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Outsourcing has become very popular in the IT world because of its benefits, such as cost-effectiveness and flexibility. It has removed the challenges and delays traditionally associated with in-house development.
Software development is commonly outsourced to vendors or separate contractors, as it speeds up development, provides access to specialists with the expertise you may not have on your in-house team, and is usually quite cheap.
Outsourcing software services are on the rise. According to a study by Computer Economics, large organizations have increased the percentage of their IT budgets spent on outsourcing from 6.3% to 8.7% this year. Medium-sized companies too increased their budgets from 4.7% to 6.5%. The use of software development outsourcing helps companies decrease costs and get their product to market faster, so it’s no wonder companies large and small are taking advantage of this trend.
According to this study, over the next five years the Software Outsourcing market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Software Outsourcing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Software Outsourcing market by product type, application, key companies and key regions.
This study considers the Software Outsourcing value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Infrastructure Outsourcing
Application Outsourcing
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Government
Enterprise
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Accenture
HCL Technologies
HPE
IBM
TCS
Oracle
Cognizant
Infosys
CapGemini
NTT Data
Sodexo
ACS
ISS
Bleum
Neusoft
Inspur
ValueCoders
Kanda
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Software Outsourcing market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Software Outsourcing market by identifying its various subsegments.
Focuses on the key global Software Outsourcing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Software Outsourcing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Software Outsourcing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Software Outsourcing Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Software Outsourcing Market Size 2014-2024
2.1.2 Software Outsourcing Market Size CAGR by Region
2.2 Software Outsourcing Segment by Type
2.2.1 Infrastructure Outsourcing
2.2.2 Application Outsourcing
2.3 Software Outsourcing Market Size by Type
2.3.1 Global Software Outsourcing Market Size Market Share by Type (2014-2019)
2.3.2 Global Software Outsourcing Market Size Growth Rate by Type (2014-2019)
2.4 Software Outsourcing Segment by Application
2.4.1 Government
2.4.2 Enterprise
2.4.3 Other
2.5 Software Outsourcing Market Size by Application
2.5.1 Global Software Outsourcing Market Size Market Share by Application (2014-2019)
2.5.2 Global Software Outsourcing Market Size Growth Rate by Application (2014-2019)
3 Global Software Outsourcing by Players
3.1 Global Software Outsourcing Market Size Market Share by Players
3.1.1 Global Software Outsourcing Market Size by Players (2017-2019)
3.1.2 Global Software Outsourcing Market Size Market Share by Players (2017-2019)
3.2 Global Software Outsourcing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Software Outsourcing by Regions
4.1 Software Outsourcing Market Size by Regions
4.2 Americas Software Outsourcing Market Size Growth
4.3 APAC Software Outsourcing Market Size Growth
4.4 Europe Software Outsourcing Market Size Growth
4.5 Middle East & Africa Software Outsourcing Market Size Growth
5 Americas
5.1 Americas Software Outsourcing Market Size by Countries
5.2 Americas Software Outsourcing Market Size by Type
5.3 Americas Software Outsourcing Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Software Outsourcing Market Size by Countries
6.2 APAC Software Outsourcing Market Size by Type
6.3 APAC Software Outsourcing Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Software Outsourcing by Countries
7.2 Europe Software Outsourcing Market Size by Type
7.3 Europe Software Outsourcing Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Software Outsourcing by Countries
8.2 Middle East & Africa Software Outsourcing Market Size by Type
8.3 Middle East & Africa Software Outsourcing Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Software Outsourcing Market Forecast
10.1 Global Software Outsourcing Market Size Forecast (2019-2024)
10.2 Global Software Outsourcing Forecast by Regions
10.2.1 Global Software Outsourcing Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Software Outsourcing Forecast by Type
10.8 Global Software Outsourcing Forecast by Application
11 Key Players Analysis
11.1 Accenture
11.1.1 Company Details
11.1.2 Software Outsourcing Product Offered
11.1.3 Accenture Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Accenture News
11.2 HCL Technologies
11.2.1 Company Details
11.2.2 Software Outsourcing Product Offered
11.2.3 HCL Technologies Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 HCL Technologies News
11.3 HPE
11.3.1 Company Details
11.3.2 Software Outsourcing Product Offered
11.3.3 HPE Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 HPE News
11.4 IBM
11.4.1 Company Details
11.4.2 Software Outsourcing Product Offered
11.4.3 IBM Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 IBM News
11.5 TCS
11.5.1 Company Details
11.5.2 Software Outsourcing Product Offered
11.5.3 TCS Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 TCS News
11.6 Oracle
11.6.1 Company Details
11.6.2 Software Outsourcing Product Offered
11.6.3 Oracle Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 Oracle News
11.7 Cognizant
11.7.1 Company Details
11.7.2 Software Outsourcing Product Offered
11.7.3 Cognizant Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Cognizant News
11.8 Infosys
11.8.1 Company Details
11.8.2 Software Outsourcing Product Offered
11.8.3 Infosys Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Infosys News
11.9 CapGemini
11.9.1 Company Details
11.9.2 Software Outsourcing Product Offered
11.9.3 CapGemini Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 CapGemini News
11.10 NTT Data
11.10.1 Company Details
11.10.2 Software Outsourcing Product Offered
11.10.3 NTT Data Software Outsourcing Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 NTT Data News
11.11 Sodexo
11.12 ACS
11.13 ISS
11.14 Bleum
11.15 Neusoft
11.16 Inspur
11.17 ValueCoders
11.18 Kanda
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Software Outsourcing
Figure Software Outsourcing Report Years Considered
Figure Market Research Methodology
Fig
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