Global It Services Market Size & Outlook, 2025-2030
Global it services market, 2017-2030 (US$M)
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Global it services market highlights
- The global it services market generated a revenue of USD 1,500,020.9 million in 2024 and is expected to reach USD 2,591,070.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.4% by 2030.
- In terms of segment, reactive it services accounted for a revenue of USD 853,688.7 million in 2024.
- Proactive IT Services is the most lucrative approach segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,500,020.9 million |
| Market revenue in 2030 | USD 2,591,070.2 million |
| Growth rate | 9.4% (CAGR from 2025 to 2030) |
| Largest segment | Reactive it services |
| Fastest growing segment | Proactive IT Services |
| Historical data covered | 2017 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reactive IT Services, Proactive IT Services |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global it services market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 160,799.2 million by 2030.
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IT Services Market Scope
IT Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| DXC Technology Co Registered Shs When Issued | View profile | 130000 | 20408 Bashan Drive, Suite 231, Ashburn, VA, United States, 20147 | https://www.dxc.technology |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Fortinet Inc | View profile | 13522 | 909 Kifer Road, Sunnyvale, CA, United States, 94086 | https://www.fortinet.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Global it services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to it services market will help companies and investors design strategic landscapes.
Reactive it services was the largest segment with a revenue share of 56.91% in 2024. Horizon Databook has segmented the Global it services market based on reactive it services, proactive it services covering the revenue growth of each sub-segment from 2017 to 2030.
Cloud-based services offer expedited turnaround times (TAT), prompting businesses worldwide to adopt them for their cost-effective approach to IT expenditure. With governments making substantial investments in the IT industry, the demand for IT support services has soared. One key reason for the widespread popularity of cloud services is their superior data security compared to on-site servers.
Cloud storage ensures data integrity and remains impervious to physical threats like theft or building damage. Numerous corporate enterprises have expressed positive experiences with cloud computing's security as it reduces human mistakes. Additionally, cloud computing safeguards the private data of multiple companies.
In today's competitive landscape, companies seek efficient ways to enhance productivity, efficiency, and overall performance, and cloud technology serves as a flexible solution for expansion. The advent of the public cloud has significantly revolutionized businesses & IT strategies with many firms embracing the as-a-service model for cloud software and infrastructure.
Reasons to subscribe to Global it services market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global it services market databook
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Our clientele includes a mix of it services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global it services market , including forecasts for subscribers. This global databook contains high-level insights into Global it services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global it services market size, by regions, 2017-2030 (US$M)
Top 10 countries: It services market size, 2024 (US$M)
Global it services market share, by approach, 2024 & 2030 (%, US$M)
It services market: Opportunity assessment by country
Global it services market, by region, 2024 (US$M)
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