IT Professional Services Market Size, Share, & Trends Analysis Report By Type, By Deployment (On-premise, Cloud), By End Use, By Region, And Segment Forecasts, 2019 - 2025

Published: Jan, 2019 | Pages: 109 | Publisher: Grand View Research
Industry: ICT | Report Format: Electronic (PDF)

Global IT professional services market size is expected to reach USD 1.07 trillion by 2025 with a CAGR of 8.4%, according to a new study conducted by Grand View Research, Inc. Growth in demand for knowledge-based services and preference for flexible and customizable professional services are driving the global market.

Enterprises across various end-use industries are under mounting pressures to reduce capital expenditures and increase operational efficiencies. The adoption of IT professional services has been growing as these services can help reduce the overall IT costs, and in turn, the capital expenditure. Benefits associated with these services, such as ease of deployment, lesser risk, and higher security, have also been aiding the market growth.

Incumbents of the BFSI, retail, telecommunication, and IT industries prefer cloud-based services. As the number of enterprises opting for digital transformation continues to increase, vendors are finding it more convenient to deliver IT services through the cloud technology. It also allows providers to expand their geographic reach and offer scalable services, as well as on-demand support.

Tech companies, marketing firms, and consulting companies are the largest users of IT professional services. Digitization, big data analytics, and Business Intelligence (BI) are some of the key functionalities being outsourced to reduce the administrative costs and overheads. However, concerns over data security and protection of privacy and confidentiality are some of the factors that may hinder the market growth.

Further key findings from the study suggest:

•	The market is significantly diverse and fragmented but led by a few well-established companies, including Accenture PLC, Capgemini SA, IBM Corp., and Microsoft Corporation

•	The ability of the vendors to provide cloud-based, tailored, and secured solutions would influence the customers' buying decisions

•	The cloud segment is expected to witness the fastest CAGR over the forecast period

•	Technology and consulting companies have emerged as the largest adopters of IT professional services and would continue the trend in the years to come

•	The North America regional market led the global IT professional service market in 2017 and is expected to register a CAGR of 7.5% over the forecast period.

•	However, Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of 9.6% during the forecast period

 Table of Content

Chapter 1 Methodology and Scope
                   1.1 Research Methodology
                   1.2 Research Scope and Assumptions
                   1.3 List of Data Sources

Chapter 2 Executive Summary
                   2.1 IT Professional Service Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                   2.2 Global IT Professional Service Market, 2014 - 2025
                       2.2.1 Global IT professional service market, by region, 2014 - 2025
                       2.2.2 Global IT professional service market, by type, 2014 - 2025
                       2.2.3 Global IT professional service market, by deployment, 2014 - 2025
                       2.2.4 Global IT professional service market, by end-use, 2014 - 2025

Chapter 3 IT Professional Service Industry Outlook
                   3.1 Market Segmentation & Scope
                   3.2 Market Size and Growth Prospects
                   3.3 IT Professional Service - Value Chain Analysis
                   3.4 IT Professional Service Market Dynamics
                       3.4.1 Market driver analysis
                           3.4.1.1 Increasing need to improve operational efficiency
                           3.4.1.2 Increasing demand for automation in back-end services
                           3.4.1.3 Rising demand for scalable and flexible professional services
                       3.4.2 Market restraint analysis
                           3.4.2.1 Security concerns related to cloud-based professional services
                       3.4.3 Market opportunities analysis
                           3.4.3.1 Growing adoption of SaaS technology
                           3.4.3.2 Growing need of analytics and big data technologies in professional services
                   3.5 Penetration and Growth Prospect Mapping
                   3.6 IT Professional Service - Porter's Five Forces Analysis
                   3.7 IT Professional Service Market - Company Ranking, 2017
                   3.8 IT Professional Service - PESTEL Analysis

Chapter 4 IT Professional Service Type Outlook
                   4.1 IT Professional Service Market Share By Type, 2017
                   4.2 Project-oriented Services
                       4.2.1 Project-oriented services in IT professional service market, 2014 - 2025
                   4.3 ITO Services
                       4.3.1 ITO services in IT professional service market, 2014 - 2025
                   4.4 IT Support and Training Services
                       4.4.1 IT support and training services in IT professional service market, 2014 - 2025
                   4.5 Enterprise Cloud Computing Services
                       4.5.1 Enterprise cloud computing services in IT professional service market, 2014 - 2025

