-2024)
6.3 APAC IT Outsourcing Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe IT Outsourcing by Country (2019-2024)
7.2 Europe IT Outsourcing Market Size by Type (2019-2024)
7.3 Europe IT Outsourcing Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa IT Outsourcing by Region (2019-2024)
8.2 Middle East & Africa IT Outsourcing Market Size by Type (2019-2024)
8.3 Middle East & Africa IT Outsourcing Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global IT Outsourcing Market Forecast
10.1 Global IT Outsourcing Forecast by Regions (2025-2030)
10.1.1 Global IT Outsourcing Forecast by Regions (2025-2030)
10.1.2 Americas IT Outsourcing Forecast
10.1.3 APAC IT Outsourcing Forecast
10.1.4 Europe IT Outsourcing Forecast
10.1.5 Middle East & Africa IT Outsourcing Forecast
10.2 Americas IT Outsourcing Forecast by Country (2025-2030)
10.2.1 United States IT Outsourcing Market Forecast
10.2.2 Canada IT Outsourcing Market Forecast
10.2.3 Mexico IT Outsourcing Market Forecast
10.2.4 Brazil IT Outsourcing Market Forecast
10.3 APAC IT Outsourcing Forecast by Region (2025-2030)
10.3.1 China IT Outsourcing Market Forecast
10.3.2 Japan IT Outsourcing Market Forecast
10.3.3 Korea IT Outsourcing Market Forecast
10.3.4 Southeast Asia IT Outsourcing Market Forecast
10.3.5 India IT Outsourcing Market Forecast
10.3.6 Australia IT Outsourcing Market Forecast
10.4 Europe IT Outsourcing Forecast by Country (2025-2030)
10.4.1 Germany IT Outsourcing Market Forecast
10.4.2 France IT Outsourcing Market Forecast
10.4.3 UK IT Outsourcing Market Forecast
10.4.4 Italy IT Outsourcing Market Forecast
10.4.5 Russia IT Outsourcing Market Forecast
10.5 Middle East & Africa IT Outsourcing Forecast by Region (2025-2030)
10.5.1 Egypt IT Outsourcing Market Forecast
10.5.2 South Africa IT Outsourcing Market Forecast
10.5.3 Israel IT Outsourcing Market Forecast
10.5.4 Turkey IT Outsourcing Market Forecast
10.5.5 GCC Countries IT Outsourcing Market Forecast
10.6 Global IT Outsourcing Forecast by Type (2025-2030)
10.7 Global IT Outsourcing Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Accenture
11.1.1 Accenture Company Information
11.1.2 Accenture IT Outsourcing Product Offered
11.1.3 Accenture IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Accenture Main Business Overview
11.1.5 Accenture Latest Developments
11.2 HCL Technologies
11.2.1 HCL Technologies Company Information
11.2.2 HCL Technologies IT Outsourcing Product Offered
11.2.3 HCL Technologies IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 HCL Technologies Main Business Overview
11.2.5 HCL Technologies Latest Developments
11.3 HPE
11.3.1 HPE Company Information
11.3.2 HPE IT Outsourcing Product Offered
11.3.3 HPE IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 HPE Main Business Overview
11.3.5 HPE Latest Developments
11.4 IBM
11.4.1 IBM Company Information
11.4.2 IBM IT Outsourcing Product Offered
11.4.3 IBM IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 IBM Main Business Overview
11.4.5 IBM Latest Developments
11.5 TCS
11.5.1 TCS Company Information
11.5.2 TCS IT Outsourcing Product Offered
11.5.3 TCS IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 TCS Main Business Overview
11.5.5 TCS Latest Developments
11.6 Oracle
11.6.1 Oracle Company Information
11.6.2 Oracle IT Outsourcing Product Offered
11.6.3 Oracle IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Oracle Main Business Overview
11.6.5 Oracle Latest Developments
11.7 Cognizant
11.7.1 Cognizant Company Information
11.7.2 Cognizant IT Outsourcing Product Offered
11.7.3 Cognizant IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Cognizant Main Business Overview
11.7.5 Cognizant Latest Developments
11.8 Infosys
11.8.1 Infosys Company Information
11.8.2 Infosys IT Outsourcing Product Offered
11.8.3 Infosys IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Infosys Main Business Overview
11.8.5 Infosys Latest Developments
11.9 CapGemini
11.9.1 CapGemini Company Information
11.9.2 CapGemini IT Outsourcing Product Offered
11.9.3 CapGemini IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 CapGemini Main Business Overview
11.9.5 CapGemini Latest Developments
11.10 NTT Data
11.10.1 NTT Data Company Information
11.10.2 NTT Data IT Outsourcing Product Offered
11.10.3 NTT Data IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 NTT Data Main Business Overview
11.10.5 NTT Data Latest Developments
11.11 Sodexo
11.11.1 Sodexo Company Information
11.11.2 Sodexo IT Outsourcing Product Offered
11.11.3 Sodexo IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Sodexo Main Business Overview
11.11.5 Sodexo Latest Developments
11.12 ACS
11.12.1 ACS Company Information
11.12.2 ACS IT Outsourcing Product Offered
11.12.3 ACS IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 ACS Main Business Overview
11.12.5 ACS Latest Developments
11.13 ISS
11.13.1 ISS Company Information
11.13.2 ISS IT Outsourcing Product Offered
11.13.3 ISS IT Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 ISS Main Business Overview
11.13.5 ISS Latest Developments
12 Research Findings and Conclusion

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