Technology & Media
The global IT outsourcing market size reached US$ 575.2 Billion in 2023. As per the analysis by IMARC Group, the top IT outsourcing companies focus on providing better customer service. Many companies outsource their data storage needs to third-party providers due to the high capital investments required to keep storage devices in-house. Lower labor costs, cheaper infrastructure, and tax savings drive this outsourcing trend. Additionally, small and medium-sized enterprises (SMEs) that lack the resources to establish in-house IT departments are outsourcing to improve efficiency and expand their businesses. IT outsourcing is becoming increasingly popular in the healthcare sector, as it helps firms manage their finances while maintaining IT infrastructure. These services include medical coding and billing, medical transcriptions, insurance claim processing, virtual assistants, and customer support, which can speed up medical workflows and research procedures and positively impact the market. One of the primary factors driving IT outsourcing market growth is the cost savings associated with outsourcing IT services to low-cost countries. As technology evolves rapidly, various companies are increasingly turning to outsource partners to access specialized expertise and stay up-to-date with the latest trends. The market value is expected to reach US$ 827.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.
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The global IT outsourcing market has several major players, including Accenture plc, Capgemini SE, Dell Technologies Inc., DXC Technology Company, Fujitsu Limited, International Business Machines Corporation, Nippon Telegraph and Telephone Corporation, Specialist Computer Centres (SCC), and Wipro Limited. More information about these companies has been provided below.
Establishment: |
1989 |
Headquarters: |
Dublin, Ireland |
Website: |
https://www.accenture.com/in-en |
Accenture is a global company that provides various services to clients in various industries, including IT outsourcing. With a team of over 500,000 professionals worldwide, Accenture is a leader in the IT outsourcing market and has a strong reputation for delivering high-quality services to clients. Accenture's IT outsourcing services include application development and maintenance, infrastructure services, cloud services, cybersecurity, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, Accenture provides consulting, strategy, and technology services, helping clients optimize their operations and achieve their business goals. Accenture's focus on innovation, digital transformation, and sustainable business practices has earned it a name as a leader in the industry.
Establishment: |
1967 |
Headquarters: |
Paris, France |
Website: |
https://www.capgemini.com/ |
Capgemini is a global leader in IT outsourcing services, offering various solutions to help clients optimize their operations, decrease costs, and stay competitive in their respective markets. With a team of over 270,000 professionals worldwide, Capgemini has a strong reputation for providing high-quality client services. Capgemini's IT outsourcing services include application management, infrastructure management, cloud services, cybersecurity, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, Capgemini also provides consulting, technology, and digital transformation services, helping clients to modernize their operations and embrace new technologies. Capgemini's focus on innovation, sustainability, and social responsibility has earned it a name as a leader in the industry.
Establishment: |
1984 |
Headquarters: |
Texas, United States |
Website: |
https://www.dell.com/en-in |
Dell Technologies is a global leader in IT outsourcing services, providing various solutions to help clients optimize their operations and stay competitive in their respective markets. With a team of over 165,000 professionals worldwide, Dell Technologies has a strong reputation for delivering high-quality services to clients. The company’s IT outsourcing services include infrastructure management, cloud services, cybersecurity, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. Besides its IT outsourcing services, Dell Technologies also provides consulting, technology, and digital transformation services, helping clients to modernize their operations and embrace new technologies.
Establishment: |
2017 |
Headquarters: |
Virginia, United States |
Website: |
https://dxc.com/us/en |
DXC Technology is a global IT outsourcing company that offers a range of solutions to help clients optimize their operations, reduce costs, and stay competitive in their respective markets. With a team of over 100,000 professionals worldwide, DXC Technology has a strong reputation for delivering high-quality customer service. DXC Technology's IT outsourcing services include application management, infrastructure management, cloud services, cybersecurity, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, DXC Technology also provides consulting, technology, and digital transformation services, helping clients to modernize their operations and embrace new technologies.
Establishment: |
1925 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.fujitsu.com/global/ |
Fujitsu Limited is a global IT outsourcing company that provides various solutions to help clients optimize their operations, lower costs, and stay competitive in their respective markets. With a team of over 130,000 professionals worldwide, Fujitsu Limited has a strong reputation for delivering high-quality services to clients. Fujitsu Limited's IT outsourcing services include infrastructure management, application management, cybersecurity, cloud services, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, Fujitsu Limited provides consulting, technology, and digital transformation services, helping clients modernize their operations and embrace new technologies.
Establishment: |
1911 |
Headquarters: |
New York, United States |
Website: |
https://www.ibm.com/in-en |
International Business Machines Corporation, commonly known as IBM, is a global name in IT outsourcing services. It provides solutions to help clients optimize their operations, reduce costs, and stay competitive in their respective markets. With a team of over 350,000 professionals worldwide, IBM has a strong reputation for delivering high-quality client services. IBM's IT outsourcing services include infrastructure management, application management, cybersecurity, cloud services, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, IBM provides consulting, technology, and digital transformation services, helping clients modernize their operations and embrace new technologies. IBM's focus on innovation, sustainability, and social responsibility has earned it a reputation in the industry. Overall, IBM's IT outsourcing services provide clients access to cutting-edge technologies, specialized expertise, and scalable solutions that help them achieve their business goals.
Establishment: |
1985 |
Headquarters: |
Tokyo, Japan |
Website: |
https://group.ntt/en/ |
Nippon Telegraph and Telephone Corporation (NTT) is a leading Japanese IT outsourcing company that offers a wide range of services to help clients optimize their business operations and improve their competitive edge in the market. With over 300,000 employees worldwide, NTT has a strong reputation for delivering high-quality and reliable IT services. NTT's IT outsourcing services include data center management, cloud services, cybersecurity, network management, and digital transformation. NTT's approach to IT outsourcing is based on a thorough understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. NTT also offers consulting, technology, and digital transformation services, helping clients to modernize their operations and leverage new technologies.
Establishment: |
1975 |
Headquarters: |
Birmingham, United Kingdom |
Website: |
https://www.scc.com/ |
Specialist Computer Centres (SCC) is a UK-based IT outsourcing company that provides services to help clients optimize their operations, reduce costs, and stay competitive in their respective markets. With over 5,000 employees across Europe, SCC has a strong reputation for delivering high-quality client services. SCC's IT outsourcing services include infrastructure management, application management, cybersecurity, cloud services, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, SCC provides consulting, technology, and digital transformation services, assisting clients modernize their operations and embrace new technologies.
Establishment: |
1945 |
Headquarters: |
Bengaluru, India |
Website: |
https://www.wipro.com/ |
Wipro Limited is an Indian multinational corporation specializing in providing IT outsourcing services to clients across the globe. With over 200,000 employees and a presence in over 50 countries, Wipro has a strong reputation for delivering high-quality services to clients. Wipro's IT outsourcing services include application development and maintenance, infrastructure management, cybersecurity, cloud services, and digital transformation. The company's approach to IT outsourcing is based on a deep understanding of client's business needs, enabling it to provide customized solutions that meet clients' specific requirements. In addition to its IT outsourcing services, Wipro provides consulting, technology, and digital transformation services, helping clients modernize their operations and leverage new technologies.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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