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North America IT Services Market Summary, Competitive Analysis and Forecast to 2027

Best Price Guarantee Length Publisher Published Date SKU
from $350 55 Pages MarketLine March, 2023 MTLN18024933
Best Price Guarantee
Price from $350
Length 55 Pages
Publisher MarketLine
Published Date March, 2023
SKU MTLN18024933

North America IT Services Market Summary, Competitive Analysis and Forecast to 2027


Summary

IT Services in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market and the infrastructure services market. Values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that particular calendar year.
  • The North American IT services industry had total revenues of $474.3 billion in 2022, representing a compound annual growth rate (CAGR) of 9.5% between 2017 and 2022.
  • The infrastructure services segment accounted for industry's the largest proportion in 2022, with total revenues of $266.9 billion, equivalent to 56.3% of the industry's overall value.
  • The North American IT services industry still experienced strong growth and is anticipated to continue growing over the coming years, despite the decline in the economy and rising inflation. This is due to the demand for improved operating resilience and increased operational resilience and accelerated investments in digital transformation.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2022?
  • What will be the size of the North America it services market in 2027?
  • 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?


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 has been the recent M&A activity?
7.4. What are the 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. About MarketLine
List of Tables
Table 1: North America IT services industry value: $ billion, 2017–22
Table 2: North America IT services industry category segmentation: % share, by value, 2017–2022
Table 3: North America IT services industry category segmentation: $ billion, 2017-2022
Table 4: North America IT services industry geography segmentation: $ billion, 2022
Table 5: North America IT services industry value forecast: $ billion, 2022–27
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: International Business Machines Corporation: Key Employees Continued
Table 17: Cognizant Technology Solutions Corp: key facts
Table 18: Cognizant Technology Solutions Corp: Annual Financial Ratios
Table 19: Cognizant Technology Solutions Corp: Key Employees
Table 20: Cognizant Technology Solutions Corp: Key Employees Continued
Table 21: Hewlett Packard Enterprise Company: key facts
Table 22: Hewlett Packard Enterprise Company: Annual Financial Ratios
Table 23: Hewlett Packard Enterprise Company: Key Employees
Table 24: Hewlett Packard Enterprise Company: Key Employees Continued
Table 25: North America exchange rate, 2018–22
List of Figures
Figure 1: North America IT services industry value: $ billion, 2017–22
Figure 2: North America IT services industry category segmentation: $ billion, 2017-2022
Figure 3: North America IT services industry geography segmentation: % share, by value, 2022
Figure 4: North America IT services industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the IT services industry in North America, 2022
Figure 6: Drivers of buyer power in the IT services industry in North America, 2022
Figure 7: Drivers of supplier power in the IT services industry in North America, 2022
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in North America, 2022
Figure 9: Factors influencing the threat of substitutes in the IT services industry in North America, 2022
Figure 10: Drivers of degree of rivalry in the IT services industry in North America, 2022

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