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IT Services Market Insights - Spring 2025

Technology

Market Overview

IT Services

  • Outsized growth in demand driven by reroofing services on aging residential housing and commercial buildings, largely consisting of nondiscretionary spend to repair leaks, deterioration, and weather damage.
  • Regional brand name recognition, focused on quality service and strong online ratings to utilize in marketing campaigns, generating increased sales.
  • A fragmented landscape offers ripe value-creation opportunities through scaling, professionalization, and service line expansion

Industry Snapshot

$1.6T
Global IT services market in 2025

$591.3B
Projected IT outsourcing market in 2025

Strong M&A Activity
Driven by demand for AI, cloud, data analytics, and cybersecurity

Infographic showing key growth drivers for the IT consulting and outsourced services market, with a central circular chart surrounded by four icons representing digital transformation, cybersecurity, cloud migration, and talent shortage. Below is a bar chart titled "Global IT Services Market Size" showing year-over-year market growth from left to right in yellow and gray bars.