The North America IT Services Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
Making ensuring that licenses are always up to date and that the business is adhering to various end-user agreements is typically included in software services or software asset management (SAM). The SAM service providers also look for underutilized and redundant licenses to save software expenditures.
IT services can also comprise the procedures used by software development firms to provide especially specialized solutions that address certain corporate needs. As they frequently include tasks like repairs or the replacement of outdated equipment, certain IT services, such as hardware installation, support, and maintenance, tend to be outsourced on demand.
Consumer hardware will be properly disposed of by a qualified provider, who will also format hard drives to remove all potentially sensitive data (as simple data deletion poses a security risk). Computers, hard drives, printers, modems, and routers that the company needs to run smoothly are typically installed by IT departments. On the other hand, there is a constant need for repairs anywhere there is a ton of hardware equipment.
The technology sector in Canada is a major economic driver and is outperforming the majority of the rest of the economy. According to the Toronto Stock Exchange, the technology and innovation sectors have risen faster than any other sector on the exchange since 2013, and Canada has been a hub for tech entrepreneurship during the past several years. The Canadian ICT industry is significantly reliant on international trade, importing $35.7 billion in goods and exporting $11.6 billion abroad in 2018.
The US market dominated the North America IT Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $528.8 Billion by 2028.The Canada market is poised to grow at a CAGR of 10.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.2% during (2022 - 2028).
Based on Type, the market is segmented into Managed Security Services, Security Outsourcing, IT Support, Systems & Network Implementations and Security Strategy & Planning. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry, the market is segmented into BFSI, Telecommunication, Healthcare, Retail, Manufacturing, Government and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global IT Services Market is Estimated to reach $2013.6 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Accenture PLC, Tata Consultancy Services Ltd., Cognizant Technology Solutions Corporation, Wipro Limited, HCL Technologies Ltd. (HCL Enterprises), Capgemini SE, IBM Corporation, Infosys Limited, DXC Technology Company, and NTT Data Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Managed Security Services
- Security Outsourcing
- IT Support
- Systems & Network Implementations
- Security Strategy & Planning
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Industry
- BFSI
- Telecommunication
- Healthcare
- Retail
- Manufacturing
- Government
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Accenture PLC
- Tata Consultancy Services Ltd.
- Cognizant Technology Solutions Corporation
- Wipro Limited
- HCL Technologies Ltd. (HCL Enterprises)
- Capgemini SE
- IBM Corporation
- Infosys Limited
- DXC Technology Company
- NTT Data Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IT Services Market, by Type
1.4.2 North America IT Services Market, by Enterprise Size
1.4.3 North America IT Services Market, by Industry
1.4.4 North America IT Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations, and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2022, Oct) Leading Players
Chapter 4. North America IT Services Market by Type
4.1 North America Managed Security Services Market by Country
4.2 North America Security Outsourcing Market by Country
4.3 North America IT Support Market by Country
4.4 North America Systems & Network Implementations Market by Country
4.5 North America Security Strategy & Planning Market by Country
Chapter 5. North America IT Services Market by Enterprise Size
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium Enterprises Market by Country
Chapter 6. North America IT Services Market by Industry
6.1 North America BFSI Market by Country
6.2 North America Telecommunication Market by Country
6.3 North America Healthcare Market by Country
6.4 North America Retail Market by Country
6.5 North America Manufacturing Market by Country
6.6 North America Government Market by Country
6.7 North America Others Market by Country
Chapter 7. North America IT Services Market by Country
7.1 US IT Services Market
7.1.1 US IT Services Market by Type
7.1.2 US IT Services Market by Enterprise Size
7.1.3 US IT Services Market by Industry
7.2 Canada IT Services Market
7.2.1 Canada IT Services Market by Type
7.2.2 Canada IT Services Market by Enterprise Size
7.2.3 Canada IT Services Market by Industry
7.3 Mexico IT Services Market
7.3.1 Mexico IT Services Market by Type
7.3.2 Mexico IT Services Market by Enterprise Size
7.3.3 Mexico IT Services Market by Industry
7.4 Rest of North America IT Services Market
7.4.1 Rest of North America IT Services Market by Type
7.4.2 Rest of North America IT Services Market by Enterprise Size
7.4.3 Rest of North America IT Services Market by Industry
Chapter 8. Company Profiles
8.1 Microsoft Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Accenture PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Tata Consultancy Services Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations & Agreements:
8.3.6 SWOT Analysis
8.4 Wipro Limited
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 NTT Data Corporation
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Cognizant Technology Solutions Corporation
8.7.1 Company overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.5 SWOT Analysis
8.8 Infosys Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 DXC Technology Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Partnerships, Collaborations, and Agreements:
8.9.4.2 Product Launches and Product Expansions:
8.10. Capgemini SE
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.11 HCL Technologies Ltd. (HCL Enterprises)
8.11.1 Company Overview
8.11.2 Financial Analysis
8.11.3 Segmental and Regional Analysis
8.11.4 Research & Development Expense
8.11.5 Recent strategies and developments:
8.11.5.1 Partnerships, Collaborations, and Agreements:
8.11.5.2 Product Launches and Product Expansions:
TABLE 1 North America IT Services Market, 2018 - 2021, USD Billion
