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IT Consulting & Implementation - Taiwan

Taiwan

Highlights

Market definition

In-Scope/Out-of-scope

Market structure

Reports

Methodology

The IT Consulting & Implementation market in Taiwan is expected to see a significant increase in revenue.
According to projections, the revenue is set to reach US$494.81m in 2025.
This growth is anticipated to continue with an annual growth rate (CAGR 2025-2029) of 4.21%.
By 2029, the market volume is estimated to reach US$583.48m.
In addition to revenue, the average Spend per Employee in the IT Consulting & Implementation market is also expected to rise.
In 2025, it is projected to reach US$19.00.
When comparing the global market, United States is expected to generate the highest revenue in this sector.
In 2025, United States is projected to have a revenue of US$28.39bn.
Taiwan's IT Consulting & Implementation market is booming, driven by a highly skilled workforce and a strong emphasis on technology innovation.

Revenue

Revenue Change

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Comparable Estimates - IT Services (Worldwide)

Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Apr 2024

Average Spend per Employee

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Key Players

Brand Shares

Most recent update: Dec 2024

Source: Statista Market Insights

The IT Consulting & Implementation market in Taiwan has been experiencing steady growth in recent years.

Customer preferences: Taiwanese businesses have been increasingly seeking IT consulting and implementation services to improve their operations and stay competitive in the global market. Many companies are looking to implement new technologies such as cloud computing, big data analytics, and artificial intelligence to enhance their productivity and efficiency. Additionally, with the rise of remote work due to the COVID-19 pandemic, businesses have been seeking IT solutions to support their remote workforce.

Trends in the market: One trend in the IT Consulting & Implementation market in Taiwan is the increasing popularity of cloud computing services. Many businesses are adopting cloud-based solutions to improve their data storage and management capabilities, as well as to reduce costs. Another trend is the growing demand for cybersecurity consulting and implementation services, as businesses seek to protect their sensitive data from cyber threats.

Local special circumstances: Taiwan is home to a thriving technology industry, with many companies specializing in hardware manufacturing and software development. This has created a strong demand for IT consulting and implementation services, as businesses seek to leverage the latest technologies to stay ahead of the competition. Additionally, Taiwan has a highly educated workforce with a strong emphasis on STEM education, which has helped to fuel the growth of the IT industry.

Underlying macroeconomic factors: Taiwan has a strong and stable economy, with a GDP growth rate that has consistently outpaced many other developed countries. This has created a favorable business environment for IT consulting and implementation firms, as businesses are more willing to invest in new technologies and services. Additionally, Taiwan has a strategic location in East Asia, which has helped to attract foreign investment and foster international trade. This has created new opportunities for IT consulting and implementation firms to expand their business and reach new customers.

Global Comparison

Revenue Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Technology

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IT Consulting & Implementation: market data & analysis - Background

IT Consulting & Implementation: market data & analysis - Cover

Overview

Key Market Indicators

Population

Gross Domestic Product (GDP)

Internet Users

Telecommunication

Business Cycle

Exchange Rates

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

IT services - Statistics & Facts

Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.