The Asia Pacific IT Services Market would witness market growth of 9.2% CAGR during the forecast period (2022-2028).
The cloud is essentially an online platform that allows for the storage and access of data and software. More and more people are using cloud services for purposes other than just data storage. They are excellent in terms of performance and efficiency as well as being affordable and economical. Cloud services offer convenient on-the-go access to anything consumers require.
Additionally, the implemented access control and security measures are more effective than actual storage spaces. Additionally, cloud services enable staff to participate in meetings and work on projects from any place, which is very helpful if users employ remote staff or have various sites where they conduct business.
In the present era, social media is a vital tool for any business or organization looking to expand. It seems to be very easy and simple to use social networking. However, it will take a lot more work and effort if the user wants to release and utilize the power of social media to advance business.
Over the past five years, the Indian IT software and service business has emerged as one of the fastest-growing sectors of the Indian economy, with a growth rate exceeding 50% in exports and 40% in the whole IT industry. The IT industry in other states of India, where high-quality infrastructure and skilled labor are available, has experienced accelerated growth and increased its share from 0.6% to 6% of the IT industry's total turnover in India over the past five years, primarily due to the ITES segment's robust growth. From Rs. 400 crores in 1999-2000 to Rs. 2,054 crores in 2000-01, the IT industry in Haryana has experienced a nearly fivefold increase in revenue.
The China market dominated the Asia Pacific IT Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $166.1 Billion by 2028.The Japan market is estimated to grow a CAGR of 8.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.9% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide IT Services Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific IT Services Market, by Type
1.4.2 Asia Pacific IT Services Market, by Enterprise Size
1.4.3 Asia Pacific IT Services Market, by Industry
1.4.4 Asia Pacific 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. Asia Pacific IT Services Market by Type
4.1 Asia Pacific Managed Security Services Market by Country
4.2 Asia Pacific Security Outsourcing Market by Country
4.3 Asia Pacific IT Support Market by Country
4.4 Asia Pacific Systems & Network Implementations Market by Country
4.5 Asia Pacific Security Strategy & Planning Market by Country
Chapter 5. Asia Pacific IT Services Market by Enterprise Size
5.1 Asia Pacific Large Enterprises Market by Country
5.2 Asia Pacific Small & Medium Enterprises Market by Country
Chapter 6. Asia Pacific IT Services Market by Industry
6.1 Asia Pacific BFSI Market by Country
6.2 Asia Pacific Telecommunication Market by Country
6.3 Asia Pacific Healthcare Market by Country
6.4 Asia Pacific Retail Market by Country
6.5 Asia Pacific Manufacturing Market by Country
6.6 Asia Pacific Government Market by Country
6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific IT Services Market by Country
7.1 China IT Services Market
7.1.1 China IT Services Market by Type
7.1.2 China IT Services Market by Enterprise Size
7.1.3 China IT Services Market by Industry
7.2 Japan IT Services Market
7.2.1 Japan IT Services Market by Type
7.2.2 Japan IT Services Market by Enterprise Size
7.2.3 Japan IT Services Market by Industry
7.3 India IT Services Market
7.3.1 India IT Services Market by Type
7.3.2 India IT Services Market by Enterprise Size
7.3.3 India IT Services Market by Industry
7.4 South Korea IT Services Market
7.4.1 South Korea IT Services Market by Type
7.4.2 South Korea IT Services Market by Enterprise Size
7.4.3 South Korea IT Services Market by Industry
7.5 Singapore IT Services Market
7.5.1 Singapore IT Services Market by Type
7.5.2 Singapore IT Services Market by Enterprise Size
7.5.3 Singapore IT Services Market by Industry
7.6 Malaysia IT Services Market
7.6.1 Malaysia IT Services Market by Type
7.6.2 Malaysia IT Services Market by Enterprise Size
7.6.3 Malaysia IT Services Market by Industry
7.7 Rest of Asia Pacific IT Services Market
7.7.1 Rest of Asia Pacific IT Services Market by Type
7.7.2 Rest of Asia Pacific IT Services Market by Enterprise Size
7.7.3 Rest of Asia Pacific 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 Asia Pacific IT Services Market, 2018 - 2021, USD Billion
TABLE 2 Asia Pacific 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 Asia Pacific IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 7 Asia Pacific IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 8 Asia Pacific Managed Security Services Market by Country, 2018 - 2021, USD Billion
TABLE 9 Asia Pacific Managed Security Services Market by Country, 2022 - 2028, USD Billion
TABLE 10 Asia Pacific Security Outsourcing Market by Country, 2018 - 2021, USD Billion
TABLE 11 Asia Pacific Security Outsourcing Market by Country, 2022 - 2028, USD Billion
TABLE 12 Asia Pacific IT Support Market by Country, 2018 - 2021, USD Billion
TABLE 13 Asia Pacific IT Support Market by Country, 2022 - 2028, USD Billion
TABLE 14 Asia Pacific Systems & Network Implementations Market by Country, 2018 - 2021, USD Billion
TABLE 15 Asia Pacific Systems & Network Implementations Market by Country, 2022 - 2028, USD Billion
TABLE 16 Asia Pacific Security Strategy & Planning Market by Country, 2018 - 2021, USD Billion
TABLE 17 Asia Pacific Security Strategy & Planning Market by Country, 2022 - 2028, USD Billion
TABLE 18 Asia Pacific IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 19 Asia Pacific IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 20 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Billion
