Global IT Outsourcing Market Share, Size, Analysis, Trends, Growth, Segmented Forecasts and Outlook 2015-2019
IT outsourcing is the process of subcontracting the IT functions of an organization to a third-party vendor that has expertise in the required domains. It is an effective strategy to build a high-performance IT organization. IT outsourcing services are helping organizations to manage their IT function through their IT expert team and innovative technologies. C-suite executives of companies have witnessed several tangible benefits by implementing outsourcing services for their IT function. IT outsourcing companies such as Accenture, Capgemini, and BM have helped their clients to reduce their IT cost by 10%-30%. IT outsourcing is helping other functions of organizations to increase their performance by cost cutting and market expansion. Hence, many firms are providing IT outsourcing contracts to the reputed vendors worldwide to focus on their core competencies and remain competitive in the marketplace.
Technavio's analysts forecast the global IT outsourcing market to grow at a CAGR of 5.84% over the period 2014-2019.
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Covered in this report
The report covers the current scenario and the growth prospects of the global IT outsourcing market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from infrastructure and application outsourcing services.
Table of Content
PART 01: Executive summary
Highlights
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PART 02: Scope ofthe report
Market overview
Top-vendor offerings
PART 03: Market research methodology