IT Services Market Overview and Forecasts through 2031 | Microsoft, Inc, International Business Machines Corporation, Nippon Telegraph And Telephone Corp

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IT Services Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the IT services industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected IT services market growth numbers from 2022-2031.

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The global IT services market size is expected to grow from $3.47 trillion in 2021 to $3.93 trillion in 2022 at a compound annual growth rate (CAGR) of 13.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The information technology services market size is expected to reach $6.27 trillion in 2026 at a CAGR of 12.4%.

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The IT Services Global Market Report 2022-31 by The Business Research Company evaluates IT services market size, growth rate, drivers, information technology services industry trends, and major companies.

The IT services market segments in the report are:

1) By Type: Hardware Support Services, Software and BPO Services, Cloud Services

2) By Organization Size: Large Enterprises, Small and Medium Enterprises

3) By End-User Industry: Financial Services, Retail and Wholesale, Manufacturing, Healthcare, Others

4) By Service Provider Location: North America, Asia Pacific, Western Europe, Eastern Europe, Rest of the World

The table of contents in TBRC’s IT services market report includes:

1. Executive Summary

2. Report Structure

3. IT Services Market Characteristics

4. IT Services Market Product Analysis

5. IT Services Market Supply Chain

6. IT Services Market Customer Information

7. IT Services Market Trends And Strategies

28. Key Mergers And Acquisitions In The IT Services Market

29. Market Background: Information Technology Market

30. Appendix

About The Business Research Company:
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