Global IT Management and Outsourcing Services Industry 2012-2017: Trend, Profit, and Forecast Analysis, May 2012
Background:
The global IT Services industry holds significant opportunities for industry players due to increasing IT spending in the healthcare, retail, and transportation sectors, among others. The market is forecast to reach an estimated US $1,147 billion in 2017 with a CAGR of more than 5% during 2012–2017.
Lucintel, a leading global management consulting and market research firm, has analyzed the global IT services market and presents its findings in “Global IT Services Industry 2012-2017: Trend, Profit, and Forecast Analysis.”
The global IT services industry comprises services related to the application of business and technical expertise to enable organizations to create, manage, optimize, and access information and business processes. The industry’s scope includes product support services such as hardware and software maintenance and professional services such as IT consulting, development, and integration services.
North America, with 42% of the global market share, dominates the highly fragmented global IT services industry. Outsourcing locations such as India, China, Vietnam, and the Philippines are anticipated to be key drivers because of their low-cost labor and skilled talent pools. The APAC IT services industry is expected to register the highest growth rate among all regions during the forecast period and lead the industry. Government-backed reforms are expected to contribute to significant increases in spending for IT investments. In addition, by generating new opportunities for IT vendors globally, cloud computing is expected to reshape the industry. It is anticipated to offer immense opportunity to penetrate in the small and medium business sector.
Lucintel’s research study reveals that high volatility in currency exchange rates, a shrinking talent pool, and high labor costs in developed countries are some of the major challenges for the IT services industry. The increasing global demand for systems, software, and services, as well as IT spending by governments, and the banking and financial sectors are likely to boost the IT services market. The industry is highly correlated with economic cycles as IT services are project based and often represent discretionary spending.
This study provides a concise overview of the global IT services industry. The report tracks three industry segments for four regions, North America, Europe, APAC, and Rest of World (ROW); thus, it tracks 12 segments of the global IT services industry. This report does not include revenue from manufacturing of tangible IT products, such as hardware and software.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout global IT services industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
This study is intended for senior level executives, sales, marketing and business development professionals at various nodes of value chain of this market. This multi-client market study from Lucintel is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows.
Lucintel has closely tracked and conducted research on hundreds of markets since 1998. This study is a result of years of ongoing research and continuous monitoring of industry dynamics and trends at various nodes of the value chain from both the supply side and the demand side. Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis on it. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process
The global IT Services industry holds significant opportunities for industry players due to increasing IT spending in the healthcare, retail, and transportation sectors, among others. The market is forecast to reach an estimated US $1,147 billion in 2017 with a CAGR of more than 5% during 2012–2017.
Lucintel, a leading global management consulting and market research firm, has analyzed the global IT services market and presents its findings in “Global IT Services Industry 2012-2017: Trend, Profit, and Forecast Analysis.”
The global IT services industry comprises services related to the application of business and technical expertise to enable organizations to create, manage, optimize, and access information and business processes. The industry’s scope includes product support services such as hardware and software maintenance and professional services such as IT consulting, development, and integration services.
North America, with 42% of the global market share, dominates the highly fragmented global IT services industry. Outsourcing locations such as India, China, Vietnam, and the Philippines are anticipated to be key drivers because of their low-cost labor and skilled talent pools. The APAC IT services industry is expected to register the highest growth rate among all regions during the forecast period and lead the industry. Government-backed reforms are expected to contribute to significant increases in spending for IT investments. In addition, by generating new opportunities for IT vendors globally, cloud computing is expected to reshape the industry. It is anticipated to offer immense opportunity to penetrate in the small and medium business sector.
Lucintel’s research study reveals that high volatility in currency exchange rates, a shrinking talent pool, and high labor costs in developed countries are some of the major challenges for the IT services industry. The increasing global demand for systems, software, and services, as well as IT spending by governments, and the banking and financial sectors are likely to boost the IT services market. The industry is highly correlated with economic cycles as IT services are project based and often represent discretionary spending.
This study provides a concise overview of the global IT services industry. The report tracks three industry segments for four regions, North America, Europe, APAC, and Rest of World (ROW); thus, it tracks 12 segments of the global IT services industry. This report does not include revenue from manufacturing of tangible IT products, such as hardware and software.
This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits in expanding business opportunities throughout global IT services industry. In a fast-paced ever-changing world, business leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this regard by making them aware of emerging trends and demand requirements on an annual basis.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
- Industry size estimates in terms of (US $) value by segments and by regions
- Global IT services industry annual trend (2006–2011) and forecast (2012–2017)
- Porter’s Five Force analysis
- New product launch and merger and acquisition activity in global IT services industry
- Quarterly demand trend (Q1 2010–Q4 2011) and forecast analysis (Q1 2012–Q4 2012) for global IT services industry
- Gross and net profit trends in the global IT services industry
- Cost structure trend in the global as well as regional IT services industry
This study is intended for senior level executives, sales, marketing and business development professionals at various nodes of value chain of this market. This multi-client market study from Lucintel is used by small to multi-national Fortune 500 companies and utilized for a variety of reasons as follows.
