Global IT Services Outsourcing Market was valued at USD 115 Billion in 2022 and is projected to reach USD 195 Billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
The Global IT services outsourcing market has witnessed significant growth due to the increasing demand for cost-effective and scalable technology solutions. Organizations are outsourcing IT services to enhance operational efficiency, reduce costs, and access specialized expertise. The market is expanding as companies seek digital transformation strategies, cloud computing, and automation-driven services. Businesses are leveraging outsourcing for software development, cybersecurity, data analytics, and IT support. Small and medium enterprises are also contributing to market growth by outsourcing IT functions to focus on core business operations. The rise of AI, machine learning, and blockchain technology is further driving the need for outsourcing services. Additionally, the shift towards remote work and the growing dependence on IT infrastructure have accelerated outsourcing trends. Emerging markets are becoming key players in outsourcing due to competitive pricing and a skilled workforce. The IT services outsourcing market is projected to grow steadily, driven by evolving business needs and technological advancements.
Market trends indicate a growing preference for cloud-based IT outsourcing solutions, allowing businesses to scale operations flexibly. Companies are focusing on strategic partnerships with outsourcing providers to access emerging technologies and enhance cybersecurity frameworks. The increasing demand for managed IT services, particularly in healthcare, finance, and retail, is shaping industry growth. Hybrid outsourcing models, combining offshore and nearshore solutions, are becoming popular for better risk management and compliance. Automation and AI-driven IT support services are reducing response times and improving service quality. The adoption of cybersecurity-as-a-service is gaining traction as cyber threats continue to rise. Governments and enterprises are investing in IT outsourcing to streamline operations and improve service delivery. The demand for outsourcing is also fueled by the rising complexity of IT ecosystems and the need for seamless integration of digital solutions. The future of IT services outsourcing is expected to be driven by innovation, digital transformation, and evolving business priorities.
Get an In-Depth Research Analysis of the Gloabl IT Services Outsourcing Market Size And Forecast [2025-2032]
Accenture
IBM
Fujitsu
Hewlett Packard Enterprise Development LP
SAP SE
Capgemini
Cognizant
Infosys Limited
NTT Data Corporation
Oracle
Tata Consultancy Services Limited
Switchfast Technologies
Code Zero
OneNeck IT Solutions
Astrea IT Services
Essintial Enterprise Solutions
AppShark
Catapult Systems
Voxai Solutions
SherWeb
Ubertesters Inc.
ABSYZ Software Consulting
Akvelon
Altoros
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Gloabl IT Services Outsourcing Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl IT Services Outsourcing Market
Application Development and Maintenance
Infrastructure Management Services
Business Process Outsourcing (BPO)
Cloud Services
IT Consulting and Advisory
Cybersecurity Services
Healthcare
Finance and Banking
Manufacturing
Retail and E-commerce
Telecommunications
Transportation and Logistics
Small Enterprises
Medium Enterprises
Large Enterprises
Onshore Outsourcing
Nearshore Outsourcing
Offshore Outsourcing
Legacy Systems Modernization
Mobile Application Development
Artificial Intelligence and Machine Learning
Internet of Things (IoT)
Blockchain Technology
Big Data Analytics
US (Global, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ IT Services Outsourcing Market Research Analysis
1. Introduction of the Gloabl IT Services Outsourcing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl IT Services Outsourcing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl IT Services Outsourcing Market, By Type
6. Gloabl IT Services Outsourcing Market, By Application
7. Gloabl IT Services Outsourcing Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl IT Services Outsourcing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/