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(Wireless-NewsWire.Com, March 09, 2017 ) IT Services Global Group of Eight (G8) Industry Guide_2016 is a comprehensive study outlaying the current market scenario, future prospective and detailed industry insights of IT Services market in G8 countries. The study pegs that the G8 countries contributed $509.6 billion in 2015 to the global IT services industry, with a compound annual growth rate (CAGR) of 2.4% between 2011 and 2015. the G8 countries are expected to reach a value of $617.4 billion in 2020, with a CAGR of 3.9% over the 2015-20 period.
As per the report, the IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market, and the infrastructure services market.
For more information about this report: http://www.reportsweb.com/it-services-global-group-of-eight-g8-industry-guide-2016
According to Marketline, among the G8 nations, the US is the leading country in the IT services industry, with market revenues of $257.6 billion in 2015. This was followed by Japan and the UK, with a value of $97.6 and $54.2 billion, respectively. Further it provides, detailed industry analysis with help of Five Force Model at overall regional level and for trade block of G8 countries US, Canada, Germany, France, UK, Italy, Russia and Japan, analyzed within this report.
In order to have industry accepted standard comparative scenario - in this report, the BPO services market is valued as the revenues accrued from the provision of client relationship management BPO, finance & accounting BPO, human resource outsourcing, knowledge process outsourcing, procurement BPO, and vertical-specific BPO services. The application services market is valued as the revenues accrued from the provision of application development, integration, management, and testing services. The infrastructure services market is valued as the revenues accrued from the provision of the following service lines: application hosting and data center, colocation, desktop management, security & privacy, and storage.
Key Findings
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 IT services market
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 IT services market
Leading company profiles reveal details of key IT services market players' G8 operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the G8 IT services market with five year forecasts
Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country
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Synopsis
The G8 IT services industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-2015, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Reasons To Buy
What was the size of the G8 IT services market by value in 2015?
What will be the size of the G8 IT services market in 2020?
What factors are affecting the strength of competition in the G8 IT services market?
How has the market performed over the last five years?
What are the main segments that make up the G8 IT services market?
Key Highlights
The G8 countries contributed $509.6 billion in 2015 to the global IT services industry, with a compound annual growth rate (CAGR) of 2.4% between 2011 and 2015. The G8 countries are expected to reach a value of $617.4 billion in 2020, with a CAGR of 3.9% over the 2015-20 period.
Among the G8 nations, the US is the leading country in the IT services industry, with market revenues of $257.6 billion in 2015. This was followed by Japan and the UK, with a value of $97.6 and $54.2 billion, respectively.
The US is expected to lead the IT services industry in the G8 nations with a value of $306.6 billion in 2016, followed by Japan and the UK with expected values of $117.8 and $66.2 billion, respectively.
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