IT Outsourcing Market will register a CAGR of 5% during 2020-2024. The market’s growth momentum will Accelerate. need to optimize business processes will be one of the major factors driving the growth of this market. Additionally, key IT Outsourcing Market trends such as the rise in the integration of application outsourcing will also influence market growth during the forecast period. IT Outsourcing Market Size Get a FREE sample for more insights on the growth and the market share of various regions During the forecast period, the IT Outsourcing Market size will grow by USD 98 bn. IT Outsourcing Market : Vendors The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the IT Outsourcing Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the data privacy and security risks in cloud-based services will also challenge the growth of the companies. Accenture Plc | Capgemini Service SAS | Fujitsu Ltd. | HCL Technologies Ltd. | Hewlett Packard Enterprise Co. | International Business Machines Corp. | Larsen & Toubro Ltd. | Tata Consultancy Services Ltd. | Tech Mahindra Ltd. | and Wipro Ltd..list are some of the companies covered in Technavio’s IT Outsourcing Market report for 2020-2024. IT Outsourcing Market : Region-level Analysis The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the IT Outsourcing Market. The APAC will account for the largest IT Outsourcing Market share and during 2020-2024, the region will contribute to 37% of the market’s growth. In addition to regions and the key companies involved, Technavio’s IT Outsourcing Market report also analyzes the market by Government | BFSI | Telecommunications | Energy and utilities | Manufacturing | Healthcare | Retail | Media and entertainment | Others | Infrastructure outsourcing | application outsourcing | North America | Europe | APAC | South America | MEA.comma Our Custom Research Solutions can provide tailored IT Outsourcing Market information to meet your specific requirements.