Covina, United States : Global IT Professional Services Market, By Type (Project-oriented Services, ITO Services, IT Support and Training Services, and Enterprise Cloud Computing Services), By Application (Technology Companies, Consulting Companies, and Marketing & Communication Companies), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis, and Forecast till 2030
IT Professional Services Market Outlook
- Market Value 2020: US$ 654.34 Bn
- Market Value Estimation 2030: US$ 47 Bn
- CAGR: 11.9%
An expert service that requires a contract or a product that a vendor sells to assist a client in managing a certain area of their organisation. Firewalls, antivirus software, web filtering, patch management, integrated VPNs, and recurring check-ups from your IT service provider are among the services offered. Any company without an internal IT team should employ the help desk assistance service.IT Professional Services include those provided by doctors, CPAs, tax consultants, project monitors, etc. These organisations have specialised knowledge in a certain field, and the job they undertake enables an owner to concentrate on key business initiatives. Instead of a product that aids a business in expanding in a certain sector, they sell expertise. This is necessary for all organisations and enterprises to function properly.
Top News relating to Industry, Innovation:
- February 2021 – Accenture and VMware formed the New Business Group in to assist businesses shift to the cloud more quickly. Dedicated individuals with significant knowledge in hybrid cloud and cloud migrations, cloud-native and application modernization, and security across major industries are expected to join the new business group.
- February 2021 – IBM, Siemens, and Red Hat announced a hybrid cloud plan in to boost the real-time value of industrial IoT data.
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Key Segmentation of the IT Professional Services market:
Global IT Professional Services Market accounted for US$ 654.34 billion in 2020 and is estimated to be US$ 1987.47 billion by 2030 and is anticipated to register a CAGR of 11.9%. The Global IT Professional Services Market has been segmented on the basis of type, application and region.
- Based on Type, Global IT Professional Services Market is segmented into Project-oriented Services, ITO Services, IT Support and Training Services, and Enterprise Cloud Computing Services.
- Based on Application, Global IT Professional Services Market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud.
- By Region, the Global IT Professional Services Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The IT Professional Services Market Report mentions the following promising regions:
- North America- U.S., Canada
- Europe- UK, Germany, Spain, France, Italy, Russia, Rest of Europe
- Asia Pacific- Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
- Latin America- Brazil, Mexico, Argentina, Rest of Latin America
- Middle East & Africa- South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
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Top-tier significant players:
The prominent player operating in the global IT Professional Services Market includes Accenture PLC, Autotask Corporation, Capgemini SA, DXC Technology Company, Fujitsu Limited, Hewlett Packard Enterprise Development LP (H.P.E.), International Business Machines (IBM) Corporation, Microsoft Corporation, and Oracle Corporation.
Premium Report offers:
- Assessments of market share for the regional and national segments
- A description of the business, including its goals, finances, and most recent advancements.
- In addition to a comprehensive analysis of market share, the report contains data on significant drivers, restraints, and opportunities.
- The market power of consumers and suppliers is demonstrated via Porter’s five forces study.
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