Worldwide Public Cloud Services Market Totaled $312 ... IT Services Outsourcing Market Size | Industry Report ... PDF IT ITES May 2020 - IBEF Public cloud services growth 2019-2022 | Statista Get more details on this report - Request Free Sample PDF. PDF Workspace services global market trends for 2020: The ... Salesforce comes next with 12% SaaS market share and annual growth of 21%. Shifting patterns in trade 32 As a notable achievement in the financial-services world, the insurance industry has grown economically stronger in the past two decades after sustaining $45 billion (2020 prices) in insured losses from the terrorist attacks of September 11, 2001—then the costliest event in the history of insurance globally. This study presents historical revenue data (2009, 2014, and 2019) and forecasts for 2024 by service, market and major region. World merchandise exports fell 3 per cent to US$ 18.89 trillion. Global IaaS and PaaS hyperscaler market share 2020-2021, by vendor Global top 10 cloud vendors by total revenue in fiscal quarter in mid-2021 Top 15 public SaaS companies on United States stock . PDF Pharmaceuticals November 2020 - IBEF The global IT services outsourcing market size was valued at USD 520.74 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2020 to 2027. Cloud Market Share - a Look at the Cloud Ecosystem in 2021 Contact Center as a Service Market Size Report, 2020-2027 Microsoft continues to gain market share, primarily due to its dominance in the high- growth collaboration segment. Renewable Energy Market Size, Share Analysis | Growth ... In particular, China (at 4.9%) and Europe (at 3.5%) achieved new records in electric vehicle market share in 2019. Big data is a large volume of both structured and unstructured data sets that inundates businesses. Renewable Energy Market Outlook - 2030. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026. Due to nationwide lockdown, people stay home, and some turn to game platforms to pass the time. Europe Cloud Computing Market size exceeded USD 35 billion in 2020 and is expected to grow at 15% CAGR between 2021 and 2028. Combined, these SaaS vendors account for 51% of the worldwide SaaS cloud market share. In terms of FDI inflow, the computer software and hardware sector attract the second-highest FDI. Particularly in 2020, Samsung said they will invest an additional $300 million in R&D in the Hanoi, and needs 4,000 more IT employees in the near future. Microsoft continues to gain market share, primarily due to its dominance in the high- growth collaboration segment. The global business intelligence market is predicted to expand from $23.1 billion in 2020 to reach $33.3 billion by 2025, with a 7.6% CAGR. A shock to the world at large. India acquired a share of around 38 per cent in the overall BPM sourcing market. The worldwide infrastructure as a service (IaaS) market grew 40.7% in 2020 to total $64.3 billion, up from $45.7 billion in 2019, according to Gartner, Inc. Amazon retained the No. Telemedicine Market size surpassed USD 60.9 billion in 2020 and is estimated to grow at 18.2% between 2021 and 2027. Global Payments . GLOBAL EU LATAM ASIA U.S. MIDDLE EAST & NORTH AFRICA 2017 2018 CHANGING ECONOMIC CONDITIONS WILL HELP PRIVATE LABEL GROW According to IMF's new World Economic Outlook, global GDP growth is expected to rise from 3.1% in 2016 to 3.5% in 2017 and 3.6% in 2018. Global Cloud Migration Services Market (2020 to 2027) - by Service Type, Application, Organization Size, Deployment Mode and Industry Vertical PRESS RELEASE PR Newswire Nov. 20, 2020, 09:30 AM It is expected to expand at a compound annual growth rate (CAGR) of 20.3% from 2021 to 2028. Task 1 Strategic PV Analysis and Outreach - 2020 Snapshot of Global PV Markets 6 EXECUTIVE SUMMARY After a year of market stabilization, preliminary reported market data shows a global annual PV market at a slightly higher level than 2018 and 2017. The global sourcing market in India continues to grow at a higher pace compared to the IT-BPM industry. Indiahe leading sourcing destination is t across the world, accounting for approximately 55 per cent market share of the US$ 185-190 billion global services sourcing business in FY19. (MarketsandMarkets, 2020) Meanwhile, the global mobile business intelligence market was valued at $8.8 billion in 2020 and is expected to reach $29.6 billion by 2027, at an 18.9% CAGR. Telecom services is the largest segment of the global information technology (IT) market in 2021, with a 25 percent share of the market. