GITNUX MARKETDATA REPORT 2024

It Infrastructure Services Industry Statistics

The IT Infrastructure Services Industry is projected to see steady growth in revenue and market share over the next few years.

Statistic 1

"The global IT Infrastructure Services market size is projected to reach USD 1,237.8 million by 2027, from USD 762.9 million in 2020"

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Statistic 2

"North America has the highest adoption rate of IT infrastructure services due to the presence of a large number of IT companies."

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Statistic 3

"The IT services market in the Asia-Pacific region is expected to grow at a CAGR of around 8% from 2020 to 2027."

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Statistic 4

"74% of tech CFOs expect cloud infrastructure to have significant revenue impact."

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Statistic 5

"Digital transformation investments will reach $6.8 trillion by 2023."

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Statistic 6

"IT services and software will together constitute 50% of tech budget by 2021."

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Statistic 7

"The global managed IT services market is expected to reach $329.1 billion by 2025."

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Statistic 8

"IT services had the maximum share of 31.7% of the global IT market in 2019."

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Statistic 9

"India, Ireland, and Israel are among the top countries known for IT services exporting."

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Statistic 10

"IT Infrastructure Services accounted for 18% of the total IT services revenue."

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Statistic 11

"IT outsourcing was 8.5% of overall IT spending in 2021."

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Statistic 12

"In 2022, organizations are expected to spend more than $655 billion on cybersecurity."

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Statistic 13

"IT services industry is expected to reach a value of nearly $3.650.1 billion by 2023."

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Statistic 14

"Business investments in IT services will exceed $1.29 trillion by 2023."

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Statistic 15

"The annual global spending on cloud services will reach $1.3 trillion by 2025."

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