Global It Services Outsourcing Market Size & Outlook
Global it services outsourcing market, 2016-2028 (US$M)
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Global it services outsourcing market highlights
- The global it services outsourcing market generated a revenue of USD 607,890.0 million in 2021 and is expected to reach USD 1,060,480.0 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 8.3% by 2028.
- In terms of segment, application services accounted for a revenue of USD 123,154.8 million in 2021.
- Emerging technology services is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 607,890.0 million |
| Market revenue in 2028 | USD 1,060,480.0 million |
| Growth rate | 8.3% (CAGR from 2021 to 2028) |
| Largest segment | Application services |
| Fastest growing segment | Emerging technology services |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Application services, Emerging technology services, Data center operations, Helpdesk services, Infrastructure capacity services, Managed security operations, Network operations |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global it services outsourcing market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 265,456.1 million by 2028.
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IT Services Outsourcing Market Scope
IT Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global it services outsourcing 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 outsourcing market will help companies and investors design strategic landscapes.
Application services was the largest segment with a revenue share of 20.26% in 2021. Horizon Databook has segmented the Global it services outsourcing market based on application services, emerging technology services, data center operations, helpdesk services, infrastructure capacity services, managed security operations, network operations covering the revenue growth of each sub-segment from 2016 to 2028.
- Global IT Services Outsourcing Service Outlook (Revenue, USD Million, 2016-2028)
- Application services
- Emerging technology services
- Data center operations
- Helpdesk services
- Infrastructure capacity services
- Managed security operations
- Network operations
- Others
- Global IT Services Outsourcing Location Outlook (Revenue, USD Million, 2016-2028)
- On-shore
- Off-shore
- Global IT Services Outsourcing End Use Outlook (Revenue, USD Million, 2016-2028)
- Aerospace & Defense
- BFSI
- Healthcare
- Retail & e-commerce
- Telecom & media
- Others
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Target buyers of Global it services outsourcing market databook
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Our clientele includes a mix of it services outsourcing 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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Horizon Databook provides a detailed overview of global-level data and insights on the Global it services outsourcing market , including forecasts for subscribers. This global databook contains high-level insights into Global it services outsourcing market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global it services outsourcing market size, by regions, 2016-2028 (US$M)
Top 10 countries: It services outsourcing market size, 2021 (US$M)
Global it services outsourcing market share, by service, 2021 & 2028 (%, US$M)
It services outsourcing market: Opportunity assessment by country
Global it services outsourcing market, by region, 2021 (US$M)
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