Market Research Report
G8 Countries IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026
|G8 Countries IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026|
Published: March 17, 2022
Content info: 217 Pages
Delivery time: 1-2 business days
The G8 IT Services industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
The G8 countries contributed $714.5 billion in 2021 to the global it services industry, with a compound annual growth rate (CAGR) of 10% between 2017 and 2021. The G8 countries are expected to reach a value of $1,001.0 billion in 2026, with a CAGR of 7% over the 2021-26 period.
Among the G8 nations, the US is the leading country in the it services industry, with market revenues of $370.2 billion in 2021. This was followed by Japan and Germany, with a value of $85.5 and $74.6 billion, respectively.
The US is expected to lead the it services industry in the G8 nations with a value of $529.4 billion in 2016, followed by Japan and Germany with expected values of $116.8 and $101.7 billion, respectively.