1. Market Research
  2. > IT Services

Business of Information Technology: Get Market Research and Figures

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
37 votes

Global IT Services Industry

The world software and services market exceeded $2.35 trillion in 2010, according to research from MarketLine. Market growth is expected to slow to just over 7% yearly until 2015 to reach almost $3.31 trillion. Within the overall industry, IT services make up the leading market segment, and reached almost $1.12 trillion in 2010 for nearly 48% of overall industry value.

On its own, the world IT services industry is expected to record yearly growth of 4% between 2010 and 2014, reports TechNavio. Market growth is driven by rising numbers of smaller IT consulting outfits. Cloud computing is also driving market expansion as a prime service delivery channel.

Key Market Segments

The world IT consulting and related services industry reached almost $516 billion in 2010, reports MarketLine. The market recorded yearly growth of almost 4% between 2006 and 2010. Market expansion is expected to slow to a yearly rate of just over 2.5% until 2015 to reach close to $588 billion. Integration and development services represent the leading segment, exceeding $254 billion in 2010 to account for close to 50% of overall market value.

The world cloud computing services industry is expected to reach $127 billion in 2017, reports Global Industry Analysts. The IT hosting market is being fuelled by cloud strategy use across small and medium-sized businesses, enterprise mobility and business continuity. Cloud computing is being increasingly adopted by companies in the recovery phase following the economic recession. Companies yet to adopt cloud computing will likely follow suit as other enterprises make the shift from virtual machines to cloud.

The world infrastructure-as-a-service industry is forecast to record 28% yearly growth between 2010 and 2014, reports TechNavio. Market growth is fuelled by organizational IT service spending cutbacks and updating security softwares instead of buying new ones. Unease regarding data security in the context of cloud computing represents the main obstacle to market growth. Key players operating in this market include CenturyLink-Savvis, Rackspace, Verizon-Terremark and Amazon EC2.

The world IT integration market is expected to reach almost $340 billion in 2017, according to Global Industry Analysts. Market growth will be fuelled by the optimization and consolidation of applications in the business sector, demand for integrated IT solutions and an increasingly layered IT framework. The market is set to witness increasing enterprise application software systems demand.

The global IT outsourcing market continues to record strong growth. The world data center infrastructure management software market is expected to expand by more than 30% between 2010 and 2014, reports TechNavio. Obstacles to this market include the option of open source infrastructure management software. Key market players include iTRACS, Vigilent, Software, Sentilla and Power Assure.

The European, Middle East and Africa data center outsourcing market is expected to record yearly growth of over 11% between 2010 and 2014, reports TechNavio. Market growth will be boosted by spending cutbacks in data center solutions and rising demand for green data center establishments. Data security will be of vital importance moving forward, and could hinder market growth. Leading names operating in the market include IBM, T-Systems, Computer Science Corporation and Hewlett-Packard.

The world enterprise server virtualization industry is forecast to exceed 30% yearly growth between 2010 and 2014, according to research from TechNavio. Market expansion is being fuelled by tightening server infrastructure budgets. Key players operating in the global enterprise server virtualization market include Citrix Systems, VMware and Microsoft.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 6 200 reports

Global Telecommunication Services Markets

  • June 2015
    89 pages
  • Telecommunicati  

  • United States  

    World  

    Europe  

View report >

Internet Service Provider Markets in the US

  • April 2016
    15 pages
  • Internet Servic  

  • United States  

View report >

Telecommunication Services Industry in Europe Forecast

  • February 2016
    78 pages
  • Broadcasting  

  • Europe  

    World  

View report >

IT Services Industry in Asia Forecast

  • November 2014
    13 pages
  • IT Services  

  • Asia  

    Vietnam  

    Australia  

View report >

IT Services Industry in South Korea and Japan

  • January 2014
    39 pages
  • South Korea  

    Japan  

View report >

Telecommunication Services Industry in France

  • January 2014
    21 pages
  • Telecommunicati  

  • France  

    Europe  

View report >

IT Services Industry in Europe and Germany

  • May 2014
    14 pages
  • IT Services  

    IT Services  

  • Europe  

    Germany  

View report >

Internet Service Provider Industry in the UK

  • November 2015
    5 pages
  • Internet Servic  

  • United Kingdom  

View report >

Telecommunication Services Industry in Canada

  • February 2016
    9 pages
  • Telecommunicati  

  • Canada  

View report >

IT Services Industry in India

  • March 2016
    27 pages
  • IT Services  

  • India  

    World  

    United States  

View report >


About 11 000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 42 438)

The Connected Consumer Survey 2016: mobile services and devices in the Middle East and North Africa

The Connected Consumer Survey 2016: mobile services and devices in the Middle East and North Africa

  • $ 42 438
  • Industry report
  • March 2016
  • by Analysys Mason

This report focuses on aspects of Analysys Mason's 'Connected Consumer Survey' that relate to the behaviour, preferences and plans of mobile users in the Middle East and North Africa region. ...

The Fttx In Emerging Asia–pacific: Trends And Forecas ...

February 2016 $ 42 405

Global Ucc Industry Outlook 

February 2016 $ 10 000

Asia-pacific Enterprise Telephony Market H1 2015 Tracke ...

February 2016 $ 10 000

Western Europe Mobile Worker Forecast, 2015-2020

February 2016 $ 10 000

The North America Telecoms Market: Interim Forecast Upd ...

April 2016 $ 7 999

The Fixed Services In Developed Asia–pacific: Trends ...

April 2016 $ 7 999

The Latin America Telecoms Market: Interim Forecast Upd ...

April 2016 $ 7 999

The Developed Asia–pacific Telecoms Market: Interim F ...

March 2016 $ 7 999

The Fixed Services In Emerging Asia–pacific: Trends A ...

March 2016 $ 7 999

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.