Definition:
The IT Outsourcing market refers to the external contracting of IT functions, services, or projects instead of relying on company-owned resources. By outsourcing IT tasks (e.g., to IT suppliers or software developers), enterprises are able to focus on their core functions and save internal resources and costs (e.g., office space, maintenance, and utilities). Thus, outsourcing teams becomes a viable cost resilience strategy in an environment where companies are looking to save money more than ever.
In an IT context, these activities include IT administration, IT application, and web hosting services. Non-IT-related outsourcing services are excluded.
Structure:
IT Outsourcing contains four distinct markets that are based on different services:
Additional Information:
The IT Outsourcing market comprises revenues, revenue change, average spend per employee, and revenues of the outsourcing types. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include IBM, Accenture, Capgemini, NTT, and Hewlett Packard Enterprise.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Apr 2024
Source: Statista Market Insights
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
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Apr 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
France, a country known for its rich history, culture, and cuisine, is also a major player in the global IT outsourcing market.
Customer preferences: The French market has a strong preference for IT outsourcing services that are cost-effective, efficient, and reliable. French companies are increasingly looking for providers that can offer a wide range of services, including cloud computing, cybersecurity, and data analytics. Additionally, French companies are placing a greater emphasis on sustainability and environmental responsibility, and are seeking IT outsourcing providers that can help them reduce their carbon footprint.
Trends in the market: One of the major trends in the IT outsourcing market in France is the increasing focus on digital transformation. French companies are looking to modernize their IT infrastructure and systems, and are seeking providers that can help them achieve this goal. Another trend is the growing demand for managed services, as companies look to outsource more of their IT operations to third-party providers. Finally, there is a trend towards greater collaboration between IT outsourcing providers and their clients, with more emphasis being placed on joint innovation and co-creation.
Local special circumstances: France has a highly skilled workforce, particularly in the areas of engineering, science, and technology. This has helped to make the country an attractive location for IT outsourcing providers, who can tap into this talent pool to deliver high-quality services to their clients. Additionally, France has a well-developed infrastructure, including a strong telecommunications network and world-class data centers, which makes it an ideal location for IT outsourcing providers.
Underlying macroeconomic factors: The IT outsourcing market in France is being driven by a number of macroeconomic factors, including the country's strong economic growth, its favorable business environment, and its highly educated workforce. Additionally, the French government has implemented a number of policies aimed at promoting innovation and entrepreneurship, which has helped to create a supportive environment for IT outsourcing providers. Finally, France's membership in the European Union provides IT outsourcing providers with access to a large market of potential clients, as well as a stable regulatory environment.
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
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights