PUBLISHER: TechNavio | PRODUCT CODE: 1769482
PUBLISHER: TechNavio | PRODUCT CODE: 1769482
The it outsourcing market is forecasted to grow by USD 139.1 mn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the it outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to optimize business processes, need to adhere to regulatory guidelines and ensure compliance, and rising popularity of soa.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.3% |
CAGR | 4.6% |
Incremental Value | $139.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's it outsourcing market is segmented as below:
By Type
By Service
By End-user
By Geographical Landscape
This study identifies the rise in integration of application outsourcing as one of the prime reasons driving the it outsourcing market growth during the next few years. Also, growing digital transformation in organizations and growing shifts from capex model to opex model will lead to sizable demand in the market.
The report on the it outsourcing market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading it outsourcing market vendors that include Accenture PLC, Acora Ltd, Amdocs Ltd., Atos SE, Capgemini Service SAS, CGI Inc., Cognizant Technology Solutions Corp., Fujitsu Ltd., Genpact Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., ITC infotech India Ltd., L and T Technology Services Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., Unisys Corp., and Wipro Ltd.. Also, the it outsourcing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: