ResearchMoz added Latest Research Report titled " Global IT Outsourcing Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 02/21/2017 -- IT outsourcing is the process of subcontracting the IT functions of an organization to a third-party vendor that has expertise in the required domains. It is an effective strategy to build a high-performance IT organization. IT outsourcing services are helping organizations to manage their IT function through their IT expert team and innovative technologies. C-suite executives of companies have witnessed several tangible benefits by implementing outsourcing services for their IT function. IT outsourcing companies such as Accenture, Capgemini, and BM have helped their clients to reduce their IT cost by 10%-30%. IT outsourcing is helping other functions of organizations to increase their performance by cost cutting and market expansion. Hence, many firms are providing IT outsourcing contracts to the reputed vendors worldwide to focus on their core competencies and remain competitive in the marketplace.
The global IT outsourcing market to grow at a CAGR of 5.84% over the period 2014-2019. The report covers the current scenario and the growth prospects of the global IT outsourcing market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from infrastructure and application outsourcing services.
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The market is divided into the following segments based on IT outsourcing services:
- Application outsourcing
- Infrastructure outsourcing
Technavio's report, Global IT Outsourcing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global IT outsourcing market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Other prominent vendors
- ITC Infotech
- Pitney Bowes
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Key questions answered in the report include:-
- What will the market size be in 2019 and what will the growth rate be
- What are the key market trends
- What is driving this market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the key vendors
- What are the strengths and weaknesses of the key vendors
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