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Market Research Report
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1076425

IT Professional Services Market Size, Share & Trends Analysis Report By Type (Project-oriented Services, ITO Services, IT Support & Training Services), By Deployment, By End Use, By Region, and Segment Forecasts, 2022 - 2030

Published: | Grand View Research, Inc. | 150 Pages | Delivery time: 2-10 business days

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IT Professional Services Market Size, Share & Trends Analysis Report By Type (Project-oriented Services, ITO Services, IT Support & Training Services), By Deployment, By End Use, By Region, and Segment Forecasts, 2022 - 2030
Published: April 14, 2022
Grand View Research, Inc.
Content info: 150 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents
  • List of Tables

IT Professional Services Market Growth & Trends

The global IT professional services market size is expected to reach USD 1921.33 billion by 2030, registering a CAGR of 11.2% over the forecast period, according to a recent report by Grand View Research, Inc. This is due to the rise in the demand for technology consulting services integrated with the rapidly growing cloud services. IT professional services offer specialized knowledge about an organization's niche areas of interest, such as accounting, marketing, law, and talent acquisition, among others. Advantages such as reduced capital expenditure and increased operational efficiencies are pushing enterprises across several industries to gain an advantage through the implementation of IT professional services.

In addition to above, these services also help reduce IT infrastructure costs and associated labor costs, thus, enhancing the overall capital expenditure. Benefits such as ease of deployment, reduced risk, and high security are adding value to these services and propelling the demand further. Another crucial factor responsible for the growth of IT professional services is cloud computing; it allows IT, professional service providers, to extend their geographical reach to offer scalable and on-demand support to their clients. Amongst the end users, technology, marketing, and consulting firms have emerged as the largest adopters of IT professional services.

IT professional services have evolved, offering new business models such as Managed Security Service Provider (MSSP), Storage Service Provider (SSP), cloud service provider, managed service provider, and system integrator. The ability to outsource critical functionalities such as big data analytics, business intelligence, and diverse talent acquisition at a reduced cost is necessitating the use of these services. The market outlook remains positive for the forecast period due to multiple benefits it can offer to firms, such as risk management, standardized working methods, continuous expert support, and faster time to market.

IT Professional Services Market Report Highlights

The ITO service segment is anticipated to grow with the fastest CAGR of 12.0% over the forecast period. Large organizations are increasingly opting for IT support & training services to acquaint their employees with the latest technologies and reduce the training time by using a single platform across the organization. Moreover, other firms are also outsourcing IT services for regular updates and maintenance of their IT systems.

The cloud segment accounts for the largest market share of over 65% in 2021. The ease of deployment, scalability and reduced costs of implementation are some prominent factors fueling the growth of this segment. Additionally, the COVID-19 pandemic has forced majority of businesses to utilize cloud services due to lockdowns imposed in most parts of the world.

The technology companies segment registered the largest market share of over 40% in 2021. The high demand for automation, business intelligence, and Technology as a Service (TaaS) has triggered the growth of this segment. Moreover, the technology keeps evolving; hence to lessen the burden on in-house IT teams, many firms are relying on IT professional services.

Asia Pacific is anticipated to register the highest CAGR of 12.6% over the forecast period. The rapid increase in the number of Small & Medium Enterprises (SMEs) and startups across the region is focusing on implementing new-generation technologies and services to sustain in the market. Also, economies such as China and India have emerged as the hub for IT companies which drives the growth even further.

Product Code: GVR-2-68038-762-9

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1 Research Methodology
  • 1.2 Research Scope and Assumptions
    • 1.2.1 Purchased Database
    • 1.2.2 GVR'S Internal Database
    • 1.2.3 List of Secondary Sources
    • 1.2.4 Primary Research
  • 1.3 List of Data Sources
  • 1.4 Market Formulation & Publishing
  • 1.5 Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1 IT Professional Services Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
  • 2.2 Global IT Professional Services Market, 2017 - 2030 (USD Billion)
    • 2.2.1 Global IT professional services market, By Region, 2017 - 2030 (USD Billion)
    • 2.2.2 Global IT professional services market, By Type, 2017 - 2030 (USD Billion)
    • 2.2.3 Global IT professional services market, By Deployment, 2017 - 2030 (USD Billion)
    • 2.2.4 Global IT professional services market, By End Use, 2017 - 2030 (USD Billion)

