IT Consulting Industry Market Research & Statistics

 
  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
0 vote
Share

Global IT Consulting Industry

 

The IT consulting and related services industry witnessed 5% growth in 2011, reaching almost $542 billion. The market maintained yearly growth in excess of 3% between 2007 and 2011, reports MarketLine. Integration and development services represented the leading segment in 2011, generating almost $263 billion and accounting for close to half of overall market value.

 

IT consulting industry performance is expected to accelerate to a yearly rate of almost 4% between 2011 and 2016, bringing the market to almost $653 billion.

 

An ever-increasing number of companies avail of consultant services for strategic planning projects to boost competitiveness. IT consulting outfits provide management solutions for technical projects as well as can help with testing and writing custom software, managing computer systems, and designing integrated software, hardware and communications infrastructure.

 


Certain software companies have ventured into the consulting realm to meet the growing demand for implementation, design and management of IT-based business information processes.

 

Trends

 

Technological innovation, such as cloud computing, provides new opportunities for the global IT consulting industry. Companies eager to benefit from the cost effectiveness of cloud services are investing more and more in this sector. Adoption of virtualization across developing and established markets has also accelerated, reports Global Industry Analysts.

 

Virtualization consulting involves pre-sales consulting and integration, and is forecast to record rising demand. Companies without the time or expertise to make the necessary transition to these new technologies can hire the services of consulting companies to remain competitive.


 

 

Market Segments

 

  • The world system integration market is forecast to record 6% yearly growth between 2011 and 2015, according to research from TechNavio. Enterprise software demand is one of the main contributors to growth in this industry. The widespread adoption of integrated IT infrastructure has been driving the IT market worldwide. Obstacles to growth in this sector include uneven economic recovery and falling IT spending.

 


 

Regional Market Share

 

Major spending on IT services is expected to come from Australia, China and India, predicts Global Industry Analysts. India’s consulting sector’s initial focus was on cost arbitrage, and Western nations opted to take advantage of Indian IT services as a low-cost consulting services alternative. The country’s IT consultants are now consulted for their expertise, innovation and scalability. T

 

India’s IT consulting market holds strong potential, offering a range of services, including data center managements, capacity planning and other consulting services. China represents the main competitor for India’s IT consulting sector. With the emergence of several leading IT consulting companies in China, the country has become a serious contender, offering services of a similar quality to India’s providers.

 

 

Industry Players

 

Leading players currently operating in the global IT consulting industry include Ernst & Young, Mahindra Satyam, Accenture, Oracle, Deloitte Touche Tohmatsu, Getronics, IBM, Tata Consultancy Services, CGI Group, Capgemini, HP, Dell, KPMG, Indra, Atos Origin, McKinley Consulting, Wirpo Technologies and Unisys.

 

 

Market Outlook

 

Demand for IT consulting services remained unperturbed during the economic recession as companies continue to benefit from these services in a bid to survive the more difficult economic env


 ironment. While IT consulting demand continued, its driving force changed due to the recession, with other factors playing a greater role in demand such as off shoring, globalization, rising natural demand, the marked advantages of the offshore labor market, and a lack of expertise in established markets, reports Global Industry Analysts.

The global business and IT consulting service sector is expected to record yearly growth in excess of 6% between 2011 and 2014, according to research from TechNavio. Industry performance is currently driven in large part by widespread adoption of green IT consulting. Social networking has also contributed to growth in the global business and IT consulting service market.

 

 

Leading Industry Associations

 

 

ReportLinker.com offers immediate download access to top market reports & statistics on the It Consulting Industry from trusted sources.
1-10 of 69 reports

It Consulting Market Revenue in the US

  • January 2013
    10 pages
  • United States  

View report >

It Consulting Analysis in India

  • January 2014
    12 pages
  • India  

View report >

It Consulting Industry in China Forecast

  • January 2013
    13 pages
  • It Consulting  

    Clean Vehicle  

    Automotive  

  • China  

    United States  

    Japan  

View report >

It Consulting Supply in South Africa

  • January 2013
    19 pages
  • It Consulting  

    Itc  

  • South Africa  

    Angola  

    Africa  

View report >

It Consulting Analysis in Poland Forecast

  • January 2015
    7 pages
  • Poland  

    Europe  

View report >

Itc Industry in Africa

  • April 2014
    163 pages
  • Fruit  

    Grape  

    Apple  

  • Africa  

    South Africa  

    Angola  

View report >

Itc Industry

  • January 2014
    8 pages
  • Itc  

  • Ivory Coast co  

    Malawi  

    United States  

View report >

It Consulting Industry in Oman Forecast

  • January 2014
    6 pages
  • It Consulting  

  • Oman  

View report >

Global Itc Market

  • May 2013
    2 pages
  • Itc  

  • World  

    Africa  

View report >

Itc Industry in India

  • April 2013
    4 pages
  • Itc  

  • India  

View report >

Search in It Consulting Industry (69 reports)
Topics under IT Consulting

Parent industry:  It Services

Related industries: IT Hosting, IT Outsourcing, Software and Consulting, Solution Integration, Telecommunication Services

About 2 800 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 6 000)

Investment Analysis of the European Medical Device Sector : Late-stage Startups Drive Investor Activity

Investment Analysis of the European Medical Device Sector : Late-stage Startups Drive Investor Activity

  • $ 6 000
  • Industry report
  • February 2015
  • by Frost & Sullivan

Executive Summary Trends Affecting Investments in the Medical Device Sector Many healthcare trends could significantly affect the European medical device sector. The increasing elderly population, growing ...

Human Resources & Personnel Management Consulting Lines ...

February 2015 $ 4 609

Marketing Consulting Service Lines World Report

February 2015 $ 4 609

Human Resources & Personnel Management Consulting Lines ...

February 2015 $ 2 969

Marketing Consulting Service Lines Europe Report

February 2015 $ 2 969

Human Resources & Personnel Management Consulting Lines ...

February 2015 $ 2 969

Marketing Consulting Service Lines Middle East Report

February 2015 $ 2 969

Human Resources & Personnel Management Consulting Lines ...

February 2015 $ 2 969

Marketing Consulting Service Lines Oceania Report

February 2015 $ 2 969

Human Resources & Personnel Management Consulting Lines ...

February 2015 $ 2 969


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.