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UK IT Services Market Expected to Grow from Around $63 Billion by 2020

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UK IT Services Market: Size, Trends & Forecasts (2017-2021) provides an in-depth analysis of the US appraisal market by value, by volume, by segments, by number of AMCs, appraiser’s tenure, etc. The report also gives an insight of the Canada addressable appraisal market opportunity.

On the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

This report provides a detailed analysis of the IT Services market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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Essential points covered in UK IT Services Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the UK IT Services market?
  • What are the key market trends impacting the growth of the UK IT Services market?
  • What are the challenges to market growth?
  • Who are the key vendors in the UK IT Services market?
  • What are the market opportunities and threats faced by the vendors in the UK IT Services market?
  • What are the key outcomes of the five forces analysis of the UK IT Services market?

This independent 104 pages report guarantees you will remain better informed than your competition. With over 175 tables and figures examining the IT Services market, the report gives you a visual, one-stop breakdown of the leading products, sub market and market leader’s market revenue forecasts as well as analysis to 2021.

Furthermore, the report provides a detailed analysis of the UK IT Services market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.The report also includes a detailed analysis of the UK IT Services market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

The UK�s IT services market is the third largest in the world. It currently has about 6% share of the global IT services market. The market value of IT services accounts for around 31% of the overall IT market in the UK. The IT services market is expected to grow at a CAGR of around 3% in the forecast period. This is mainly due to the growing demand for cloud services and advanced connected device technology from the country�s enterprises as well as high earning and aware population. The Cloud Industry Forum estimates that at least four in every five organizations based in the UK have adopted at least one cloud service. According to the study, approximately 84% of companies in the country have an operating cloud-based host.

The market segments in the information technology services sector as of 2016 were Hardware Support Services, Software and BPO Services, and Cloud Services.

A large proportion of the UK�s population has access to social media and uses it on a daily basis. Around 42 million adults used internet daily in Great Britain 2016, compared with 39 million in 2015. In 2016, around 23.5 million households had internet access. Almost all households with children have an internet connection. In 2016, the social media penetration reached 59% while the global average was around 31%. According to TechMarketView, major IT services companies in the UK include HP, Capita, Capgemini, IBM and Accenture.

The UK information technology services market is expected to grow from around $55 billion in 2016 to around $63 billion in 2020. A large proportion of the UK�s population has access to social media and uses it on a daily basis. Around 42 million adults used internet daily in Great Britain 2016, compared with around 39.3 million in 2015. In 2016, around 23.7 million households had internet access. Almost all households with children have an internet connection. In 2016, the social media penetration reached 59% while the global average was 31%.
Products Mentioned in the report (If applicable) –
Hardware Support Services, Software And BPO Services, Cloud Services Companies Mentioned in the report (If applicable)
IBM, Accenture, HPE, Microsoft, SAP, Fujitsu, TCS, Oracle, NTT data ,CapGemini, Infosys Ltd, and Wipro Limited.

Browse Full Report at: https://www.marketinsightsreports.com/reports/120484275/uk-it-services-market-report-2017-including-hardware-support-services-software-and-bpo-services-cloud-services-covering-ibm-accenture-hpe-microsoft-sap-fujitsu-tcs-oracle-and-ntt-data  

The IT Services market is expected to increase due to growth in GDP per-capita, international tourism, etc. Yet, the market faces some challenges such as, UK economic downturn, high probability of terror attack, etc. The UK IT Services market is expected to grow at a healthy rate during the forecast period (2017-2021). The growth is expected on account of many factors, such as an increase in disposable income, increasing international inbound and outbound tourism and aging demography.

However, the market also faces some challenges, which includes increase in the number of terror attacks, heavy taxes imposed on the tour operators and seasonality dependence. Digital travel, evolution of eco-tourism and rise of adventure tourism are some of the latest trends in the UK IT Services market.

The report provides a basic overview of the IT Services industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on UK major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the IT Services industry development trends and marketing channels are analyzed.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of IT Services on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of IT Services Market and assist manufacturers and investment organization to better grasp the development course of IT Services Market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.