The Business Research Company’s IT Professional Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The IT Professional Services Global Market Report 2023 evaluates it professional services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global IT professional services market size is expected to grow from $774.16 billion in 2022 to $847.62 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global IT professional services market is expected to grow to $1,222.98 billion in 2027 at a CAGR of 9.6%.
The increasing demand for digital upgrades for businesses is expected to propel the growth of the IT professional services market going forward. The digital upgrade is either buying a new platform or updating old systems to deal with technological issues. Digital upgrades typically save staff time, decrease system downtime, and enhance end-user experiences. For instance, in 2021, according to PTC, an American computer software and services company, more than 52% of companies will have completed digital transformations or are in the process of doing so. Therefore, the increasing demand for digital upgrades for businesses will drive the growth of the IT professional services market.
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The it professional services market segments in the report are:
1) By ype: Project-Oriented Services, ITO Services, IT Support And Training Services, Enterprise Cloud Computing Services
2) By Deployment: On-Premise, Cloud
3) By End-Use: Technology Companies, Consulting Companies, Marketing And Communication Companies, Other End-Users
The table of contents in TBRC’s it professional services market report includes:
1. Executive Summary
2. IT Professional Services Market Characteristics
3. IT Professional Services Market Trends And Strategies
4. IT Professional Services Market – Macro Economic Scenario
5. IT Professional Services Market Size And Growth
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26. Africa IT Professional Services Market
27. IT Professional Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IT Professional Services Market
29. IT Professional Services Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Accenture plc
- Capgemini SE
- International Business Machines Corporation
- DXC Technology Company
- Fujitsu Limited
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