Chapter 3. IT Professional Services Market: Industry Outlook

  • 3.1 Market Segmentation & Scope
  • 3.2 Market Size and Growth Prospects
  • 3.3 IT Professional Services - Value Chain Analysis
  • 3.4 IT Professional Services Market Dynamics
    • 3.4.1 Market driver analysis
    • 3.4.2 Market restraint analysis
  • 3.5 Penetration and Growth Prospect Mapping
  • 3.6 IT Professional Services Market - Porter's Five Forces Analysis
  • 3.7 IT Professional Services Market - PESTEL Analysis

Chapter 4. IT Professional Services Market: Type Segment Analysis

  • 4.1 IT Professional Services Market: By Type Segment Outlook & Market Share, 2021 and 2030
  • 4.2 Project-oriented Services
    • 4.2.1 IT professional project-oriented services market, by region, 2017 - 2030 (USD Billion)
  • 4.3 ITO Services
    • 4.3.1 IT professional ITO services market, by region, 2017 - 2030 (USD Billion)
  • 4.4 IT Support & Training Services
    • 4.4.1 IT professional support & training services market, by region, 2017 - 2030 (USD Billion)
  • 4.5 Enterprise Cloud Computing Services
    • 4.5.1 IT professional enterprise cloud computing services market, by region, 2017 - 2030 (USD Billion)

Chapter 5. IT Professional Services Market: Deployment Segment Analysis

  • 5.1 IT Professional Services Market: By Deployment Segment Outlook & Market Share, 2021 and 2030
  • 5.2 On-premise
    • 5.2.1 On-premise IT professional services market, by region, 2017 - 2030 (USD Billion)
  • 5.3 Cloud
    • 5.3.1 Cloud IT professional services market, by region, 2017 - 2030 (USD Billion)

Chapter 6. IT Professional Services Market: End-Use Segment Analysis

  • 6.1 IT Professional Services Market: By End-Use Outlook & Market Share, 2021 and 2030
  • 6.2 Technology Companies
    • 6.2.1 IT professional services in technology companies, by region, 2017 - 2030 (USD Billion)
  • 6.3 Consulting Companies
    • 6.3.1 IT professional services in consulting companies, by region, 2017 - 2030 (USD Billion)
  • 6.4 Marketing & Communication Companies
    • 6.4.1 IT professional services in marketing & communication companies, by region, 2017 - 2030 (USD Billion)
  • 6.5 Others
    • 6.5.1 IT professional services in other end use, by region, 2017 - 2030 (USD Billion)

Chapter 7. IT Professional Services Market: Region Segment Analysis

  • 7.1 IT Professional Services Market: By Region Outlook & Market Share, 2021 and 2030
  • 7.2 North America
    • 7.2.1 North America IT professional services market, 2017 - 2030 (USB Billion)
    • 7.2.2 North America IT professional services market, by type, 2017 - 2030 (USB Billion)
    • 7.2.3 North America IT professional services market, by deployment, 2017 - 2030 (USB Billion)
    • 7.2.4 North America IT professional services market, by end use, 2017 - 2030 (USB Billion)
    • 7.2.5 U.S.
      • 7.2.5.1 U.S. IT professional services market, 2017 - 2030 (USD Billion)
      • 7.2.5.2 U.S. IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.2.5.3 U.S. IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.2.5.4 U.S. IT professional services market, by end use, 2017 - 2030 (USD Billion)
    • 7.2.6 Canada
      • 7.2.6.1 Canada IT professional services market, 2017 - 2030 (USD Billion)
      • 7.2.6.2 Canada IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.2.6.3 Canada IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.2.6.4 Canada IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • 7.3 Europe
    • 7.3.1 Europe IT professional services market, 2017 - 2030 (USB Billion)
    • 7.3.2 Europe IT professional services market, by type, 2017 - 2030 (USB Billion)
    • 7.3.3 Europe IT professional services market, by deployment, 2017 - 2030 (USB Billion)
    • 7.3.4 Europe IT professional services market, by end use, 2017 - 2030 (USB Billion)
    • 7.3.5 Germany
      • 7.3.5.1 Germany IT professional services market, 2017 - 2030 (USD Billion)
      • 7.3.5.2 Germany IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.3.5.3 Germany IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.3.5.4 Germany IT professional services market, by end use, 2017 - 2030 (USD Billion)
    • 7.3.6 U.K.
      • 7.3.6.1 U.K. IT professional services market, 2017 - 2030 (USD Billion)
      • 7.3.6.2 U.K. IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.3.6.3 U.K. IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.3.6.4 U.K. IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • 7.4 Asia Pacific
    • 7.4.1 Asia Pacific IT professional services market, 2017 - 2030 (USB Billion)
    • 7.4.2 Asia Pacific IT professional services market, by type, 2017 - 2030 (USB Billion)
    • 7.4.3 Asia Pacific IT professional services market, by deployment, 2017 - 2030 (USB Billion)
    • 7.4.4 Asia Pacific IT professional services market, by end use, 2017 - 2030 (USB Billion)
    • 7.4.5 China
      • 7.4.5.1 China IT professional services market, 2017 - 2030 (USD Billion)
      • 7.4.5.2 China IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.4.5.3 China IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.4.5.4 China IT professional services market, by end use, 2017 - 2030 (USD Billion)
    • 7.4.6 India
      • 7.4.6.1 India IT professional services market, 2017 - 2030 (USD Billion)
      • 7.4.6.2 India IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.4.6.3 India IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.4.6.4 India IT professional services market, by end use, 2017 - 2030 (USD Billion)
    • 7.4.7 Japan
      • 7.4.7.1 Japan IT professional services market, 2017 - 2030 (USD Billion)
      • 7.4.7.2 Japan IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.4.7.3 Japan IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.4.7.4 Japan IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • 7.5 Latin America
    • 7.5.1 Latin America IT professional services market, 2017 - 2030 (USB Billion)
    • 7.5.2 Latin America IT professional services market, by type, 2017 - 2030 (USB Billion)
    • 7.5.3 Latin America IT professional services market, by deployment, 2017 - 2030 (USB Billion)
    • 7.5.4 Latin America IT professional services market, by end use, 2017 - 2030 (USB Billion)
    • 7.5.5 Brazil
      • 7.5.5.1 Brazil IT professional services market, 2017 - 2030 (USD Billion)
      • 7.5.5.2 Brazil IT professional services market, by type, 2017 - 2030 (USD Billion)
      • 7.5.5.3 Brazil IT professional services market, by deployment, 2017 - 2030 (USD Billion)
      • 7.5.5.4 Brazil IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • 7.6 MEA
    • 7.6.1 MEA IT professional services market, 2017 - 2030 (USB Billion)
    • 7.6.2 MEA IT professional services market, by type, 2017 - 2030 (USB Billion)
    • 7.6.3 MEA IT professional services market, by deployment, 2017 - 2030 (USB Billion)
    • 7.6.4 MEA IT professional services market, by end use, 2017 - 2030 (USB Billion)

