The statistic compares the relative market share of three groups of IT service providers - the traditional leading providers, the large offshore-centric firms (WITCH), and the born-in-the-cloud IT service providers - from 2014 to 2016. In 2016, the traditional providers' market share rose to 25.7 percent, while the new generation of large cloud providers have risen to control 2.4 percent of the market.
Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group
source defines the WITCH group as one representing the large, offshore-centric firms: Wipro, Infosys, TCS, Cognizant, and HCL
Supplementary notes
The traditional services firms are those that have been in the top 10 for many years, including: IBM, HP, Accenture, Fujitsu, Capgemini, NTT Data, and CSC.
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HFS Research. (July 14, 2017). Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/
HFS Research. "Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group." Chart. July 14, 2017. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/
HFS Research. (2017). Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/
HFS Research. "Market Share of Traditional, Offshore-centric (Witch) and Cloud Information Technology Service Providers from 2014 to 2016, by Group." Statista, Statista Inc., 14 Jul 2017, https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/
HFS Research, Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group Statista, https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/ (last visited December 21, 2024)
Market share of traditional, offshore-centric (WITCH) and cloud information technology service providers from 2014 to 2016, by group [Graph], HFS Research, July 14, 2017. [Online]. Available: https://www.statista.com/statistics/552514/worldwide-it-services-traditional-witch-and-cloud-share/
