North America IT Services Market worth $660.9 billion by 2026 - Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 3, 2021 /PRNewswire/ -- According to a research report "North America IT Services Market with COVID-19 Impact Analysis, by Service Type (Professional Services, Managed Services, and Telecom Services), Organization Size, Deployment Type, Business Function, and Vertical - Forecast to 2026", published by MarketsandMarkets™, the North America IT Services Market size is expected to grow from USD 459.2 billion in 2021 to USD 660.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.

The flexibility and agility of IT Services models would support the IT service needs of enterprises. The leading CSPs/hyperscalers—IBM, Hewlett Packard Enterprise, Accenture, CISCO, and Wipro—are expected to increase their CAPEX primarily for data center expansion to support the increasing workload for their internal and external stakeholders. The increasing volume of data generation in websites and mobile apps, rising focus on delivering customer-centric applications for driving customer satisfaction, and growing need to control and reduce Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) are a few factors driving the growth of the emerging technologies. The emerging technologies, such as big data, Artificial Intelligence (AI), and Machine Learning (ML), are gaining traction which is ultimately leading to the growth of the cloud computing market, globally.

Browse in-depth TOC on "North America IT Services Market"
111 – Tables
55 – Figures
191 – Pages

Ask for Report Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1769884

Growth of Professional services to be driven by increasing need of Small and Medium-sized Businesses (SMBs) to distribute or manage enterprise workloads

The key features of Professional services include provision of System Integration, increasing demand for Consulting services, Training and Education sector. These services are generally required by enterprises to effectively deploy new applications and solutions in the existing IT infrastructure. The ever-changing business environment and customer demands encourage enterprises to increase their focus on their core business operations. IaaS enables enterprises to leverage their IT infrastructure without paying for the construction of the physical infrastructure. Moreover, it provides flexibility, mobility, easy, and scalable access to applications, and enhanced collaboration to help enterprises focus on their core businesses.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1769884

US to dominate the IT Services market in 2021

North America is a mature market in terms of IT Service offerings adoption, owing to a large presence of enterprises with advanced IT infrastructure and the availability of technical expertise. The US (majorly) and Canada are the top countries contributing to the growth of IT Services market in North America. Healthcare, followed by Government and Defense verticals have the largest market share in the market. As the benefits of adopting IT services are becoming more evident, more companies are expected to implement IT services and provide effective and enhanced support.

The report also studies various growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by the major players to expand their presence in the global cloud computing market. The IT Services market includes major vendors, such as IBM (US), Hewlett Packard Enterprise (US), Accenture (Ireland), CISCO (US), Wipro (India), HCL Technologies (India), Cognizant (US), Infosys (India), Rackspace (US), Tata Consultancy Services (India), Fujitsu (Japan), Capgemini (France), Ericsson (Sweden), Huawei Technologies Co. Ltd. (China), Nokia Networks (Finland), GTT Communications (US), SAP (Germany), DXC (US), NTT DATA (Japan), NEC (Japan), Deloitte (UK), Virtuestream (US), DigitalOcean (US), Bluelock (US), Navisite (US), CenturyLink (US), Infor (US), Opentext (Canada), Citrix (US), IFS (Sweden).

Browse Adjacent Markets: Software & Services Market Research Reports & Consulting

Related Reports:

Cloud Computing Market by Service Model (Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)), Deployment Model (Public and Private), Organization Size, Vertical, and Region - Global Forecast to 2026

Edge Computing Market with COVID-19 Impact Analysis, by Component (Hardware, Software, and Services), Application (Smart Cities, IIOT, Remote Monitoring), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2026

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/north-america-it-service-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/north-america-it-service.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg