IT Services Outsourcing Market Growth & Trends
The global IT services outsourcing market size is estimated to reach USD 1,219.31 billion by 2030, expanding at a CAGR of 8.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising need to reduce operational costs and the lack of in-house information technology engineering talent are anticipated to drive the industry over the forecast period. The IT operations subcontracting industry is witnessing an upsurge in core information technology activities, not just to save capital, but to benefit from skilled and experienced professionals to deliver superior quality solutions.
A significant number of small-to-medium businesses are likely to fully outsource their IT operations owing to their constrained infrastructure capacities and agile methodologies. Rapid transformation of business models to keep pace with the emerging technologies, such as Artificial Intelligence (AI), Internet-of-Things (IoT), Robotic Process Automation (RPA), blockchain, and deep learning, are expected to drive the market. Onshoring of IT services as against offshoring is likely to grow at a considerable rate over the forecast period.
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This may be attributed to better reliability, control, responsiveness, market knowledge, and ease of communication. Companies have started subcontracting application development and maintenance services to onshore service providers to reduce hidden costs of offshoring. The industry is beholding new markets for subcontracting IT operations such that companies ensure focus on their core business and leverage advanced technologies with full capacity to manage the corporate environment. However, captive centers and data-security related concerns are a constant roadblock to the otherwise growing industry.
IT Services Outsourcing Market Report Highlights
IT Services Outsourcing Market Segmentation
Grand View Research has segmented the global IT services outsourcing market based on service, location, enterprise size, end use, and region:
IT Services Outsourcing Service Outlook (Revenue, USD Million, 2018 - 2030)
IT Services Outsourcing Location Outlook (Revenue, USD Million, 2018 - 2030)
IT Services Outsourcing Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
IT Services Outsourcing End Use Outlook (Revenue, USD Million, 2018 - 2030)
IT Services Outsourcing Regional Outlook (Revenue, USD Million, 2018 - 2030)
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