Global IT Outsourcing Market Will Grow At A CAGR Of 4.41% During The Period 2016-2019

About IT Outsourcing

IT outsourcing is the process of subcontracting IT functions of an organization to a third-party vendor that has expertise in the required domains. It is an effective strategy to build a high-performance IT organization. IT outsourcing helps firms to increase their operational efficiency, concentrate on their core competencies, reduce time-to-market, obtain access to fresh talent and experience along with latest technologies, and build an economical cost structure in the long run. The demand for IT outsourcing comes primarily from the BFSI, Government, and Manufacturing sectors. Sectors such as Retail and Wholesale; Telecommunications; Energy, Utilities, and Chemicals; Electronics and Hi-tech; and Healthcare and Life Sciences also account for approximately less than 10 percent each. BFSI is the highest contributor to the global ITO market.

TechNavio's analysts forecast the Global IT Outsourcing in Capital markets to grow at a CAGR of 4.41 percent over the period 2014-2019.

Covered :

This report covers the present scenario and the growth prospects of the global IT Outsourcing in Capital markets for the period 2015-2019. The Global IT Outsourcing in Capital markets is categorized into two main segments: Application Outsourcing and Infrastructure Outsourcing.

TechNavio's report, Global IT Outsourcing in Capital Markets 2015-2019, has been prepared based
on an in-depth market analysis with inputs from industry experts. It covers the global IT Outsourcing in Capital markets and its growth prospects in the coming years. The report also includes a detailed discussion of the key vendors operating in this market.

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Key Vendors

    Accenture
    Cognizant Technology Solution
    IBM
    Tata Consultancy Services

Other Prominent Vendors

    Aegis
    Capgemini
    CGI Group
    CSC
    Dell
    EPAM
    FIS
    HCL
    Hexaware
    iGate Solutions
    Infosys
    ITC Infotech
    L&T Infotech
    Luxoft Holdings
    Mindtree
    Mphasis

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