Press Release

IT Sourcing Market illuminated by new report – Accenture PLC, IBM Corporation, Cisco Systems, CA Technologies, HP Corporation, Quality Systems

IT Sourcing is developing and expanding at a significant pace. The information technology (IT) outsourcing is precisely referred to the sub-contracting of specific functions or to pursue resources outside an enterprise for all or an individual part of an IT function which does not need much of technical skills. The Short-term assistance or the cheaper rates on simple task are the main reasons why companies operating in the present scenario outsource work. The Outsourcing process allows staffing flexibility for an enterprise along with permits them to bring in additional resources as and when required & further release them when they are done, thus satisfying the cyclic or seasonal demand. The IT outsourcing market is primarily driven owing to the escalating need to optimize business processes, surging integration of application outsourcing and Capacity optimization considering the global scenario.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The leading market players mainly include-
– Accenture PLC
– IBM Corporation
– Cisco Systems, Inc
– CA Technologies
– HP Corporation
– Quality Systems, Inc
– Synnex Corporation
– Dell Technologies, Inc

The regional analysis of Global IT Sourcing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest-growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, the Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.

The detailed segments and sub-segment of the market are explained below: 

By Services:
– Software Development
– Web Development
– Application Support and Management
– Help Desk
– Database Development and Management
– Telecommunication

By End Users:
– Government
– BFSI
– Telecom
– Others

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