(Wireless-NewsWire.Com, January 12, 2017 ) The Global IT Outsourcing Market is accounted for $314.92 billion in 2015 and is expected to reach $481.37 billion by 2022 growing at a CAGR of 6.2% during the forecast period. Improved company focus, gaining access to exceptional capabilities and reduced costs are some of the major factors driving the market. Whereas, factors such as loss of control and reduced employee morale are hindering the growth of IT Outsourcing market. New market opportunities and trends with cloud computing and new business models are prompting the IT infrastructure outsourcing services market. Asia pacific and Latin America are expected to witness prospective growth due to expansion by multinationals into these regions.
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Some of the key players in the global IT Outsourcing Market are Infosys, iGate, HCL, Cognizant, CGI, Capgemini, Wipro, Unisys, TCS and ITC Infotech.
Security Types covered:
- Gain sharing
End Users covered:
- Small and Medium enterprises
- Large Enterprises
- Telecom and IT
- Government and Public Utilities
- Banking, Financial Services and Insurance (BFSI)
- Aerospace, Defense and Intelligence
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10 Company Profiling
10.10 ITC Infotech
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