Press Release
Cloud and AI Propel Global IT Services Growth Worldwide
Pune, India – November 13, 2025: Global Data Route Analytics reports that the global IT services market continues to experience massive momentum, expanding from nearly USD 1.52 trillion in 2024 and projected to exceed USD 2.57 trillion by 2030. This reflects the sector’s essential role in driving enterprise transformation and next-generation business operations worldwide.
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CAGR Driven by Cloud, Automation, and AI
The market is forecast to grow at a compound annual growth rate (CAGR) of 9.3% between 2024 and 2030, powered by accelerated adoption of cloud computing, intelligent automation, and artificial intelligence (AI). Enterprises are leveraging these advanced technologies to enhance operational agility, scalability, and efficiency, fueling unprecedented global demand for IT services.
Digital-First Business Strategies Fuel Global Demand
As digital-first strategies dominate corporate agendas, organizations are prioritizing scalable IT solutions — from managed services and cloud infrastructure modernization to data analytics, AI integration, and cybersecurity. This surge is opening new opportunities for providers offering cloud-native and AI-embedded solutions, particularly across sectors undergoing rapid digital transformation.
Market Segmentation Highlights
The Global IT Services Industry encompasses a broad spectrum of offerings:
- By Service Type: Managed Services, Consulting & Advisory, Cloud Services, Application Development, Infrastructure, Data Analytics & AI, Cybersecurity, and BPO.
- By Deployment Mode: On-Premises, Cloud-Based, and Hybrid.
- By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa — with leading growth markets in the U.S., India, China, Germany, and the UAE.
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Leading Industry Participants
Prominent players shaping the global IT services landscape include Accenture Plc, IBM Corporation, Tata Consultancy Services (TCS), Capgemini SE, Infosys Limited, Cognizant, Wipro, Hewlett Packard Enterprise (HPE), DXC Technology, Fujitsu Ltd., HCL Technologies, Atos SE, Oracle Corporation, SAP SE, Tech Mahindra, Amazon Web Services (AWS), Google Cloud (Alphabet Inc.), and Microsoft Corporation (Azure).
Comprehensive Market Analysis
The full report provides a detailed examination of industry dynamics, including:
- Market Drivers, Restraints, and Opportunities
- Regional Growth Outlook
- Competitive Landscape
- Strategic Recommendations for Stakeholders
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About Global Data Route Analytics
Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.
Media Contact:
Srushti Tungar
Global Data Route Analytics