The IT Consulting industry provides advice on a variety of technology solutions, develops custom applications to meet the specific needs of a client and implements computer systems that manage data on behalf of a business. Due to the influx of new technologies and the increasingly vital role that IT plays in today's digital economy, the industry has outperformed the broader economy. Over the next five years, improving conditions for businesses will spur growth for industry services. In particular, more businesses are expected to take advantage of cloud-computing technology, which is rapidly removing barriers between companies and users and enabling a more customized business experience.
This industry provides the following services to client companies: writing, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; and on-site management of computer systems and data processing facilities. This industry excludes packaged software publishers and off-site data processing and hosting services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.