The IT services market is a critical one with spending in this area expected to approach the trillion dollar mark in years to come, up from 906 billion U.S. dollars in 2012. The leading vendors in the industry include IBM, Hewlett-Packard, Fujitsu, Accenture and CSC, all of which also generate multi-billion dollar revenue figures on a yearly basis. For all the latest statistics on company figures, revenue projections, user rates and more, just search the Statista database for a range of individual statistics, business reports and studies.
A vital segment of the IT Services market is cloud computing. Cloud computing is essentially services or software that are offered purely online via network-based distribution channels. While the providers of cloud services do have servers, hardware and staff sitting in an actual location, the services they offer can be accessed and utilized entirely online from anywhere, without the need for users to install any software or hardware. Examples of cloud services that are extensively used around the world include Gmail/online email, Spotify and even Facebook. Revenue from cloud computing services is expected to boom into the future.
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