North America IT Services Market (2023-2029) | Size, Growth, COVID-19 IMPACT, Share, Companies, Value, Trends, Industry, Revenue, Forecast & Analysis

North America IT Services Market Highlights

Report Name	North America IT Services Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate	7.70%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Vertical, By Business Function, By Deployment Mode, By Organization Size, By Service Type
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

 

Topics Covered in North America IT Services Market Report

North America IT Services Market Report thoroughly covers the market by country, verticals, business function, development mode, organisation size and service type. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America IT Services Market Synopsis

North America IT Services Market is expected to grow in the forecast period on account of increasing digital transformation in various industries. The growing dependency on remote work and the need to secure and optimize remote IT infrastructures have fuelled demand for IT services across sectors

According to 6Wresearch, the North America IT Services Market size is projected to grow by 7.70% resulting in a market volume of  US$685.90bn during 2023-2029. The market is propelled by the various factors. The digital transformation across industries is a significant driver for the growth of the market. The healthcare sector is a key driver due to increasing investment in healthcare IT services to enhance patient care, electronic health records (EHR) management, and telehealth solutions. There is a major need for cybersecurity and this factor is a compelling driver in the North America IT services market 2023.  With the surge in cyber threats and data breaches, organizations are investing significantly in cybersecurity services to protect their sensitive information and maintain business continuity. Various challenges are hampering the growth of the market. There is intense competition among IT service providers which has led to pricing pressures and the need for innovation and service quality. Cybersecurity threats continue to evolve, requiring constant vigilance and investment in robust cybersecurity measures to protect crucial data and systems.

COVID-19 Impact on North America IT Services Market

The COVID-19 pandemic significantly impacted the North America IT Services Industry. IT service providers played a critical role in helping organizations adapt to the new normal which was a critical requirement in the uncertain times. The ‘new normal’ required rapid deployment of remote infrastructure, cybersecurity solutions, and cloud-based collaboration tools. The pandemic also posed challenges such as delayed projects, constraints in budget, and supply chain disruptions. Despite these challenges, the crisis highlighted the essential nature of IT services and rapid digital transformation initiatives across industries, from healthcare to finance.

North America IT Services Market Forecast

The forecast of the market seems promising and dynamic. Several key factors are expected to fuel its expansion in the forthcoming years. The accelerated pace of digital transformation across industries will continue to fuel demand for IT services, including cloud computing, data analytics, and cybersecurity. Secondly, the ongoing adoption of remote work and hybrid work models will necessitate robust IT infrastructure and support, creating opportunities for managed IT service providers. Emerging technology such as artificial intelligence (AI) will drive innovation and the need for specialized IT solutions

North America IT Services Market: Key Players

These are the notable players in the IT services market In North America that have contributed towards the various industries, digitally.

• IBM (International Business Machines Corporation)
• Accenture
• Cognizant
• Hewlett Packard Enterprise (HPE)
• Microsoft Corporation
• Oracle Corporation
• Dell Technologies
• Tata Consultancy Services (TCS)
• Infosys
• Capgemini
• Wipro
• DXC Technology
• HCL Technologies

Market by Country

The United States is expected to increase North America IT Services Market share in the forecast year due to the presence of diverse industries and government sectors continually investing in IT services to drive innovation and efficiency.

Market by verticals

Government agencies and the defence sector use IT services for data security, modernization, and digital transformation and this crucial factor will lead to North America IT Services Market Growth.

Market by Business Function

According to Dhaval, Research Manager, 6Wresearch, the human resource, finance and accounting segment is expected to dominate the market on account of the use of services in various applications of these domains.

Market By Organisation Sites

Based on organisation sites, the market is segmented into Large Enterprises, Small and Medium Enterprises (SMEs). Large organizations are expected to dominate the market as they invest majorly in IT services to support complex tasks and digital initiatives.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America IT Services Market Outlook
• Market Size of North America IT Services Market, 2022
• Forecast of North America IT Services Market, 2029
• Historical Data and Forecast of North America IT Services Revenues & Volume for the Period 2019 - 2029
• North America IT Services Market Trend Evolution
• North America IT Services Market Drivers and Challenges
• North America IT Services Price Trends
• North America IT Services Porter's Five Forces
• North America IT Services Industry Life Cycle
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Government and defense for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Banking, Financial Services, and Insurance (BFSI) for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Healthcare for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Media and entertainment for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Consumer goods and retail for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By IT and telecom for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Government and defense for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Banking, Financial Services, and Insurance (BFSI) for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Healthcare for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Media and entertainment for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Consumer goods and retail for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By IT and telecom for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Government and defense for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Banking, Financial Services, and Insurance (BFSI) for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Healthcare for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Media and entertainment for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Consumer goods and retail for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By IT and telecom for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Business Function for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Human Resources for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Finance and Accounting for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Sales and Marketing for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Supply Chain Management for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Operations and Support for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Business Function for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Human Resources for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Finance and Accounting for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Sales and Marketing for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Supply Chain Management for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Operations and Support for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Business Function for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Human Resources for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Finance and Accounting for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Sales and Marketing for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Supply Chain Management for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Operations and Support for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Manufacturing for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Large enterprises for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Small and Medium Enterprises (SMEs) for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Large enterprises for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Small and Medium Enterprises (SMEs) for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Large enterprises for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Small and Medium Enterprises (SMEs) for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Service Type for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Professional services for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Managed services for the Period 2019 - 2029
• Historical Data and Forecast of North America IT Services Market Revenues & Volume By Telecom services for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Service Type for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Professional services for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Managed services for the Period 2019 - 2029
• Historical Data and Forecast of United States IT Services Market Revenues & Volume By Telecom services for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Service Type for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Professional services for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Managed services for the Period 2019 - 2029
• Historical Data and Forecast of Canada IT Services Market Revenues & Volume By Telecom services for the Period 2019 - 2029
• North America IT Services Market - Key Performance Indicators
• North America IT Services Market - Import Export Trade Statistics
• North America IT Services Market - Opportunity Assessment By Countries
• North America IT Services Market - Opportunity Assessment By Vertical
• North America IT Services Market - Opportunity Assessment By Business Function
• North America IT Services Market - Opportunity Assessment By Deployment Mode
• North America IT Services Market - Opportunity Assessment By Organization Size
• North America IT Services Market - Opportunity Assessment By Service Type
• North America IT Services Market - Top Companies Market Share
• North America IT Services Market - Top Companies Profiles
• North America IT Services Market - Comparison of Players in Technical and Operating Parameters
• North America IT Services Market - Strategic Recommendations.

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Country

• United States
• Canada

By Verticals

• Government And Defense
•  Banking
•  Financial Services, And Insurance (BFSI)
•  Healthcare,
•  Media And Entertainment
• Consumer Goods And Retail, IT And Telecom

By Business Function

• Human Resources
•  Finance And Accounting
• Sales And Marketing
• Supply Chain Management
• Operations And Support
• Manufacturing

By Development Mode

• On-Premises
• Cloud

By Organisation Size

• Large Enterprises
• Small and Medium Enterprises (SMEs)

By Service Type

• Professional Services
• Managed Services
• Telecom Services