IT Services in the United Kingdom
Description
IT Services in the United Kingdom
Summary
IT Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 UK IT services industry recorded revenues of $73.2 billion in 2024, representing a compound annual growth rate (CAGR) of 7.4% between 2019 and 2024.
- The infrastructure services segment accounted for the industry's largest proportion in 2024, with total revenues of $44.1 billion, equivalent to 60.3% of the industry's overall value.
- The expansion of the UK’s IT services industry is driven by rapid enterprise digitalization, strong government support for technology-driven transformation, and rising adoption of cloud-based infrastructure. The government programs such as UK Digital Strategy, Made Smarter Programme, and AI Sector Deal 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 the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in the United Kingdom
- 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 United Kingdom it services market with five year forecasts
- What was the size of the United Kingdom it services market by value in 2024?
- What will be the size of the United Kingdom it services market in 2029?
- What factors are affecting the strength of competition in the United Kingdom it services market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's it services market?
Table of Contents
50 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 recent developments in the industry?
- 8 Company Profiles
- 8.1. Accenture Plc
- 8.2. International Business Machines Corp
- 8.3. Capgemini SE
- 8.4. Tata Consultancy Services Ltd
- 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: United Kingdom IT services industry value: $ million, 2019-24
- Table 2: United Kingdom IT services industry category segmentation: % share, by value, 2019-24
- Table 3: United Kingdom IT services industry category segmentation: $ million, 2019-24
- Table 4: United Kingdom IT services industry geography segmentation: $ million, 2024
- Table 5: United Kingdom 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: Capgemini SE: Key Facts
- Table 17: Capgemini SE: Annual Financial Ratios
- Table 18: Capgemini SE: Key Employees
- Table 19: Capgemini SE: Key Employees Continued
- Table 20: Tata Consultancy Services Ltd: Key Facts
- Table 21: Tata Consultancy Services Ltd: Annual Financial Ratios
- Table 22: Tata Consultancy Services Ltd: Key Employees
- Table 23: Tata Consultancy Services Ltd: Key Employees Continued
- Table 24: United Kingdom Size of Population (Million), 2020-24
- Table 25: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 26: United Kingdom GDP (Current Prices, $ Billion), 2020-24
- Table 27: United Kingdom Inflation, 2020-24
- Table 28: United Kingdom Consumer Price Index (Absolute), 2020-24
- Table 29: United Kingdom Exchange Rate, 2019-24
- List of Figures
- Figure 1: United Kingdom IT services industry value: $ million, 2019-24
- Figure 2: United Kingdom IT services industry category segmentation: $ million, 2019-24
- Figure 3: United Kingdom IT services industry geography segmentation: % share, by value, 2024
- Figure 4: United Kingdom IT services industry value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the IT services industry in the United Kingdom, 2024
- Figure 6: Drivers of buyer power in the IT services industry in the United Kingdom, 2024
- Figure 7: Drivers of supplier power in the IT services industry in the United Kingdom, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in the United Kingdom, 2024
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in the United Kingdom, 2024
- Figure 10: Drivers of degree of rivalry in the IT services industry in the United Kingdom, 2024
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