Contact
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: Brazil, Italy, United States, China, Germany
The IT Outsourcing market in Slovakia has been steadily growing in recent years, with an increasing number of companies turning to outsourcing as a way to reduce costs and increase efficiency.
Customer preferences: One of the main reasons for the growth of the IT Outsourcing market in Slovakia is the country's highly skilled workforce, which is able to provide quality services at a competitive price. Many companies in Western Europe and North America are turning to Slovakia for outsourcing services, as they are able to get high-quality work done at a lower cost than they would in their home countries.
Trends in the market: One of the key trends in the IT Outsourcing market in Slovakia is the increasing focus on cloud-based solutions. Many companies are looking to move their IT infrastructure to the cloud, as it provides greater flexibility and scalability, as well as reducing costs. As a result, there has been a growing demand for cloud-based outsourcing services in Slovakia.Another trend in the market is the growing importance of cybersecurity. With the increasing number of cyber threats facing businesses, there has been a growing demand for outsourcing services that can provide robust cybersecurity solutions. This has led to the development of a number of cybersecurity-focused outsourcing companies in Slovakia.
Local special circumstances: One of the unique features of the IT Outsourcing market in Slovakia is the strong focus on innovation. Many companies in the country are focused on developing new and innovative solutions that can help businesses to improve their operations and increase their competitiveness. This has led to the development of a number of niche outsourcing companies in Slovakia that are focused on providing highly specialized services.
Underlying macroeconomic factors: The growth of the IT Outsourcing market in Slovakia is being driven by a number of macroeconomic factors, including the country's highly skilled workforce, its favorable business environment, and its competitive cost structure. In addition, the country's strategic location in the heart of Europe makes it an attractive location for companies looking to outsource their IT services. As a result, the IT Outsourcing market in Slovakia is expected to continue to grow in the coming years, driven by increasing demand for cloud-based and cybersecurity-focused outsourcing services.
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.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)