TABLE 2 North America IT Services Market, 2022 - 2028, USD Billion
TABLE 3 Partnerships, Collaborations, and Agreements– IT Services Market
TABLE 4 Product Launches And Product Expansions– IT Services Market
TABLE 5 Acquisition and Mergers– IT Services Market
TABLE 6 North America IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 7 North America IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 8 North America Managed Security Services Market by Country, 2018 - 2021, USD Billion
TABLE 9 North America Managed Security Services Market by Country, 2022 - 2028, USD Billion
TABLE 10 North America Security Outsourcing Market by Country, 2018 - 2021, USD Billion
TABLE 11 North America Security Outsourcing Market by Country, 2022 - 2028, USD Billion
TABLE 12 North America IT Support Market by Country, 2018 - 2021, USD Billion
TABLE 13 North America IT Support Market by Country, 2022 - 2028, USD Billion
TABLE 14 North America Systems & Network Implementations Market by Country, 2018 - 2021, USD Billion
TABLE 15 North America Systems & Network Implementations Market by Country, 2022 - 2028, USD Billion
TABLE 16 North America Security Strategy & Planning Market by Country, 2018 - 2021, USD Billion
TABLE 17 North America Security Strategy & Planning Market by Country, 2022 - 2028, USD Billion
TABLE 18 North America IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 19 North America IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 20 North America Large Enterprises Market by Country, 2018 - 2021, USD Billion
TABLE 21 North America Large Enterprises Market by Country, 2022 - 2028, USD Billion
TABLE 22 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Billion
TABLE 23 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Billion
TABLE 24 North America IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 25 North America IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 26 North America BFSI Market by Country, 2018 - 2021, USD Billion
TABLE 27 North America BFSI Market by Country, 2022 - 2028, USD Billion
TABLE 28 North America Telecommunication Market by Country, 2018 - 2021, USD Billion
TABLE 29 North America Telecommunication Market by Country, 2022 - 2028, USD Billion
TABLE 30 North America Healthcare Market by Country, 2018 - 2021, USD Billion
TABLE 31 North America Healthcare Market by Country, 2022 - 2028, USD Billion
TABLE 32 North America Retail Market by Country, 2018 - 2021, USD Billion
TABLE 33 North America Retail Market by Country, 2022 - 2028, USD Billion
TABLE 34 North America Manufacturing Market by Country, 2018 - 2021, USD Billion
TABLE 35 North America Manufacturing Market by Country, 2022 - 2028, USD Billion
TABLE 36 North America Government Market by Country, 2018 - 2021, USD Billion
TABLE 37 North America Government Market by Country, 2022 - 2028, USD Billion
TABLE 38 North America Others Market by Country, 2018 - 2021, USD Billion
TABLE 39 North America Others Market by Country, 2022 - 2028, USD Billion
TABLE 40 North America IT Services Market by Country, 2018 - 2021, USD Billion
TABLE 41 North America IT Services Market by Country, 2022 - 2028, USD Billion
TABLE 42 US IT Services Market, 2018 - 2021, USD Billion
TABLE 43 US IT Services Market, 2022 - 2028, USD Billion
TABLE 44 US IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 45 US IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 46 US IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 47 US IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 48 US IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 49 US IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 50 Canada IT Services Market, 2018 - 2021, USD Billion
TABLE 51 Canada IT Services Market, 2022 - 2028, USD Billion
TABLE 52 Canada IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 53 Canada IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 54 Canada IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 55 Canada IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 56 Canada IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 57 Canada IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 58 Mexico IT Services Market, 2018 - 2021, USD Billion
TABLE 59 Mexico IT Services Market, 2022 - 2028, USD Billion
TABLE 60 Mexico IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 61 Mexico IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 62 Mexico IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 63 Mexico IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 64 Mexico IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 65 Mexico IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 66 Rest of North America IT Services Market, 2018 - 2021, USD Billion
TABLE 67 Rest of North America IT Services Market, 2022 - 2028, USD Billion
TABLE 68 Rest of North America IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 69 Rest of North America IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 70 Rest of North America IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 71 Rest of North America IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 72 Rest of North America IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 73 Rest of North America IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 74 key information – Microsoft Corporation
TABLE 75 Key information – Accenture PLC
TABLE 76 Key Information – Tata Consultancy Services Ltd.
TABLE 77 Key Information – Wipro Limited
TABLE 78 Key Information – NTT Data Corporation
TABLE 79 Key information – IBM Corporation
TABLE 80 Key Information – Cognizant Technology Solutions Corporation
TABLE 81 Key Information – Infosys Limited
TABLE 82 key information – DXC Technology Company
TABLE 83 Key Information – Capgemini SE
TABLE 84 Information – HCL Technologies Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2022, Oct) Leading Players
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Accenture PLC
FIG 8 Swot analysis: Accenture plc
FIG 9 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 10 Recent strategies and developments: Wipro Limited
FIG 11 SWOT Analysis: Wipro Limited
FIG 12 Recent strategies and developments: NTT Data Corporation
FIG 13 SWOT Analysis: NTT Data Corporation
FIG 14 Recent strategies and developments: IBM Corporation
FIG 15 Swot analysis: IBM Corporation
FIG 16 Swot analysis: cognizant technology solutions corporation
FIG 17 SWOT Analysis: Infosys Limited
FIG 18 Recent strategies and developments: DXC Technology Company
FIG 19 Recent strategies and developments: HCL Technologies Ltd.