Global IT Service Market 2010-2014

Countries covered: Global TechNavio's analysts forecast the Global Information Technology Service market to grow at a CAGR of 4 percent over the period 2010-2014. One of the key factors contributing to this market growth is the emergence of small IT consulting firms. The Global IT Service market has also been witnessing cloud computing as new service delivery model. However, developing and marketing products adhering to client's requirement could pose a challenge to the growth of this market. TechNavio's report, the Global IT Service Market 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global IT Service market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors dominating this market space include IBM Corp., Hewlett-Packard Co., Fujitsu Ltd., and Accenture Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

Additional Information


Press Release

TechNavio Announces the Publication of its Report - Global IT Service Market 2010-2014

TechNavio today published its report Global IT Service Market 2010-2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aids decision makers’ understanding of the roadmap of this market.

Commenting on the report, an analyst from TechNavio’s IT Services team said, “Cloud computing is all about accessing computing resources operated by a third-party provider in usually more than one data center location. With minimal up-front investment, cloud-computing provides pay-per-use billing model. ‘Cloud computing’ has been the buzz word for some time now in the Technology sector. With increasing awareness among customers about its advantages, service providers are increasingly looking at developing capabilities in cloud computing.”

According to the report, unlike the large IT consulting firms, small IT consulting firms provide companies with solutions that are tailor made in accordance with their requirements. These small IT consulting firms provide services to companies in the growing SME sector, which are overlooked by the large IT consulting firms. This has helped the IT Consulting market to capture the rapidly growing SME sector.

The report also discusses one of the key challenges includes uncertain recoveries of certain markets post-recession.

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