IT Services in North America

April 2024 | 53 pages | ID: I47C41DA354EN
MarketLine

Abstracts

IT Services in North America

Summary

IT Services in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
• The North American IT services industry registered revenues of $562.3 billion in 2023, representing a compound annual growth rate (CAGR) of 7.3% between 2018 and 2023.
• The infrastructure services segment accounted for the industry's largest proportion in 2023, with total revenues of $343.9 billion, equivalent to 61.2% of the industry's overall value.
• The US is home to some of the world’s largest technologically advanced companies, including, Amazon, Apple, and Meta Platforms, among others, resulting in significant demand for IT services.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the it services market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in North America
• Leading company profiles reveal details of key it services market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America it services market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the North America it services market by value in 2023?
• What will be the size of the North America it services market in 2028?
• What factors are affecting the strength of competition in the North America it services market?
• How has the market performed over the last five years?
• Who are the top competitors in North America's it services market?

Contents

Table of Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. What are the most recent developments in the market?

8 COMPANY PROFILES

8.1. Accenture plc
8.2. International Business Machines Corporation
8.3. Cognizant Technology Solutions Corp
8.4. Hewlett Packard Enterprise Company

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: North America IT services industry value: $ billion, 2018-23
Table 2: North America IT services industry category segmentation: % share, by value, 2018-2023
Table 3: North America IT services industry category segmentation: $ billion, 2018-2023
Table 4: North America IT services industry geography segmentation: $ billion, 2023
Table 5: North America IT services industry value forecast: $ billion, 2023-28
Table 6: Accenture plc: key facts
Table 7: Accenture plc: Annual Financial Ratios
Table 8: Accenture plc: Key Employees
Table 9: Accenture plc: Key Employees Continued
Table 10: Accenture plc: Key Employees Continued
Table 11: Accenture plc: Key Employees Continued
Table 12: International Business Machines Corporation: key facts
Table 13: International Business Machines Corporation: Annual Financial Ratios
Table 14: International Business Machines Corporation: Key Employees
Table 15: International Business Machines Corporation: Key Employees Continued
Table 16: Cognizant Technology Solutions Corp: key facts
Table 17: Cognizant Technology Solutions Corp: Annual Financial Ratios
Table 18: Cognizant Technology Solutions Corp: Key Employees
Table 19: Cognizant Technology Solutions Corp: Key Employees Continued
Table 20: Hewlett Packard Enterprise Company: key facts
Table 21: Hewlett Packard Enterprise Company: Annual Financial Ratios
Table 22: Hewlett Packard Enterprise Company: Key Employees
Table 23: Hewlett Packard Enterprise Company: Key Employees Continued
Table 24: North America exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: North America IT services industry value: $ billion, 2018-23
Figure 2: North America IT services industry category segmentation: $ billion, 2018-2023
Figure 3: North America IT services industry geography segmentation: % share, by value, 2023
Figure 4: North America IT services industry value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the IT services industry in North America, 2023
Figure 6: Drivers of buyer power in the IT services industry in North America, 2023
Figure 7: Drivers of supplier power in the IT services industry in North America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in North America, 2023
Figure 9: Factors influencing the threat of substitutes in the IT services industry in North America, 2023
Figure 10: Drivers of degree of rivalry in the IT services industry in North America, 2023