
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.
Highlights
The global IT Outsourcing market was valued at US$ 361890 million in 2022 and is anticipated to reach US$ 414300 million by 2029, witnessing a CAGR of 2.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for IT Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Outsourcing.
The IT Outsourcing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global IT Outsourcing market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IT Outsourcing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Accenture
HCL Technologies
HPE
IBM
TCS
Oracle
Cognizant
Infosys
CapGemini
NTT Data
Sodexo
ACS
ISS
Segment by Type
Infrastructure Outsourcing
Application Outsourcing
Segment by Application
Government
BFSI
Telecommunications
Manufacturing
Healthcare
Retail
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IT Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IT Outsourcing Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Infrastructure Outsourcing
1.2.3 Application Outsourcing
1.3 Market by Application
1.3.1 Global IT Outsourcing Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Government
1.3.3 BFSI
1.3.4 Telecommunications
1.3.5 Manufacturing
1.3.6 Healthcare
1.3.7 Retail
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IT Outsourcing Market Perspective (2018-2029)
2.2 IT Outsourcing Growth Trends by Region
2.2.1 Global IT Outsourcing Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 IT Outsourcing Historic Market Size by Region (2018-2023)
2.2.3 IT Outsourcing Forecasted Market Size by Region (2024-2029)
2.3 IT Outsourcing Market Dynamics
2.3.1 IT Outsourcing Industry Trends
2.3.2 IT Outsourcing Market Drivers
2.3.3 IT Outsourcing Market Challenges
2.3.4 IT Outsourcing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IT Outsourcing Players by Revenue
3.1.1 Global Top IT Outsourcing Players by Revenue (2018-2023)
3.1.2 Global IT Outsourcing Revenue Market Share by Players (2018-2023)
3.2 Global IT Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IT Outsourcing Revenue
3.4 Global IT Outsourcing Market Concentration Ratio
3.4.1 Global IT Outsourcing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IT Outsourcing Revenue in 2022
3.5 IT Outsourcing Key Players Head office and Area Served
3.6 Key Players IT Outsourcing Product Solution and Service
3.7 Date of Enter into IT Outsourcing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IT Outsourcing Breakdown Data by Type
4.1 Global IT Outsourcing Historic Market Size by Type (2018-2023)
4.2 Global IT Outsourcing Forecasted Market Size by Type (2024-2029)
5 IT Outsourcing Breakdown Data by Application
5.1 Global IT Outsourcing Historic Market Size by Application (2018-2023)
5.2 Global IT Outsourcing Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America IT Outsourcing Market Size (2018-2029)
6.2 North America IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America IT Outsourcing Market Size by Country (2018-2023)
6.4 North America IT Outsourcing Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IT Outsourcing Market Size (2018-2029)
7.2 Europe IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe IT Outsourcing Market Size by Country (2018-2023)
7.4 Europe IT Outsourcing Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IT Outsourcing Market Size (2018-2029)
8.2 Asia-Pacific IT Outsourcing Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific IT Outsourcing Market Size by Region (2018-2023)
8.4 Asia-Pacific IT Outsourcing Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IT Outsourcing Market Size (2018-2029)
9.2 Latin America IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America IT Outsourcing Market Size by Country (2018-2023)
9.4 Latin America IT Outsourcing Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IT Outsourcing Market Size (2018-2029)
10.2 Middle East & Africa IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa IT Outsourcing Market Size by Country (2018-2023)
10.4 Middle East & Africa IT Outsourcing Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Detail
11.1.2 Accenture Business Overview
11.1.3 Accenture IT Outsourcing Introduction
11.1.4 Accenture Revenue in IT Outsourcing Business (2018-2023)
11.1.5 Accenture Recent Development
11.2 HCL Technologies
11.2.1 HCL Technologies Company Detail
11.2.2 HCL Technologies Business Overview
11.2.3 HCL Technologies IT Outsourcing Introduction
11.2.4 HCL Technologies Revenue in IT Outsourcing Business (2018-2023)
11.2.5 HCL Technologies Recent Development
11.3 HPE
11.3.1 HPE Company Detail
11.3.2 HPE Business Overview
11.3.3 HPE IT Outsourcing Introduction
11.3.4 HPE Revenue in IT Outsourcing Business (2018-2023)
11.3.5 HPE Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM IT Outsourcing Introduction
11.4.4 IBM Revenue in IT Outsourcing Business (2018-2023)
11.4.5 IBM Recent Development
11.5 TCS
11.5.1 TCS Company Detail
11.5.2 TCS Business Overview
11.5.3 TCS IT Outsourcing Introduction
11.5.4 TCS Revenue in IT Outsourcing Business (2018-2023)
11.5.5 TCS Recent Development
11.6 Oracle
11.6.1 Oracle Company Detail
11.6.2 Oracle Business Overview
11.6.3 Oracle IT Outsourcing Introduction
11.6.4 Oracle Revenue in IT Outsourcing Business (2018-2023)
11.6.5 Oracle Recent Development
11.7 Cognizant
11.7.1 Cognizant Company Detail
11.7.2 Cognizant Business Overview
11.7.3 Cognizant IT Outsourcing Introduction
11.7.4 Cognizant Revenue in IT Outsourcing Business (2018-2023)
11.7.5 Cognizant Recent Development
11.8 Infosys
11.8.1 Infosys Company Detail
11.8.2 Infosys Business Overview
11.8.3 Infosys IT Outsourcing Introduction
11.8.4 Infosys Revenue in IT Outsourcing Business (2018-2023)
11.8.5 Infosys Recent Development
11.9 CapGemini
11.9.1 CapGemini Company Detail
11.9.2 CapGemini Business Overview
11.9.3 CapGemini IT Outsourcing Introduction
11.9.4 CapGemini Revenue in IT Outsourcing Business (2018-2023)
11.9.5 CapGemini Recent Development
11.10 NTT Data
11.10.1 NTT Data Company Detail
11.10.2 NTT Data Business Overview
11.10.3 NTT Data IT Outsourcing Introduction
11.10.4 NTT Data Revenue in IT Outsourcing Business (2018-2023)
11.10.5 NTT Data Recent Development
11.11 Sodexo
11.11.1 Sodexo Company Detail
11.11.2 Sodexo Business Overview
11.11.3 Sodexo IT Outsourcing Introduction
11.11.4 Sodexo Revenue in IT Outsourcing Business (2018-2023)
11.11.5 Sodexo Recent Development
11.12 ACS
11.12.1 ACS Company Detail
11.12.2 ACS Business Overview
11.12.3 ACS IT Outsourcing Introduction
11.12.4 ACS Revenue in IT Outsourcing Business (2018-2023)
11.12.5 ACS Recent Development
11.13 ISS
11.13.1 ISS Company Detail
11.13.2 ISS Business Overview
11.13.3 ISS IT Outsourcing Introduction
11.13.4 ISS Revenue in IT Outsourcing Business (2018-2023)
11.13.5 ISS 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
Accenture
HCL Technologies
HPE
IBM
TCS
Oracle
Cognizant
Infosys
CapGemini
NTT Data
Sodexo
ACS
ISS
Ìý
Ìý
*If Applicable.
