Revenue of Tata Consultancy Services (TCS) by geographical region 2020

Despite being based in India, the IT service and consultancy company Tata Consulting Services (TCS) generates the majority of their revenue from the Americas market; in 2020 they brought in around 820 billion Indian rupees, which amounts to around 10.8 billion U.S. dollars (at average 2020 exchange rates).

Tata Consulting Services

TCS have grown enormously over the last decade to become the second largest company in India in terms of market capitalization. The largest portion of their revenue comes from software development and maintenance, followed by IT enterprise consulting. Almost half of their revenue is generated from the banking, financial services, and insurance sector.

The North American IT services market

The IT services market in North America is very crowded, with no single dominant player. In 2016, TCS had a market share of around three percent of the North American market (excluding IT consulting and business process outsourcing). However, this still puts TCS sixth overall, and in the same company as such well-known players as Amazon (who had a four percent market share in that year).

Tata Consultancy Services (TCS) revenue breakdown in 2020, by geographic area

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Source

Release date

May 2020

Region

Worldwide

Survey time period

2020

Special properties

fiscal year ends March 31.

Supplementary notes

Figures have been rounded.
As of March 31, 2020: 100 U.S. dollars equaled 7,532.45 Indian rupees..

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