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IT outsourcing is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in reference to business process outsourcing or BPO, which is the outsourcing of the work that does not require much of technical skills.
Global IT Outsourcing market is projected to reach US$ 414300 million in 2029, increasing from US$ 352830 million in 2022, with the CAGR of 2.3% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole IT Outsourcing market research.
The reasons for IT outsourcing include lack of resources and cost reduction. IT outsourcing is sometimes called IT enabled Services (ITES) outsourcing. The typical destinations of overseas IT outsourcing are India and Philippines for the American and European companies and China and Vietnam for the Japanese companies. A combination of high overhead in the United States and strong cultural ties between the domestic and Asian information technology industries have led many companies to outsource labor-intensive software programming to Asia and Eastern Europe.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global IT Outsourcing market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company (Partial List)
- Accenture
- HCL Technologies
- HPE
- IBM
- TCS
- Oracle
- Cognizant
- Infosys
- CapGemini
- NTT Data
- Sodexo
- ACS
- ISS
Segment by Type
- Infrastructure Outsourcing
- Application Outsourcing
Segment by Application
- Government
- BFSI
- Telecommunications
- Manufacturing
- Healthcare
- Retail
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
The IT Outsourcing report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies' Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IT Outsourcing Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Infrastructure Outsourcing
1.2.3 Application Outsourcing
1.3 Market by Application
1.3.1 Global IT Outsourcing Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Government
1.3.3 BFSI
1.3.4 Telecommunications
1.3.5 Manufacturing
1.3.6 Healthcare
1.3.7 Retail
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IT Outsourcing Market Perspective (2018-2029)
2.2 IT Outsourcing Growth Trends by Region
2.2.1 Global IT Outsourcing Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 IT Outsourcing Historic Market Size by Region (2018-2023)
2.2.3 IT Outsourcing Forecasted Market Size by Region (2024-2029)
2.3 IT Outsourcing Market Dynamics
2.3.1 IT Outsourcing Industry Trends
2.3.2 IT Outsourcing Market Drivers
2.3.3 IT Outsourcing Market Challenges
2.3.4 IT Outsourcing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IT Outsourcing Players by Revenue
3.1.1 Global Top IT Outsourcing Players by Revenue (2018-2023)
3.1.2 Global IT Outsourcing Revenue Market Share by Players (2018-2023)
3.2 Global IT Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IT Outsourcing Revenue
3.4 Global IT Outsourcing Market Concentration Ratio
3.4.1 Global IT Outsourcing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IT Outsourcing Revenue in 2022
3.5 IT Outsourcing Key Players Head office and Area Served
3.6 Key Players IT Outsourcing Product Solution and Service
3.7 Date of Enter into IT Outsourcing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IT Outsourcing Breakdown Data by Type
4.1 Global IT Outsourcing Historic Market Size by Type (2018-2023)
4.2 Global IT Outsourcing Forecasted Market Size by Type (2024-2029)
5 IT Outsourcing Breakdown Data by Application
5.1 Global IT Outsourcing Historic Market Size by Application (2018-2023)
5.2 Global IT Outsourcing Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America IT Outsourcing Market Size (2018-2029)
6.2 North America IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America IT Outsourcing Market Size by Country (2018-2023)
6.4 North America IT Outsourcing Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IT Outsourcing Market Size (2018-2029)
7.2 Europe IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe IT Outsourcing Market Size by Country (2018-2023)
7.4 Europe IT Outsourcing Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IT Outsourcing Market Size (2018-2029)
8.2 Asia-Pacific IT Outsourcing Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific IT Outsourcing Market Size by Region (2018-2023)
8.4 Asia-Pacific IT Outsourcing Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IT Outsourcing Market Size (2018-2029)
9.2 Latin America IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America IT Outsourcing Market Size by Country (2018-2023)
9.4 Latin America IT Outsourcing Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IT Outsourcing Market Size (2018-2029)
10.2 Middle East & Africa IT Outsourcing Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa IT Outsourcing Market Size by Country (2018-2023)
10.4 Middle East & Africa IT Outsourcing Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Detail
11.1.2 Accenture Business Overview
11.1.3 Accenture IT Outsourcing Introduction
11.1.4 Accenture Revenue in IT Outsourcing Business (2018-2023)
11.1.5 Accenture Recent Development
11.2 HCL Technologies
11.2.1 HCL Technologies Company Detail
11.2.2 HCL Technologies Business Overview
11.2.3 HCL Technologies IT Outsourcing Introduction
11.2.4 HCL Technologies Revenue in IT Outsourcing Business (2018-2023)
11.2.5 HCL Technologies Recent Development
11.3 HPE
11.3.1 HPE Company Detail
11.3.2 HPE Business Overview
11.3.3 HPE IT Outsourcing Introduction
11.3.4 HPE Revenue in IT Outsourcing Business (2018-2023)
11.3.5 HPE Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM IT Outsourcing Introduction
11.4.4 IBM Revenue in IT Outsourcing Business (2018-2023)
11.4.5 IBM Recent Development
11.5 TCS
11.5.1 TCS Company Detail
11.5.2 TCS Business Overview
11.5.3 TCS IT Outsourcing Introduction
11.5.4 TCS Revenue in IT Outsourcing Business (2018-2023)
11.5.5 TCS Recent Development
11.6 Oracle
11.6.1 Oracle Company Detail
11.6.2 Oracle Business Overview
11.6.3 Oracle IT Outsourcing Introduction
11.6.4 Oracle Revenue in IT Outsourcing Business (2018-2023)
11.6.5 Oracle Recent Development
11.7 Cognizant
11.7.1 Cognizant Company Detail
11.7.2 Cognizant Business Overview
11.7.3 Cognizant IT Outsourcing Introduction
11.7.4 Cognizant Revenue in IT Outsourcing Business (2018-2023)
11.7.5 Cognizant Recent Development
11.8 Infosys
11.8.1 Infosys Company Detail
11.8.2 Infosys Business Overview
11.8.3 Infosys IT Outsourcing Introduction
11.8.4 Infosys Revenue in IT Outsourcing Business (2018-2023)
11.8.5 Infosys Recent Development
11.9 CapGemini
11.9.1 CapGemini Company Detail
11.9.2 CapGemini Business Overview
11.9.3 CapGemini IT Outsourcing Introduction
11.9.4 CapGemini Revenue in IT Outsourcing Business (2018-2023)
11.9.5 CapGemini Recent Development
11.10 NTT Data
11.10.1 NTT Data Company Detail
11.10.2 NTT Data Business Overview
11.10.3 NTT Data IT Outsourcing Introduction
11.10.4 NTT Data Revenue in IT Outsourcing Business (2018-2023)
11.10.5 NTT Data Recent Development
11.11 Sodexo
11.11.1 Sodexo Company Detail
11.11.2 Sodexo Business Overview
11.11.3 Sodexo IT Outsourcing Introduction
11.11.4 Sodexo Revenue in IT Outsourcing Business (2018-2023)
11.11.5 Sodexo Recent Development
11.12 ACS
11.12.1 ACS Company Detail
11.12.2 ACS Business Overview
11.12.3 ACS IT Outsourcing Introduction
11.12.4 ACS Revenue in IT Outsourcing Business (2018-2023)
11.12.5 ACS Recent Development
11.13 ISS
11.13.1 ISS Company Detail
11.13.2 ISS Business Overview
11.13.3 ISS IT Outsourcing Introduction
11.13.4 ISS Revenue in IT Outsourcing Business (2018-2023)
11.13.5 ISS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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