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. The source of funds for new digital business initiatives will more frequently come from business departments outside IT and charged as a cost of revenue or cost of goods sold (COGS). Increasing prevalence of chronic disease and growing need for patient management will positively influence the market revenue. Market Research Report Summary. Hindustan Computers Limited (HCL), one of India's 3 largest IT companies (Top 5 World KEY MARKET INSIGHTS. beyond. Figure 2: Market size for IT services sector, 2015-25 (prepared on 5 March 2021) Major areas of activity. As per enterprise application market forecast the post COVID-19, the enterprise application market size was valued at $ 238.36 Billion in 2021 and is projected to reach $ 527.40 Billion by 2030, growing at a CAGR of 8.2% from 2020 to 2030. Get more information on this report : Request Sample Pages Impact of COVID-19 on the Enterprise application market trends. It covers Global market data and forecasts. The 2020 workspace services global market report finds that Citrix Service Provider partners have continued focus on increased market adoption of Citrix Cloud, vertical markets, and service portfolio expansion with new Citrix and Microsoft offerings. World commercial services exports increased by 2 per cent to US$ 6.07 trillion but the pace of growth was down sharply from the 9 per cent recorded in 2018. Managed Services Market size was valued at USD 152.05 billion in 2020, and is projected to reach USD 274.20 billion by 2026, growing at a CAGR of 11.2% during the forecast period. Also, growing telecommunications network and reduction in healthcare cost will drive the industry growth. Gartner forecasts that the ERP market will be worth $44 billion by 20222. The largest market is North America, while the fastest growing market is Asia Pacific. The global contact center as a service (CCaaS) market size was USD 3.07 billion in 2019 and is projected to reach USD 10.06 billion by 2027, exhibiting a CAGR of 16.1% during the forecast period. Renewable energy, even referred as clean energy, is usually derived from natural sources that are constantly replenished. Increasing demand for digital transformation of various industries across the region is likely to drive the industry demand. The cloud is the foundation of a modern ERP. World trade and GDP, 2019-20 16 World trade and GDP 18 Merchandise trade volume 19 Primary commodity prices 21 Exchange rates 22 Value of world trade 23 COVID-19 and trade 26 Outlook for 2020 29 IV. Global IaaS and PaaS hyperscaler market share 2020-2021, by vendor Global top 10 cloud vendors by total revenue in fiscal quarter in mid-2021 Top 15 public SaaS companies on United States stock . The global impact of COVID-19 has been unprecedented and staggering, with this market witnessing a negative impact on demand across all regions amid the pandemic. Global Legal Services Market, 2020 - 2025, Growth and Market Share Comparison, By Region 19.4. Combined, these SaaS vendors account for 51% of the worldwide SaaS cloud market share. The global gaming market (hereafter referred to as the market studied) was valued at USD 173.70 billion in 2020, and it is expected to reach a value of USD 314.40 billion by 2026, registering a CAGR of 9.64% over 2021-2026. Global Private Cloud Services Market Research Report 2020-2024 report is published on May 1, 2020 and has 154 pages in it. The global contactless payment market size was valued at USD 1.34 trillion in 2020. Global Private Cloud Services Market Research Report 2020-2024 report is published on May 1, 2020 and has 154 pages in it. GDP growth turned negative in the first quarter of 2020 for the United States (-1.2 per cent), From 2018 to 2021, telecom services saw a five percent drop . Telemedicine Market size surpassed USD 60.9 billion in 2020 and is estimated to grow at 18.2% between 2021 and 2027. Figure 3 presents the number of dialysis clinics owned by the major providers of dialysis services in the United States as of January 2020, with market share concentrated among two largest providers. domestic generic drug market is expected to reach US$ 27.9 billion in 2020 Dueheir competence to t in generic drugs, growth in this market offers a great opportunity for Indian firms Based on moving annual turnover, Anti-Infectives (13.6%), Cardiac (12.4%), Gastro Intestinals (11.5%) had the biggest market share in It was expected that the public cloud SaaS market would reach 157 billion U.S. dollars in size in 2020, more than doubling the market size in 2014 (see graph below). The global renewable energy market was valued at $881.7billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030. And that growth shows no sign of slowing. Listen to Audio Version. Global Legal Services Market, By