Sunday, 05 December 2021 08:51 GMT

North America IT Services Market Insights by Emerging Trends, Growth and Forecast till 2021


(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 25, 2021, 03:24 /Comserve / -- The North America IT services market size is expected to grow from USD 175.2 million in 2016 to USD 261.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 8.3%.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

Increasing adoption of cloud services by enterprises is driving the North America IT services market”
The North America IT services market size is expected to grow from USD 175.2 million in 2016 to USD 261.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 8.3%. The significant rise in digital data has influenced enterprises to shift towards cloud services and thus has led the adoption of IT services. The market is being driven by factors, such as growing trend of big data & analytics, increased IT spending, and growing interest of small and medium-sized enterprises in adopting IT services.

“Managed services is expected to grow fastest in the North America IT services market”
The managed services segment offers outsourced IT services to meet the IT demands for industries operating in different verticals. The managed services segment is likely to witness considerable growth in the coming years, owing to the companies' increasing emphasis on core activities and outsourcing of end-to-end IT solutions.

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The Final Report will cover the impact analysis of COVID-19 on this industry: North America IT Services Market Insights by Emerging Trends, Growth and Forecast till 2021

“Canada is expected to experience extensive growth opportunities in the next few years”
Canada is expected to represent potential opportunities for North America IT services market. This can be majorly attributed to the growth in the IT sector and the increasing adoption of digital technologies by enterprises in the country. Enterprises' inclination towards IT technologies, such as mobility, cloud services, and data analytics are likely to influence the adoption of North America IT services market in the country in the coming years.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up profile of the primary participants is as follows:
• By Company: Tier 1 – 36%, Tier 2 – 21%, and Tier 3 – 43%
• By Designation: C-level – 75%, Director level – 15%, and Others – 10%
• By Region: North America – 70%, Europe – 15%, and APAC – 15%

Fill This Form and get the Sample Copy of This Report: 
The Final Report will cover the impact analysis of COVID-19 on this industry: North America IT Services Market Insights by Emerging Trends, Growth and Forecast till 2021

Research Coverage:
The report includes in-depth competitive analysis of these key players in the North America IT services market, with their company profiles, recent developments, and key market strategies. The research report segments the North America IT services market by type, deployment type, organization size, business function, and vertical.

Reasons to buy the Report
The North America IT services market has been segmented on the basis of types, deployment types, organization size, business functions, and verticals. The report is expected to help the market leaders/new entrants in this market in the following ways:
1. The report segments the North America IT services market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split across different verticals and regions.
2. The report helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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