Chapter 8. Competitive Analysis

  • 8.1 Recent Developments and Impact Analysis, by Key Market Participants
  • 8.2 Company/Competition Categorization
  • 8.3 Vendor Landscape
    • 8.3.1 IT professional services Market: Key Company Market Ranking/Share Analysis, 2021

Chapter 9. Competitive Landscape

  • 9.1 Accenture
    • 9.1.1 Company overview
    • 9.1.2 Financial performance
    • 9.1.3 Product benchmarking
    • 9.1.4 Strategic initiatives
  • 9.2 Datto, Inc.
    • 9.2.1 Company overview
    • 9.2.2 Financial performance
    • 9.2.3 Product benchmarking
    • 9.2.4 Strategic initiatives
  • 9.3 Capgemini
    • 9.3.1 Company overview
    • 9.3.2 Financial performance
    • 9.3.3 Product benchmarking
    • 9.3.4 Strategic initiatives
  • 9.4 DXC Technology Company
    • 9.4.1 Company overview
    • 9.4.2 Financial performance
    • 9.4.3 Product benchmarking
    • 9.4.4 Strategic initiatives
  • 9.5 Fujitsu
    • 9.5.1 Company overview
    • 9.5.2 Financial performance
    • 9.5.3 Product benchmarking
    • 9.5.4 Strategic initiatives
  • 9.6 Hewlett Packard Enterprise Development LP
    • 9.6.1 Company overview
    • 9.6.2 Financial performance
    • 9.6.3 Product benchmarking
    • 9.6.4 Strategic initiatives
  • 9.7 International Business Machines Corporation
    • 9.7.1 Company overview
    • 9.7.2 Financial performance
    • 9.7.3 Product benchmarking
    • 9.7.4 Strategic initiatives
  • 9.8 Microsoft Corporation
    • 9.8.1 Company overview
    • 9.8.2 Financial performance
    • 9.8.3 Product benchmarking
    • 9.8.4 Strategic initiatives
  • 9.9 Oracle Corporation
    • 9.9.1 Company overview
    • 9.9.2 Financial performance
    • 9.9.3 Product benchmarking
    • 9.9.4 Strategic initiatives
  • 9.10 VMware, Inc.
    • 9.10.1 Company overview
    • 9.10.2 Financial performance
    • 9.10.3 Product benchmarking
    • 9.10.4 Strategic initiatives

