The Global IT Outsourcing Market to grow at a CAGR of 4.42% during the period 2018-2022.
Global IT Outsourcing Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. IT outsourcing is the process of subcontracting the IT functions of an organization to a third-party vendor, which has specific domain expertise in the required field. It is an effective strategy to build a high-performance IT organization. To calculate the market size, the report considers the revenue generated from IT outsourcing contracts at the point of origin.
One trend affecting this market is rise in the integration of application outsourcing. To deal with the competition in the market, organizations are outsourcing their IT application services to IT sourcing providers.
According to the report, one driver influencing this market is the need to optimize business processes. Capacity optimization, lead time and cost reduction, as well as profit incrementation can be achieved by IT outsourcing services.
Further, the report states that one challenge affecting this market is the data privacy and security risks in cloud-based services. Cloud security management is a challenging task for vendors to protect data online.
- Rise in the integration of application outsourcing
- Growing digital transformation in organizations
Increasing adoption of software-defined infrastructure
- HCL Technologies
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Service
Part 08: Customer Landscape
Part 09: Market Segmentation By End-User
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tzd8tx/global_it?w=4