In 2021, Wipro experienced a year-on-year growth rate of 25.7 percent. Other IT service providers that experienced strong growth that year are TCS and Infosys. Growth in IT services is driven by a move to the cloud, as well as an overall tendency towards outsourcing models as flexibility is favored to stay agile. Further, IT services are necessary for business innovation and to accomplish digital transformation strategies.
IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider
Share this statistic
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
HFS Research. (August 24, 2021). IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. "IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider." Chart. August 24, 2021. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. (2021). IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider. Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. "It Service Provider Year-on-year Revenue Growth Rate Worldwide 2018-2021, by Selected Provider." Statista, Statista Inc., 24 Aug 2021, https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research, IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider Statista, https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/ (last visited January 04, 2025)
IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider [Graph], HFS Research, August 24, 2021. [Online]. Available: https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.