List of Tables

  • TABLE 1 IT professional services market - Industry snapshot & key buying criteria, 2017 - 2030
  • TABLE 2 Global IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 3 Global IT professional services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 4 Global IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 5 Global IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 6 Global IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 7 IT professional services market - Key market driver impact
  • TABLE 8 IT professional services market - Key market restraint impact
  • TABLE 9 IT professional project-oriented services market, 2017 - 2030 (USD Billion)
  • TABLE 10 IT professional project-oriented services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 11 IT professional ITO services market, 2017 - 2030 (USD Billion)
  • TABLE 12 IT professional ITO services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 13 IT professional support & training services market, 2017 - 2030 (USD Billion)
  • TABLE 15 IT professional support & training services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 16 IT professional enterprise cloud computing services market, 2017 - 2030 (USD Billion)
  • TABLE 17 IT professional enterprise cloud computing services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 18 On-premise IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 19 On-premise IT professional services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 20 Cloud IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 21 Cloud IT professional services market, by region, 2017 - 2030 (USD Billion)
  • TABLE 22 IT professional services in technology companies, 2017 - 2030 (USD Billion)
  • TABLE 23 IT professional services in technology companies, by region, 2017 - 2030 (USD Billion)
  • TABLE 24 IT professional services in consulting companies, 2017 - 2030 (USD Billion)
  • TABLE 25 IT professional services in consulting companies, by region, 2017 - 2030 (USD Billion)
  • TABLE 26 IT professional services in marketing & communication companies, 2017 - 2030 (USD Billion)
  • TABLE 27 IT professional services in marketing & communication companies, by region, 2017 - 2030 (USD Billion)
  • TABLE 28 IT professional services in other end use, 2017 - 2030 (USD Billion)
  • TABLE 29 IT professional services in other end use, by region, 2017 - 2030 (USD Billion)
  • TABLE 30 North America IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 31 North America IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 32 North America IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 33 North America IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 34 U.S. IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 35 U.S. IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 36 U.S. IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 37 U.S. IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 38 Canada IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 39 Canada IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 40 Canada IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 41 Canada IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 42 Europe IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 43 Europe IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 44 Europe IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 45 Europe IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 46 Germany IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 47 Germany IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 48 Germany IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 49 Germany IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 50 U.K. IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 51 U.K. IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 52 U.K. IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 53 U.K. IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 54 Asia Pacific IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 55 Asia Pacific IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 56 Asia Pacific IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 57 Asia Pacific IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 58 China IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 59 China IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 60 China IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 61 China IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 62 India IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 63 India IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 64 India IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 65 India IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 66 Japan IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 67 Japan IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 68 Japan IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 69 Japan IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 70 Latin America IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 71 Latin America IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 72 Latin America IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 73 Latin America IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 74 Brazil IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 75 Brazil IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 76 Brazil IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 77 Brazil IT professional services market, by end use, 2017 - 2030 (USD Billion)
  • TABLE 78 MEA IT professional services market, 2017 - 2030 (USD Billion)
  • TABLE 79 MEA IT professional services market, by type, 2017 - 2030 (USD Billion)
  • TABLE 80 MEA IT professional services market, by deployment, 2017 - 2030 (USD Billion)
  • TABLE 81 MEA IT professional services market, by end use, 2017 - 2030 (USD Billion)

List of Figures

  • FIG. 1 Market segmentation & scope
  • FIG. 2 Global IT professional services market, 2017 - 2030 (USD Billion)
  • FIG. 3 IT professional services - Value chain analysis
  • FIG. 4 IT professional services - Market dynamics
  • FIG. 5 Key opportunities prioritized
  • FIG. 6 IT professional services market - Porter's five forces analysis
  • FIG. 7 IT professional services - Company market share/ranking analysis, 2021
  • FIG. 8 IT professional services market - PESTEL analysis
  • FIG. 9 IT professional services market: by type segment outlook & market share, 2021 and 2030
  • FIG. 10 IT professional services market: by deployment segment outlook & market share, 2021 and 2030
  • FIG. 11 IT professional services market: by end-use segment outlook & market share, 2021 and 2030
  • FIG. 12 IT professional services market: by region segment outlook & market share, 2021 and 2030
  • FIG. 13 IT professional services market - Regional takeaways
  • FIG. 14 North America IT professional services market - Key takeaways
  • FIG. 15 Europe IT professional services market - Key takeaways
  • FIG. 16 Asia Pacific IT professional services market - Key takeaways
  • FIG. 17 Latin America IT professional services market - Key takeaways
  • FIG. 18 MEA IT professional services market - Key takeaways