Chapter 5 IT Professional Service Deployment Outlook
                   5.1 IT Professional Service Market Share By Deployment, 2017
                   5.2 On-premise
                       5.2.1 On-premise IT professional service market, 2014 - 2025
                   5.3 Cloud
                       5.3.1 Cloud IT professional service market, 2014 - 2025

Chapter 6 IT Professional Service End-use Outlook
                   6.1 IT Professional Service Market Share By End-use, 2017
                   6.2 Technology Companies
                       6.2.1 IT professional service in technology companies, 2014 - 2025
                   6.3 Consulting Companies
                       6.3.1 IT professional service in consulting companies, 2014 - 2025
                   6.4 Marketing & Communication Companies
                       6.4.1 IT professional service in marketing & communication companies, 2014 - 2025
                   6.5 Others
                       6.5.1 IT professional service in other end-use, 2014 - 2025

Chapter 7 IT Professional Service Regional Outlook
                   7.1 IT Professional Service Market Share by Region, 2017
                   7.2 North America
                       7.2.1 North America IT professional service market, 2014 - 2025
                       7.2.2 North America IT professional service market, by type, 2014 - 2025
                       7.2.3 North America IT professional service market, by deployment, 2014 - 2025
                       7.2.4 North America IT professional service market, by end-use, 2014 - 2025
                       7.2.5 U.S.
                           7.2.5.1 U.S. IT professional service market, 2014 - 2025
                           7.2.5.2 U.S. IT professional service market, by type, 2014 - 2025
                           7.2.5.3 U.S. IT professional service market, by deployment, 2014 - 2025
                           7.2.5.4 U.S. IT professional service market, by end-use, 2014 - 2025
                       7.2.6 Canada
                           7.2.6.1 Canada IT professional service market, 2014 - 2025
                           7.2.6.2 Canada IT professional service market, by type, 2014 - 2025
                           7.2.6.3 Canada IT professional service market, by deployment, 2014 - 2025
                           7.2.6.4 Canada IT professional service market, by end-use, 2014 - 2025
                   7.3 Europe
                       7.3.1 Europe IT professional service market, 2014 - 2025
                       7.3.2 Europe IT professional service market, by type, 2014 - 2025
                       7.3.3 Europe IT professional service market, by deployment, 2014 - 2025
                       7.3.4 Europe IT professional service market, by end-use, 2014 - 2025
                       7.3.5 Germany
                           7.3.5.1 Germany IT professional service market, 2014 - 2025
                           7.3.5.2 Germany IT professional service market, by type, 2014 - 2025
                           7.3.5.3 Germany IT professional service market, by deployment, 2014 - 2025
                           7.3.5.4 Germany IT professional service market, by end-use, 2014 - 2025
                       7.3.6 U.K.
                           7.3.6.1 U.K. IT professional service market, 2014 - 2025
                           7.3.6.2 U.K. IT professional service market, by type, 2014 - 2025
                           7.3.6.3 U.K. IT professional service market, by deployment, 2014 - 2025
                           7.3.6.4 U.K. IT professional service market, by end-use, 2014 - 2025
                   7.4 Asia Pacific
                       7.4.1 Asia Pacific IT professional service market, 2014 - 2025
                       7.4.2 Asia Pacific IT professional service market, by type, 2014 - 2025
                       7.4.3 Asia Pacific IT professional service market, by deployment, 2014 - 2025
                       7.4.4 Asia Pacific IT professional service market, by end-use, 2014 - 2025
                       7.4.5 China
                           7.4.5.1 China IT professional service market, 2014 - 2025
                           7.4.5.2 China IT professional service market, by type, 2014 - 2025
                           7.4.5.3 China IT professional service market, by deployment, 2014 - 2025
                           7.4.5.4 China IT professional service market, by end-use, 2014 - 2025
                       7.4.6 India
                           7.4.6.1 India IT professional service market, 2014 - 2025
                           7.4.6.2 India IT professional service market, by type, 2014 - 2025
                           7.4.6.3 India IT professional service market, by deployment, 2014 - 2025
                           7.4.6.4 India IT professional service market, by end-use, 2014 - 2025
                       7.4.7 Japan
                           7.4.7.1 Japan IT professional service market, 2014 - 2025
                           7.4.7.2 Japan IT professional service market, by type, 2014 - 2025
                           7.4.7.3 Japan IT professional service market, by deployment, 2014 - 2025
                           7.4.7.4 Japan IT professional service market, by end-use, 2014 - 2025
                   7.5 Latin America
                       7.5.1 Latin America IT professional service market, 2014 - 2025
                       7.5.2 Latin America IT professional service market, by type, 2014 - 2025
                       7.5.3 Latin America IT professional service market, by deployment, 2014 - 2025
                       7.5.4 Latin America IT professional service market, by end-use, 2014 - 2025
                       7.5.5 Brazil
                           7.5.5.1 Brazil IT professional service market, 2014 - 2025
                           7.5.5.2 Brazil IT professional service market, by type, 2014 - 2025
                           7.5.5.3 Brazil IT professional service market, by deployment, 2014 - 2025
                           7.5.5.4 Brazil IT professional service market, by end-use, 2014 - 2025
                   7.6 MEA
                       7.6.1 MEA IT professional service market, 2014 - 2025
                       7.6.2 MEA IT professional service market, by type, 2014 - 2025
                       7.6.3 MEA IT professional service market, by deployment, 2014 - 2025
                       7.6.4 MEA IT professional service market, by end-use, 2014 - 2025

