Revenue of Capgemini worldwide 2017-2023

Capgemini, a multinational IT and technology consulting company, has shown consistent revenue growth over the past seven years. In 2023, the company generated an impressive revenue of 22 billion euros, marking a significant increase from around 12 billion euros in 2017. This growth trajectory aligns with the broader trend in the IT services and consulting industry, where major players have experienced substantial revenue increases in recent years.

Industry leaders and their performance

While Capgemini has demonstrated strong growth, other industry giants have also reported substantial revenues. Accenture, for instance, generated approximately 33 billion U.S. dollars from its consulting services in 2024, showcasing the robust demand for IT and consulting services globally. Similarly, Cognizant reported revenue of 19 billion U.S. dollars in 2023, albeit with a slight decrease from the previous year. Indian IT powerhouses like Infosys and Wipro have also shown impressive figures, with Infosys reporting 18.6 billion U.S. dollars in revenue for fiscal year 2024, and Wipro generating over 898 billion Indian rupees in the same period.

Future outlook and industry trends

The IT services and consulting industry is poised for continued growth, driven by the accelerating digital transformation across sectors. Cloud computing, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS), is emerging as a major trend in the outsourcing landscape. India, often referred to as the "global outsourcing hub," has seen its IT industry generate 194 billion U.S. dollars in export revenue of the IT sector in fiscal year 2023. As companies worldwide seek to leverage technology for competitive advantage, the demand for IT consulting and outsourcing services is expected to remain strong in the coming years.