IT Services in North America
Description
IT Services in North America
Summary
IT Services in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
IT Services in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
- The North American IT services industry recorded revenues of $670.8 billion in 2024, representing a compound annual growth rate (CAGR) of 6.8% between 2019 and 2024.
- The infrastructure services segment accounted for the industry's largest proportion in 2024, with total revenues of $414.1 billion, equivalent to 61.7% of the industry's overall value.
- The expansion of the North American IT services industry is driven by rapid enterprise digitalization and strong government support for technology-driven transformation. The government programs such as Digital Operations Strategic Plan (DOSP), Federal Cloud Computing Strategy (Cloud Smart), and the National Artificial Intelligence Initiative are encouraging businesses to modernize operations and migrate to cloud and data center solutions, fueling demand for infrastructure services such as cloud computing, hosting, and managed security.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in North America
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America it services market with five year forecasts by both value and volume
- What was the size of the North America it services market by value in 2024?
- What will be the size of the North America it services market in 2029?
- What factors are affecting the strength of competition in the North America it services market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's it services market?
Table of Contents
53 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Accenture Plc
- 8.2. International Business Machines Corp
- 8.3. Tata Consultancy Services Ltd
- 8.4. Capgemini SE
- 8.5. Cognizant Technology Solutions Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America IT services industry value: $ million, 2019-24
- Table 2: North America IT services industry category segmentation: % share, by value, 2019-24
- Table 3: North America IT services industry category segmentation: $ million, 2019-24
- Table 4: North America IT services industry geography segmentation: $ million, 2024
- Table 5: North America IT services industry value forecast: $ million, 2024-29
- Table 6: Accenture Plc: Key Facts
- Table 7: Accenture Plc: Annual Financial Ratios
- Table 8: Accenture Plc: Key Employees
- Table 9: Accenture Plc: Key Employees Continued
- Table 10: Accenture Plc: Key Employees Continued
- Table 11: Accenture Plc: Key Employees Continued
- Table 12: International Business Machines Corp: Key Facts
- Table 13: International Business Machines Corp: Annual Financial Ratios
- Table 14: International Business Machines Corp: Key Employees
- Table 15: International Business Machines Corp: Key Employees Continued
- Table 16: Tata Consultancy Services Ltd: Key Facts
- Table 17: Tata Consultancy Services Ltd: Annual Financial Ratios
- Table 18: Tata Consultancy Services Ltd: Key Employees
- Table 19: Tata Consultancy Services Ltd: Key Employees Continued
- Table 20: Capgemini SE: Key Facts
- Table 21: Capgemini SE: Annual Financial Ratios
- Table 22: Capgemini SE: Key Employees
- Table 23: Capgemini SE: Key Employees Continued
- Table 24: Cognizant Technology Solutions Corp: Key Facts
- Table 25: Cognizant Technology Solutions Corp: Annual Financial Ratios
- Table 26: Cognizant Technology Solutions Corp: Key Employees
- Table 27: Cognizant Technology Solutions Corp: Key Employees Continued
- Table 28: North America Exchange Rate, 2019-24
- List of Figures
- Figure 1: North America IT services industry value: $ million, 2019-24
- Figure 2: North America IT services industry category segmentation: $ million, 2019-24
- Figure 3: North America IT services industry geography segmentation: % share, by value, 2024
- Figure 4: North America IT services industry value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the IT services industry in North America, 2024
- Figure 6: Drivers of buyer power in the IT services industry in North America, 2024
- Figure 7: Drivers of supplier power in the IT services industry in North America, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in North America, 2024
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in North America, 2024
- Figure 10: Drivers of degree of rivalry in the IT services industry in North America, 2024
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