Chapter 8 Competitive Landscape
                   8.1 Accenture PLC
                       8.1.1 Company overview
                       8.1.2 Financial performance
                       8.1.3 Product benchmarking
                       8.1.4 Strategic initiatives
                   8.2 Autotask Corporation
                       8.2.1 Company overview
                       8.2.2 Financial performance
                       8.2.3 Product benchmarking
                       8.2.4 Strategic initiatives
                   8.3 Capgemini SA
                       8.3.1 Company overview
                       8.3.2 Financial performance
                       8.3.3 Product benchmarking
                       8.3.4 Strategic initiatives
                   8.4 DXC Technology Company
                       8.4.1 Company overview
                       8.4.2 Financial performance
                       8.4.3 Product benchmarking
                       8.4.4 Strategic initiatives
                   8.5 Fujitsu Limited
                       8.5.1 Company overview
                       8.5.2 Financial performance
                       8.5.3 Product benchmarking
                       8.5.4 Strategic initiatives
                   8.6 Hewlett Packard Enterprise Development LP (H.P.E.)
                       8.6.1 Company overview
                       8.6.2 Financial performance
                       8.6.3 Product benchmarking
                       8.6.4 Strategic initiatives
                   8.7 International Business Machines (IBM) Corporation
                       8.7.1 Company overview
                       8.7.2 Financial performance
                       8.7.3 Product benchmarking
                       8.7.4 Strategic initiatives
                   8.8 Microsoft Corporation
                       8.8.1 Company overview
                       8.8.2 Financial performance
                       8.8.3 Product benchmarking
                       8.8.4 Strategic initiatives
                   8.9 Oracle Corporation
                       8.9.1 Company overview
                       8.9.2 Financial performance
                       8.9.3 Product benchmarking
                       8.9.4 Strategic initiatives

