- Analysis of information technology industry in usa full#
- Analysis of information technology industry in usa software#
Of the total revenue, about 80% is contributed by 200 large and medium players.
Large players with a wider range of capabilities are gaining ground as they move from being simple maintenance providers to full service players, offering infrastructure, system integration and consulting services. Export revenue from the digital segment already forms about 20% of the industry’s total export revenue. Social media, Mobility, Analytics, and Cloud Computing (SMAC) is leading digitization of the entire business model of the sector. India accounts for approximately 55% market share of the US$ 200-250 billion global services sourcing business. IT services in India is cost a fraction (about 20%) of what they cost in the United States, which makes India a preferred destination for IT sourcing. Indian companies have setup over 1000 global delivery centers in about 80 countries over the world to cater to the respective local markets. However, there is a growing demand from APAC, Latin America, and Middle East Asia regions. 
UK and US are the leading consumer markets for the sector with a combined share of 80%. IT Services account for 51% of the total revenue of the sector, with BFSI (Banking, Financial Services and Insurance) being the key vertical. India's IT industry can be divided into four main segments - IT services, Business Process Management, Software Products and Engineering Services, and Hardware.15 Mistakes to Avoid while Investing in Stock MarketsĪct Now: Last Day to Get Details of 3 Must Buy EV Stocks.10 Rules for Successful Long-Term Investing.Your Ultimate Guide to Penny Stock Investing.(Please do not use this option on a public machine)
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