Market Research

IT Services Outsourcing Market, By Service Type (Paint Application, Surface Preparation, Quality Control, and Logistics and Supply Chain Management), By Outsourcing Model (Full Outsourcing and Partial Outsourcing), By End User (Body Shops, OEMs, and After

Best Price Guarantee Length Publisher Published Date SKU
from $4,500 150 Pages Coherent Market Insights August, 2024 CMI19226655
Best Price Guarantee
Price from $4,500
Length 150 Pages
Publisher Coherent Market Insights
Published Date August, 2024
SKU CMI19226655

IT Services Outsourcing Market, By Service Type (Paint Application, Surface Preparation, Quality Control, and Logistics and Supply Chain Management), By Outsourcing Model (Full Outsourcing and Partial Outsourcing), By End User (Body Shops, OEMs, and Aftermarket Service Providers), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


The global IT services outsourcing market has witnessed substantial growth over the past few years owing to rising digital transformation across industries. Rapid proliferation of smart networked devices and growing dependency on cloud-based applications have necessitated the outsourcing of various IT services such as infrastructure management, application development, and maintenance to third-party vendors. Additionally, cost optimization has been a major driver for enterprises to leverage outsourced global IT resources and achieve efficiency. However, data privacy & security concerns and cultural differences remain key challenges. Going forward, continued demand for scalable and flexible digital services is expected to support ongoing growth opportunities in the market.

Market Dynamics:

Major growth drivers include rapid digitalization of business processes, increasing need to reduce capital expenditure and gain access to advanced technological expertise. However, market growth can be hindered by risks associated with data breaches, language, and cultural barriers between clients and vendors. On the opportunity side, rising adoption of hybrid cloud models and the emergence of new technologies such as artificial intelligence, Blockchain, etc. are likely to open up new revenue streams for IT services outsourcing companies. Geographically, North America currently dominates the market driven by large IT infrastructure and digital transformation projects in the region. Asia Pacific is expected to witness the fastest gains owing to availability of low-cost IT talent in countries like India and China.

Key Features of the Study:
  • This report provides in-depth analysis of the global IT services outsourcing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global IT services outsourcing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Accenture PLC, Capgemini SE, Cognizant Technology Solutions Corporation, DXC Technology Company, Fujitsu Limited, HCL Technologies Limited, IBM Corporation, Infosys Limited, LTI (Larsen & Toubro Infotech), Mindtree Limited, NTT DATA Corporation, Tech Mahindra Limited, Tata Consultancy Services Limited, Wipro Limited, and Zensar Technologies Limited - Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global IT services outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global IT services outsourcing market

    • Detailed Segmentation-
  • By Service Type Insights (Revenue, USD Bn, 2019 - 2031)
  • Paint Application
  • Surface Preparation
  • Quality Control
  • Logistics and Supply Chain Management
  • By Outsourcing Model Insights (Revenue, USD Bn, 2019 - 2031)
  • Full Outsourcing
  • Partial Outsourcing
  • By End User Insights (Revenue, USD Bn, 2019 - 2031)
  • Body Shops
  • OEMs (Original Equipment Manufacturers)
  • Aftermarket Service Providers
  • Regional Insights (Revenue, US$ Bn, 2019 - 2031)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Key Players Insights
  • Accenture PLC
  • Capgemini SE
  • Cognizant Technology Solutions Corporation
  • DXC Technology Company
  • Fujitsu Limited
  • HCL Technologies Limited
  • IBM Corporation
  • Infosys Limited
  • LTI (Larsen & Toubro Infotech)
  • Mindtree Limited
  • NTT DATA Corporation
  • Tech Mahindra Limited
  • Tata Consultancy Services Limited
  • Wipro Limited
  • Zensar Technologies Limited


    • 1. Research Objectives and Assumptions
    Research Objectives
    Assumptions
    Abbreviations
    2. Market Purview
    Report Description
    Market Definition and Scope
    Executive Summary
    Market Snippet, By Service Type
    Market Snippet, By Outsourcing Model
    Market Snippet, By End User
    Market Snippet, By Region
    3. Market Dynamics, Regulations, and Trends Analysis
    Market Dynamics
    Drivers
    Restraints
    Market Opportunities
    Regulatory Scenario
    Industry Trend
    Merger and Acquisitions
    New System Launches/Approvals
    Impact of COVID-19 Pandemic
    4. Global IT Services Outsourcing Market, By Service Type, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, 2024 and 2031 (%)
    Y-o-Y Growth Analysis, 2020-2031
    Segment Trends
    Paint Application
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    Surface Preparation
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    Quality Control
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    Logistics and Supply Chain Management
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    5. Global IT Services Outsourcing Market, By Outsourcing Model, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, 2024 and 2031 (%)
    Y-o-Y Growth Analysis, 2020-2031
    Segment Trends
    Full Outsourcing
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    Partial Outsourcing
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    6. Global IT Services Outsourcing Market, By End User, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, 2024 and 2031 (%)
    Y-o-Y Growth Analysis, 2020-2031
    Segment Trends
    Body Shops
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    OEMs (Original Equipment Manufacturers)
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    Aftermarket Service Providers
    Introduction
    Market Size and Forecast, 2019–2031, (US$ Bn)
    7. Global IT Services Outsourcing Market, By Region, 2019-2031, (US$ Bn)
    Introduction
    Market Share Analysis, By Region, 2024 and 2031 (%)
    Y-o-Y Growth Analysis, 2020-2031
    North America
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    U.S.
    Canada
    Europe
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    Germany
    U.K.
    Spain
    France
    Italy
    Russia
    Rest of Europe
    Asia Pacific
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    China
    India
    Japan
    ASEAN
    Australia
    South Korea
    Rest of Asia Pacific
    Latin America
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    Brazil
    Argentina
    Mexico
    Rest of Latin America
    Middle East
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    Israel
    GCC Countries
    Rest of the Middle East
    Africa
    Regional Trends
    Market Size and Forecast, By Service Type, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Outsourcing Model, 2019–2031, (US$ Bn)
    Market Size and Forecast, By End User, 2019–2031, (US$ Bn)
    Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
    South Africa
    North Africa
    Central Africa
    8. Competitive Landscape
    Company Profiles
    Accenture PLC
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Capgemini SE
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Cognizant Technology Solutions Corporation
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    DXC Technology Company
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Fujitsu Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    HCL Technologies Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    IBM Corporation
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Infosys Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    LTI (Larsen & Toubro Infotech)
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Mindtree Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    NTT DATA Corporation
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Tech Mahindra Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Tata Consultancy Services Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Wipro Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    Zensar Technologies Limited
    Company Overview
    Product Portfolio
    Financial Performance
    Key Strategies
    Recent Developments/Updates
    9. Analyst Recommendations
    Wheel of Fortune
    Analyst View
    Coherent Opportunity Map
    10. Research Methodology
    References
    Research Methodology
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