- Business development
- Strategic planning
- Business presentation
- Determination of market size and trend
- Competitive analysis
- Resource and Inventory Management
- Budgeting
- Investment Decision
Lucintel has closely tracked and conducted research on hundreds of markets since 1998. This study is a result of years of ongoing research and continuous monitoring of industry dynamics and trends at various nodes of the value chain from both the supply side and the demand side. Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis on it. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process
1. EXECUTIVE SUMMARY
2. INDUSTRY DEFINITION AND SCOPE
3. INDUSTRY OVERVIEW
4. GLOBAL MACROECONOMIC OVERVIEW
5. INDUSTRY TRENDS
6. INDUSTRY FORECASTS
7. EMERGING TRENDS
8. CONCLUSIONS
2. INDUSTRY DEFINITION AND SCOPE
3. INDUSTRY OVERVIEW
4. GLOBAL MACROECONOMIC OVERVIEW
5. INDUSTRY TRENDS
6. INDUSTRY FORECASTS
7. EMERGING TRENDS
8. CONCLUSIONS
LIST OF FIGURES
CHAPTER 3. Industry Overview
Figure 3.1: Market Parameters of global IT services industry
CHAPTER 4. Global Macroeconomic Overview
Figure 4.1: Global GDP growth rate trend
Figure 4.2: Global inflation rate trend
Figure 4.3: Global population growth rate trend
Figure 4.4: Global unemployment rate trend
Figure 4.5: Regional GDP growth rate trend
Figure 4.6: Regional inflation rate trend
Figure 4.7: Regional population growth rate trend
Figure 4.8: Regional unemployment rate trend
CHAPTER 5. Industry Trends
Figure 5.1: Global IT services industry annual trend: 2006-11 (US $B)
Figure 5.2: Global IT services industry regional trend 2006-11 (US $B)
Figure 5.3: Global IT services industry regional trend 2006-11 (%)
Figure 5.4: Global IT services industry segment trend: 2006-11 (US $B)
Figure 5.5: Global IT services industry segment trend: 2006-11 (%)
Figure 5.6: Global IT services industry quarterly trend 2010-11 (US $B)
Figure 5.7: Global IT services industry profitability trends 2006-11
Figure 5.8: Global IT services industry revenue per employee trend 2005-10
Figure 5.9: Cost structure of global IT services industry 2006-11
Figure 5.10: Cost structure in North American IT services Industry: 2006-11
Figure 5.11: Cost structure in European IT services industry: 2006-11
Figure 5.12: Cost structure in Asia Pacific IT services industry: 2006-11
Figure 5.13: Top five company’s v/s IT services industry operating profit & net profit
analysis: 2010
Figure 5.14: Cash on hand for global IT services industry 2006-11 (US $B)
Figure 5.15: Cash on hand for global IT services industry 2006-11 (%)
Figure 5.16: Asset for global IT services industry 2006-11 (US $B)
Figure 5.17: Assets for global IT services industry 2006-11 (%)
Figure 5.18: Debt for global IT services industry 2006-11 (US $B)
Figure 5.19: Debts for global IT services industry 2006-11 (%)
Figure 5.20: Industry shares of top players in global IT services industry in 2006
Figure 5.21: Industry shares of top players in global IT services industry in 2010
Figure 5.22: Global IT services industry 2006 industry share analysis
Figure 5.23: Global IT services industry 2010 industry share analysis
CHAPTER 6. Industry Forecasts
Figure 6.1: Global IT services industry forecast 2012-17 (US $B)
Figure 6.2: Global IT services industry quarterly forecast 2011-12 (US $B)
Figure 6.3: Global GDP growth rate forecast
Figure 6.4: Global inflation rate forecast
Figure 6.5: Global population growth rate forecast
Figure 6.6: Global unemployment rate forecast
Figure 6.7: Regional GDP growth rate forecast
Figure 6.8: Regional inflation rate forecast
Figure 6.9: Regional population growth rate forecast
Figure 6.10: Regional unemployment rate forecast
Figure 6.11: Global IT services industry forecast regional 2012-17 (US $B)
Figure 6.12: Global IT services industry forecast regional 2012-17 (%)
Figure 6.13: Global IT services industry segment forecast 2012-17 (US $B)
Figure 6.14: Global IT services industry segment forecasts 2012-17 (%)
CHAPTER 7. Emerging Trends
Figure 7.1: Emerging trends in global IT services industry
Figure 7.2: Global IT services industry opportunity by region
Figure 7.3: Global IT services industry opportunity by segment
CHAPTER 3. Industry Overview
Figure 3.1: Market Parameters of global IT services industry
CHAPTER 4. Global Macroeconomic Overview
Figure 4.1: Global GDP growth rate trend
