Technology needs to rely on IT services so that it can be squeezed by companies. And this trend is reflected in the increasing business that this business niche is experiencing, especially from specialized suppliers and partners.
Despite the tensions experienced last year in the technology sector, the IT services area grew by 4.6% in 2023, according to IDC’s balance sheet. This meant a global volume of 1.22 trillion (millions of millions) of dollars.
The increase in this segment will continue to be active in the coming years, with a level of 4.1% year-on-year increase, according to the consulting firm’s forecasts.
The push for migration towards cloud solutions and the digital transformation of companies is creating a perfect breeding ground for the rise of this business. Managed or support IT services are the most requested by companies. Outsourcing options, BPO or network or networking services also performed well. In the case of those associated with projects, their demand was slightly lower in 2023.
2024, more innovative services
During this year, IT services could reach a business of 1.28 trillion (millions of millions) dollars, 4.7% more in its interannual rate in line with what is marked for the coming years.
The increase in demand for IT services will be especially pronounced in the EMEA region
The increase in demand for IT services will be especially pronounced in the EMEA region. In fact, growth will be much higher than expected in Asia-Pacific, America or even the rate of increase expected for the entire world.
With the trend towards services and technology management by specialized partners, the IT services business will experience a period of splendor. A bright future that, in the EMEA region and specifically in Spain, has only just begun. Prepared?