Country, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value . "Hyperscale providers are continuing to build distributed cloud and edge solutions that extend the public cloud's reach . This is a market that continues to change and grow at speed. The country has large share of windows 7 users as of January 2020. World exports of commercial services 2019 13 The world's leading traders 14 Least-developed countries 15 III. IBM is positioned in the Leaders category in the 2020 IDC MarketScape for worldwide bl ockchain services. Shifting patterns in trade 32 Based on our analysis, the global market exhibited a lower growth of 9.8% in 2020 compared to the average year . While traditional ICT spending is forecast to broadly track GDP growth over the next decade, the overall industry will be catapulted back to growth of more than 2x GDP as new technologies begin to account for a larger share of the market. [246 Pages Report] The global 5G Services Market size is expected to grow from USD 53.0 billion in 2020 to USD 249.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.4% during the forecast period. 2 United States Renal Data System Annual 2018 Report, ESRD_Ref_B_Prevalence_2018, last accessed February 4, 2020 from: https://www.usrds. Also, growing telecommunications network and reduction in healthcare cost will drive the industry growth. Vietnam's wave of foreign investment in 2020. While this year's growth is somewhat slower than previous years due to the economic impact of COVID-19, International Data Corporation believes investment in AI will . In looking through Nielsen's recent global Consumer Confidence Index Rapid centralization and digitization of business processes to streamline all operations into a single platform are expected to drive industry growth. 2020: Transformation and Convergence. KPMG is a global network of professional firms providing Audit, Tax, Legal and Advisory services. For the full year, revenues were up 14.0%, giving the company 6 . The following pages conjure a vision of the payments landscape in 2020 and . The growth is mainly due to the . The IT services market grew 1.7% in U.S. dollars in 2020 and while market growth was stable, vendor revenue performance varied greatly. The global hospitality market is expected to grow from $3486.77 billion in 2020 to $4132.5 billion in 2021 at a compound annual growth rate (CAGR) of 18.5%. System Integration Market size worth around USD 330 billion in 2020 and is set to grow at 8.5% CAGR between 2021 and 2027. In 2020, IBM doubled down on Red Hat and is spinning of its managed services unit in 2021. Global IT Services Market size is expected to reach $1123.57 billion by 2025, growing at a CAGR of 8.02% during 2020-2025. Ubiquiti enterprise WLAN revenues increased 37.5% year over year in 4Q20 and rose 22.3% for the full year, giving the company 8.4% market share. The 2020 workspace services global market report finds that Citrix Service Provider partners have continued focus on increased market adoption of Citrix Cloud, vertical markets, and service portfolio expansion with new Citrix and Microsoft offerings. Figures for cases and deaths are per month worldwide and expressed relative to their respective values for February 2020. The SaaS market is dominated by five key vendors. Huawei had a strong fourth quarter with revenues rising 27.2% year over year. The global insurtech market size was valued at USD 2.72 billion in 2020. Market share of public cloud IaaS, SISaaS & PaaS vendors worldwide 2019-2020 Global cloud IaaS/PaaS vendor revenue share 2018-2021 Leading cloud provider for cloud on-ramps in data centers . In terms of server class, volume server revenue was . It covers Global market data and forecasts. The growing demand for advanced technology, such as the Internet of Things (IoT), across businesses and enterprises, is promoting the adoption of connected devices as well as data-rich and analytics solutions Citrix partners, who deliver workspace services, see 2020 as a year of growth through new The growth can be attributed to the increasing adoption of digital payment platforms across the globe This market research report provides information about Telecom Infrastructure & Networks, Telecom industry. Management for Europe, the Middle East and Africa, Treasury Services, BNY Mellon. DOWNLOAD PDF. Accenture is positioned in the Leaders category in this IDC MarketScape on worldwide business consulting services for 2020, based on IDC analysis and customer feedback. We operate in 154 countries and have over 200,000 professionals working in member firms around the world. The security consulting services market grew 6.8% reaching $22.9 billion in 2019, from $21.4 billion in 2018. The Managed Services Market is segmented by Deployment, Type, End-user Vertical, and Geography. At least 114,9 GW of PV systems have been installed and commissioned in the world last year. Major factors that are expected to drive the growth of the managed services market include lack . Followed closely by FRAMINGHAM, Mass., September 8, 2020 - According to the International Data Corporation Worldwide Quarterly Server Tracker, vendor revenue in the worldwide server market grew 19.8% year over year to $24.0 billion during the second quarter of 2020 (2Q20).Worldwide server shipments grew 18.4% year over year to nearly 3.2 million units in 2Q20. The market capitalisation of the Global Top 100 companies (as at March 2021) increased by 48% ($10.3tn) to $31.7tn from 31 March 2020 to 31 March 2021. This report analyses the position of the Global Top 100 Companies and highlights the remarkable changes in the composition of the list, comparing the Global Top 100 Companies by market . World exports of commercial services 2019 13 The world's leading traders 14 Least-developed countries 15 III. The company's market share remained at 13.5% to close 2020. The transformation to the 5G ecosystem is expected to witness 3-4 times faster growth rate than other connectivity . World trade and GDP, 2019-20 16 World trade and GDP 18 Merchandise trade volume 19 Primary commodity prices 21 Exchange rates 22 Value of world trade 23 COVID-19 and trade 26 Outlook for 2020 29 IV. India acquired a share of around 38 per cent in the overall BPM sourcing market. The rising competition to retain customers is driving the adoption of the contact center as a service. Against this backdrop of sluggish sales in 2019, the 2.6% market share of electric cars in worldwide car sales constitutes a record. Figure 3: Segmentation of IT services, by activity, 2015-25 (prepared on 5 March 2021) IT consultancy. DOWNLOAD PDF. In 2019, Deployment of IT for network management have become the best practices to bring and automate all business operations into a single and simple solution. Market Overview. the worldwide SaaS cloud market share. Global Food as Medicine Market accounted for US$ 21.12 billion in 2020 and is estimated to be US$ 35.26 billion by 2030 and is anticipated to register a CAGR of 5.30%. Here's the setup for IBM going into 2021: IBM builds out executive team for managed services spin-off company Forecast Overview. The COVID-19 crisis impacted several VR tech companies. The growing popularity of cloud based software and rising concern to automate business processes are . Citrix partners, who deliver workspace services, see 2020 as a year of growth through new 100 120 140 160 180 200 220 240 260 280 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20. Overview. Purchase subsidies were reduced in key markets. The global online food delivery market reached a value of US$ 107.4 Billion in 2020. Digital Lending Platform Market size exceeded USD 5 billion in 2020 and is set to grow at a CAGR of over 20% between 2021 and 2027. NEEDHAM, Mass., May 13, 2021 - The worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 24.1% year over year in 2020 with revenues totaling $312 billion, according to the International Data Corporation Worldwide Semiannual Public Cloud . Oct-20. This report enables a year over year comparison of revenue performance and market share of the top providers. The IT industry accounted for 8% of India's GDP in 2020. Within this, we lower our recorded music market forecast by 8% to US$20.8 bn, publishing market forecast by 5% to US$6.0 bn and live music forecast by 76% to US$7.0 bn. 1 position in the IaaS market in 2020, followed by Microsoft, Alibaba, Google and Huawei. Global IaaS and PaaS hyperscaler market share 2020-2021, by vendor Global top 10 cloud vendors by total revenue in fiscal quarter in mid-2021 Top 15 public SaaS companies on United States stock . We believe that the world of payments is going to be fundamentally IBM Blockchain Services has introduced methods and best practices to bring blockchain ecosystem players together quickly and effectively for a business return producing network of networks, The global managed services market size was USD 219.59 billion in 2020. Services 2019-2020 Vendor Assessment Courtney Munroe THIS IDC MARKETSCAPE EXCERPT FEATURES NTT GLOBAL DATA CENTER DIVISION IDC MARKETSCAPE FIGURE FIGURE 1 IDC MarketScape Worldwide Colocation and Interconnection Services Vendor Assessment Source: IDC, 2019 Please see the Appendix for detailed methodology, market definition, and scoring criteria. Published: 08 April 2021. Leading the way is