List of Tables

TABLE 1 IT professional service market - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global IT professional service market, 2014 - 2025 (USD Billion)
TABLE 3 Global IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 4 Global IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 5 Global IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 6 Global IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 7 IT professional service - Key market driver impact
TABLE 8 IT professional service - Key market restraint impact
TABLE 9 IT professional service - Key market opportunities impact
TABLE 10 Project-oriented services in IT professional service market, 2014 - 2025 (USD Billion)
TABLE 11 Project-oriented services in IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 12 ITO services in IT professional service market, 2014 - 2025 (USD Billion)
TABLE 13 ITO services in IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 14 IT support and training services in IT professional service market, 2014 - 2025 (USD Billion)
TABLE 15 IT support and training services in IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 16 Enterprise cloud computing services in IT professional service market, 2014 - 2025 (USD Billion)
TABLE 17 Enterprise cloud computing services in IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 18 On-premise IT professional service market, 2014 - 2025 (USD Billion)
TABLE 19 On-premise IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 20 Cloud IT professional service market, 2014 - 2025 (USD Billion)
TABLE 21 Cloud IT professional service market, by region, 2014 - 2025 (USD Billion)
TABLE 22 IT professional service in technology companies, 2014 - 2025 (USD Billion)
TABLE 23 IT professional service in technology companies, by region, 2014 - 2025 (USD Billion)
TABLE 24 IT professional service in consulting companies, 2014 - 2025 (USD Billion)
TABLE 25 IT professional service in consulting companies, by region, 2014 - 2025 (USD Billion)
TABLE 26 IT professional service in marketing & communication companies, 2014 - 2025 (USD Billion)
TABLE 27 IT professional service in marketing & communication companies, by region, 2014 - 2025 (USD Billion)
TABLE 28 IT professional service in other end-use, 2014 - 2025 (USD Billion)
TABLE 29 IT professional service in other end-use, by region, 2014 - 2025 (USD Billion)
TABLE 30 North America IT professional service market, 2014 - 2025 (USD Billion)
TABLE 31 North America IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 32 North America IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 33 North America IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 34 U.S. IT professional service market, 2014 - 2025 (USD Billion)
TABLE 35 U.S. IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 36 U.S. IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 37 U.S. IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 38 Canada IT professional service market, 2014 - 2025 (USD Billion)
TABLE 39 Canada IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 40 Canada IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 41 Canada IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 42 Europe IT professional service market, 2014 - 2025 (USD Billion)
TABLE 43 Europe IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 44 Europe IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 45 Europe IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 46 Germany IT professional service market, 2014 - 2025 (USD Billion)
TABLE 47 Germany IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 48 Germany IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 49 Germany IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 50 U.K. IT professional service market, 2014 - 2025 (USD Billion)
TABLE 51 U.K. IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 52 U.K. IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 53 U.K. IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 54 Asia Pacific IT professional service market, 2014 - 2025 (USD Billion)
TABLE 55 Asia Pacific IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 56 Asia Pacific IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 57 Asia Pacific IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 58 China IT professional service market, 2014 - 2025 (USD Billion)
TABLE 59 China IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 60 China IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 61 China IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 62 India IT professional service market, 2014 - 2025 (USD Billion)
TABLE 63 India IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 64 India IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 65 India IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 66 Japan IT professional service market, 2014 - 2025 (USD Billion)
TABLE 67 Japan IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 68 Japan IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 69 Japan IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 70 Latin America IT professional service market, 2014 - 2025 (USD Billion)
TABLE 71 Latin America IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 72 Latin America IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 73 Latin America IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 74 Brazil IT professional service market, 2014 - 2025 (USD Billion)
TABLE 75 Brazil IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 76 Brazil IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 77 Brazil IT professional service market, by end-use, 2014 - 2025 (USD Billion)
TABLE 78 MEA IT professional service market, 2014 - 2025 (USD Billion)
TABLE 79 MEA IT professional service market, by type, 2014 - 2025 (USD Billion)
TABLE 80 MEA IT professional service market, by deployment, 2014 - 2025 (USD Billion)
TABLE 81 MEA IT professional service market, by end-use, 2014 - 2025 (USD Billion)

List of Figures

FIG. 1 Market segmentation and scope
FIG. 2 Global IT professional service market, 2014 - 2025 (USD Billion)
FIG. 3 IT professional service - Value chain analysis
FIG. 4 IT professional service market dynamics
FIG. 5 Business expectations from professional services
FIG. 6 Global SaaS deployment, 2017 (Million)
FIG. 7 Key opportunities prioritized
FIG. 8 IT professional service - Porter's five forces analysis
FIG. 9 IT professional service - Company ranking analysis, 2017
FIG. 10 IT professional service - PESTEL analysis
FIG. 11 IT professional service market, by type, 2017
FIG. 12 IT professional service market, by deployment, 2017
FIG. 13 IT professional service market, by end-use, 2017
FIG. 14 IT professional service market, by region, 2017
FIG. 15 IT professional service market - Regional takeaways
FIG. 16 North America IT professional service market - Key takeaways
FIG. 17 Europe IT professional service market - Key takeaways
FIG. 18 Asia Pacific IT professional service market - Key takeaways
FIG. 19 Latin America IT professional service market - Key takeaways
FIG. 20 MEA IT professional service market - Key takeaways