The IT Outsourcing Market size is expected to grow from USD 585.57 billion in 2023 to USD 701.88 billion by 2028, at a CAGR of 3.69% during the forecast period (2023-2028).
The IT outsourcing market is highly competitive owing to multiple vendors providing IT services to the domestic and international markets. To sustain in the market and retain their clients, companies are developing advanced technologies to play on the competitive edge, thereby intensifying the competitive rivalry in the market.
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