Microsoft, with a 17% market share and impressive annual growth of 34%. The number of global virtual reality device shipments was 13.48 million units in 2020, and it is expected to reach a volume of 112.62 million units by 2026, registering a CAGR of 33.85% over the forecast period (2021-2026). Listen to Audio Version. METHODOLOGY. By Dominic Broom, Head of Sales and Relationship . The World Payments Report 2021 explores Payments 4.X - an experience-driven environment that's witnessing even more industry consolidation and attracting tech-expert ecosystem players. FRAMINGHAM, Mass., August 4, 2020 - Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, an increase of 12.3% over 2019. [323 Pages Report] The global Managed Services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period, to reach USD 354.8 billion by 2026 from USD 242.9 billion in 2021. The global energy management system market size was USD 19.96 billion in 2019 and is projected to reach USD 41.97 billion by 2027, exhibiting a CAGR of 9.9% during the forecast period. This market research report provides information about Telecom Infrastructure & Networks, Telecom industry. India is the leading sourcing destination across the world, accounting for approximately 55% market share of the US$ 200-250 billion global services sourcing business in 2019-20. The increasing need for digitization of insurance services is expected to propel the market growth Microsoft continues to gain market share, primarily due to its dominance in the high- growth collaboration segment. Discover how the customers' growing digital appetite is shaping the payments industry and what is the way forward to succeed in the new Payments 4.X era. According to Gartner research, "the ERP software market grew 10 per cent to a global market value of $35 billion in 2018"1. Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by Gartner, Inc. Indiahe leading sourcing destination is t across the world, accounting for approximately 55 per cent market share of the US$ 185-190 billion global services sourcing business in FY19. This was 0.8 percentage points higher than the forecasted growth of 6.0%. on the live music segment. Various government agencies across the EU have invested heftily in cloud computing initiatives . This report enables a comparison of 2020 revenue performance and market share rankings for more than 250 IT services providers. Positive cases Deaths. Foreword. The global managed services market is valued at 152.02 billion U.S. dollars in 2020. The global digital transformation market size was valued at USD 336.14 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 23.6% from 2021 to 2028. Leading the way is Microsoft, with a 17% market share and impressive annual growth of 34%. Market Research Report Summary. We now expect global music industry revenues to fall by 25% yoy in 2020, mainly driven by a 75% yoy decline in live, while we forecast recorded Figure 4: Segmentation of IT consultancy activity, 2020 (£ billion) Outsourcing and services. Talking about the SaaS market size from a global perspective - it continues to enjoy robust growth, with the sector seen to reach a total value of $623.3 billion by the year 2020 . Increasing adoption of internet services and the changing customer requirements, which have encouraged financial institutes to move toward the digital business model is likely to drive the industry growth. Leading the way is Microsoft, with a 17% market share and impressive annual growth of 34%. Increasing prevalence of chronic disease and growing need for patient management will positively influence the market revenue. It is expected to expand at a compound annual growth rate (CAGR) of 48.8% from 2021 to 2028. The IT-BPM industry's (excluding hardware and e-commerce) total revenue stood at $175 bn in 2019-20. The SaaS market is dominated by five key vendors. KPMG fintech professionals include partners and staff in over 50 fintech hubs around the world, working closely with financial Published: 28 April 2020. Accenture helps clients address complex, mission-critical issues and works closely with C-suite executives to help them steer and shape their innovation and transformation agendas. Windows has stopped updates for Windows 7 in January 2020 and this is likely to encourage private companies to upgrade its . The industry is anticipated to witness substantial demand for IT operations so as to allow companies to focus on their core tasks and reduce the operational costs. The export revenue from this industry (excluding hardware and e-commerce) has been estimated at close to US$ 147 bn in 2019-20. 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