IT services - Statistics & Facts

Information technology services are those services used by organizations in creating, managing, and delivering information as well as assisting with other business functions. These services include consulting, software development, systems integration, in addition to more “hands-on” tasks such as hardware deployment and support, training and education, and hosted and outsourced IT services.

By 2018, global IT services spending is projected to reach around 987 billion dollars, with North America retaining its position as the largest region for both IT services spending and IT services revenue worldwide. According to one source, a majority of IT services are delivered as bundled services, with specific services comprising a much smaller share of the market.

The
managed services market is forecast to eclipse 170 billion U.S. dollars worldwide by 2019, while security services are projected to grow at a similarly rapid rate to around 124 billion U.S. dollars in the same time period. Estimations suggest that worldwide revenues in the Security as a Service (SECaaS) market will more than double between 2018 and 2022, rising from under 6 billion dollars to just over 12 billion. Similarly rapid growth can be seen in cloud-based services, which have recently become a major segment in the IT industry. Market revenue for cloud computing services is expected to reach 240 billion dollars by 2020.

IBM is one of the world’s leading information technology professional and managed service provider, controlling 6 percent of the IT services market in 2017. Some of the other leading information technology professional and managed service providers include Accenture, DXC, Fujitsu and TCS.

Read more

IT Services - Important statistics

You may also be interested in these statistics

The whole topic in one document

IT Services
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

The whole topic in one document

IT Services
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

Recommended statistics

Infographics on the topic

IT services Infographic - Ads: Coming to a Billboard Near You
Women in Australian ICT workforceGender Pay Gap in IT industry

Infographics on the topic

IT services Infographic - Ads: Coming to a Billboard Near You
Women in Australian ICT workforceGender Pay Gap in IT industry

More interesting topics from the industry "IT Services"

More interesting topics from the industry "IT Services"

About Statista

Learn more about how Statista can support your business.

Request webinar

Any more questions?

Any more questions?

Get in touch with us quickly and easily. We are happy to help!

Get in touch with us quickly and easily. We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

News
News