Figure 4.2: Global inflation rate trend
Figure 4.3: Global population growth rate trend
Figure 4.4: Global unemployment rate trend
Figure 4.5: Regional GDP growth rate trend
Figure 4.6: Regional inflation rate trend
Figure 4.7: Regional population growth rate trend
Figure 4.8: Regional unemployment rate trend
CHAPTER 5. Industry Trends
Figure 5.1: Global IT services industry annual trend: 2006-11 (US $B)
Figure 5.2: Global IT services industry regional trend 2006-11 (US $B)
Figure 5.3: Global IT services industry regional trend 2006-11 (%)
Figure 5.4: Global IT services industry segment trend: 2006-11 (US $B)
Figure 5.5: Global IT services industry segment trend: 2006-11 (%)
Figure 5.6: Global IT services industry quarterly trend 2010-11 (US $B)
Figure 5.7: Global IT services industry profitability trends 2006-11
Figure 5.8: Global IT services industry revenue per employee trend 2005-10
Figure 5.9: Cost structure of global IT services industry 2006-11
Figure 5.10: Cost structure in North American IT services Industry: 2006-11
Figure 5.11: Cost structure in European IT services industry: 2006-11
Figure 5.12: Cost structure in Asia Pacific IT services industry: 2006-11
Figure 5.13: Top five company’s v/s IT services industry operating profit & net profit
analysis: 2010
Figure 5.14: Cash on hand for global IT services industry 2006-11 (US $B)
Figure 5.15: Cash on hand for global IT services industry 2006-11 (%)
Figure 5.16: Asset for global IT services industry 2006-11 (US $B)
Figure 5.17: Assets for global IT services industry 2006-11 (%)
Figure 5.18: Debt for global IT services industry 2006-11 (US $B)
Figure 5.19: Debts for global IT services industry 2006-11 (%)
Figure 5.20: Industry shares of top players in global IT services industry in 2006
Figure 5.21: Industry shares of top players in global IT services industry in 2010
Figure 5.22: Global IT services industry 2006 industry share analysis
Figure 5.23: Global IT services industry 2010 industry share analysis
CHAPTER 6. Industry Forecasts
Figure 6.1: Global IT services industry forecast 2012-17 (US $B)
Figure 6.2: Global IT services industry quarterly forecast 2011-12 (US $B)
Figure 6.3: Global GDP growth rate forecast
Figure 6.4: Global inflation rate forecast
Figure 6.5: Global population growth rate forecast
Figure 6.6: Global unemployment rate forecast
Figure 6.7: Regional GDP growth rate forecast
Figure 6.8: Regional inflation rate forecast
Figure 6.9: Regional population growth rate forecast
Figure 6.10: Regional unemployment rate forecast
Figure 6.11: Global IT services industry forecast regional 2012-17 (US $B)
Figure 6.12: Global IT services industry forecast regional 2012-17 (%)
Figure 6.13: Global IT services industry segment forecast 2012-17 (US $B)
Figure 6.14: Global IT services industry segment forecasts 2012-17 (%)
CHAPTER 7. Emerging Trends
Figure 7.1: Emerging trends in global IT services industry
Figure 7.2: Global IT services industry opportunity by region
Figure 7.3: Global IT services industry opportunity by segment
LIST OF TABLES
CHAPTER 3. Industry Overview
Table 3.1: Industry parameters of global IT services industry
Table 3.2: Relative industry attractiveness by region
CHAPTER 5. Industry Trends
Table 5.1: Regional revenue growth rate
Table 5.2: Segment revenue growth rate
Table 5.3: Percentage change in cost structure
Table 5.4: Percentage change in cash on hand
Table 5.5: Percentage change in total assets
Table 5.6: Percentage change in total debt
Table 5.7: Key companies by revenue growth
Table 5.8: Key companies by revenue decline
CHAPTER 6. Industry Forecasts
Table 6.1: Global IT services forecast growth rate
Table 6.2: Global IT services segments forecast growth rate
CHAPTER 3. Industry Overview
Table 3.1: Industry parameters of global IT services industry
Table 3.2: Relative industry attractiveness by region
CHAPTER 5. Industry Trends
Table 5.1: Regional revenue growth rate
Table 5.2: Segment revenue growth rate
Table 5.3: Percentage change in cost structure
Table 5.4: Percentage change in cash on hand
Table 5.5: Percentage change in total assets
Table 5.6: Percentage change in total debt
Table 5.7: Key companies by revenue growth
Table 5.8: Key companies by revenue decline
CHAPTER 6. Industry Forecasts
Table 6.1: Global IT services forecast growth rate
Table 6.2: Global IT services segments forecast growth rate
