Global IT Outsourcing Market 2015-2019

Dec 24, 2015, 06:30 ET from Reportlinker

NEW YORK, Dec. 24, 2015 /PRNewswire/ -- About IT outsourcing

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.

Technavio's analysts forecast the global IT outsourcing market to grow at a CAGR of 5.84% over the period 2014-2019.

Covered in this report

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.

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.

Key regions

Americas
APAC
EMEA
Key vendors

Accenture
Capgemini
CSC
Fujitsu
HP
IBM
Infosys
Other prominent vendors

Acora
Aegis
Amdocs
Atos
CGI
Cognizant
HCL
iGate
ITC Infotech
Pitney Bowes
TCS
Unisys
Wipro
Xerox
Key market driver

Need to focus on core competencies and improve efficiency
For a full, detailed list, view our report
Key market challenge

Managing multi-vendor in IT outsourcing
For a full, detailed list, view our report
Key market trend

Increased adoption of software-defined infrastructure
For a full, detailed list, view our report
Key questions answered in this report

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

Read the full report: http://www.reportlinker.com/p02673147-summary/view-report.html

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