In the five years to 2016, the IT Consulting industry performed well in a challenging economic climate. Strong performance from major markets, such as financial services and insurance providers, enabled the IT Consulting industry to expand. As the economy continues to recover, improving business sentiment and corporate profit levels will further drive industry performance. Over the next five years, industry revenue is expected to continue growing. Increasing M&A activity in other industries will spur demand for IT consultants and, with more consolidations, companies will require assistance in the integration of accounting, information storage and other systems.
The IT Consulting industry includes firms that provide 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.