TABLE 21 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Billion
TABLE 22 Asia Pacific Small & Medium Enterprises Market by Country, 2018 - 2021, USD Billion
TABLE 23 Asia Pacific Small & Medium Enterprises Market by Country, 2022 - 2028, USD Billion
TABLE 24 Asia Pacific IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 25 Asia Pacific IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 26 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Billion
TABLE 27 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Billion
TABLE 28 Asia Pacific Telecommunication Market by Country, 2018 - 2021, USD Billion
TABLE 29 Asia Pacific Telecommunication Market by Country, 2022 - 2028, USD Billion
TABLE 30 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Billion
TABLE 31 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Billion
TABLE 32 Asia Pacific Retail Market by Country, 2018 - 2021, USD Billion
TABLE 33 Asia Pacific Retail Market by Country, 2022 - 2028, USD Billion
TABLE 34 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Billion
TABLE 35 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Billion
TABLE 36 Asia Pacific Government Market by Country, 2018 - 2021, USD Billion
TABLE 37 Asia Pacific Government Market by Country, 2022 - 2028, USD Billion
TABLE 38 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
TABLE 39 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
TABLE 40 Asia Pacific IT Services Market by Country, 2018 - 2021, USD Billion
TABLE 41 Asia Pacific IT Services Market by Country, 2022 - 2028, USD Billion
TABLE 42 China IT Services Market, 2018 - 2021, USD Billion
TABLE 43 China IT Services Market, 2022 - 2028, USD Billion
TABLE 44 China IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 45 China IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 46 China IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 47 China IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 48 China IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 49 China IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 50 Japan IT Services Market, 2018 - 2021, USD Billion
TABLE 51 Japan IT Services Market, 2022 - 2028, USD Billion
TABLE 52 Japan IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 53 Japan IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 54 Japan IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 55 Japan IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 56 Japan IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 57 Japan IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 58 India IT Services Market, 2018 - 2021, USD Billion
TABLE 59 India IT Services Market, 2022 - 2028, USD Billion
TABLE 60 India IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 61 India IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 62 India IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 63 India IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 64 India IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 65 India IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 66 South Korea IT Services Market, 2018 - 2021, USD Billion
TABLE 67 South Korea IT Services Market, 2022 - 2028, USD Billion
TABLE 68 South Korea IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 69 South Korea IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 70 South Korea IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 71 South Korea IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 72 South Korea IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 73 South Korea IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 74 Singapore IT Services Market, 2018 - 2021, USD Billion
TABLE 75 Singapore IT Services Market, 2022 - 2028, USD Billion
TABLE 76 Singapore IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 77 Singapore IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 78 Singapore IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 79 Singapore IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 80 Singapore IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 81 Singapore IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 82 Malaysia IT Services Market, 2018 - 2021, USD Billion
TABLE 83 Malaysia IT Services Market, 2022 - 2028, USD Billion
TABLE 84 Malaysia IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 85 Malaysia IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 86 Malaysia IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 87 Malaysia IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 88 Malaysia IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 89 Malaysia IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 90 Rest of Asia Pacific IT Services Market, 2018 - 2021, USD Billion
TABLE 91 Rest of Asia Pacific IT Services Market, 2022 - 2028, USD Billion
TABLE 92 Rest of Asia Pacific IT Services Market by Type, 2018 - 2021, USD Billion
TABLE 93 Rest of Asia Pacific IT Services Market by Type, 2022 - 2028, USD Billion
TABLE 94 Rest of Asia Pacific IT Services Market by Enterprise Size, 2018 - 2021, USD Billion
TABLE 95 Rest of Asia Pacific IT Services Market by Enterprise Size, 2022 - 2028, USD Billion
TABLE 96 Rest of Asia Pacific IT Services Market by Industry, 2018 - 2021, USD Billion
TABLE 97 Rest of Asia Pacific IT Services Market by Industry, 2022 - 2028, USD Billion
TABLE 98 key information – Microsoft Corporation
TABLE 99 Key information – Accenture PLC
TABLE 100 Key Information – Tata Consultancy Services Ltd.
TABLE 101 Key Information – Wipro Limited
TABLE 102 Key Information – NTT Data Corporation
TABLE 103 Key information – IBM Corporation
TABLE 104 Key Information – Cognizant Technology Solutions Corporation
TABLE 105 Key Information – Infosys Limited
TABLE 106 key information – DXC Technology Company
TABLE 107 Key Information – Capgemini SE
TABLE 108 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.