IT Infrastructure Services Market Research Report - Global Forecast till 2030

Global IT Infrastructure Services Market Research Report Information By Type (Network Management Service, Enterprise System Management, IT Security Management, Virtualization Solutions, Data Center Consolidation Services and others), Service Type (Consulting, Planning Integration & Implementation, Maintenance and Managed), Organization Size (Small & Medium Enterprise, Large Enterprise), Vertical (Automotive, Chemicals, Retail & Consumer Goods, IT & Telecommunication, Healthcare, Government, BFSI, Manufacturing, and others) and Region (North

ID: MRFR/ICT/7167-HCR | 141 Pages | Author: Ankit Gupta | June 2023         

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IT Infrastructure Services Market

The IT infrastructure services industry is expected to surpass the market value of over USD 145.3 billion by the year 2030 while registering a CAGR of 11.20%

Segmentation
By Type (Network Management Service Enterprise System Management IT Security Management Virtualization Solutions Data Center Consolidation Services and others)
By Service Type (Consulting Planning Integration & Implementation Maintenance and Managed)
By Organization Size (Small & Medium Enterprise Large Enterprise)
By Vertical (Automotive Chemicals Retail & Consumer Goods IT & Telecommunication Healthcare Government BFSI Manufacturing and others)
Key Players
Companies Profiled   Clover Infotech Private Limited    PC Solutions    IBM    YASH Technologies    Fingent Corporation    and Tata Communications
Drivers
Market Driving Forces   The increasing number of organizations in the IT sector and the higher data generation rate in those organizations are driving the overall growth of the IT infrastructure services market.
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IT Infrastructure Services Market Snapshot


The IT infrastructure is considered as the backbone for the enterprise as that efficiently manages the data and provides efficient data-driven decisions. The consulting services help organizations in handling the processes such as planning, integration, and data management. The service provides in the market also chooses to provide complete service for the enterprise to manage their key business operations. The growing urbanization and industrialization in several developed countries are considered as the key market drivers of the IT infrastructure services market. IT Infrastructure Services Market is expected to expand at a 11.20% CAGR, to reach USD 145.3 billion in 2030 during the forecast period.


 


The increasing deployment of cloud-based solutions is also further propelling the IT infrastructure market growth owing to their potential benefits such as flexibility and efficient data storage. The varied end-users of the IT infrastructure services such as BFSI, healthcare, manufacturing, retail are also presenting lucrative opportunities for the overall growth of the IT infrastructure services market. Some of the management services include DBMS management, application performance management, network management, configuration management, asset management. Deploying these management services would potentially increase the quality of the business processes and further develop the business processes towards increasing return on investment.


 


COVID 19 Analysis:


 


The COVID 19 has brought in several hindrances to the industrial verticals and production activities. The prolonged lockdown, restrictions in the movement, reduced labor, and reduced business operations have reduced the return on investment for the industries. The IT sectors were adopting the work from home trends and cloud technologies for business continuity which has led to the productivity of the IT sectors and other industrial verticals even during the pandemic. Such factors have increased the IT infrastructure services market value.


 


The government of several countries was also offering their support for the IT infrastructure services market growth, which has provided opportunities for several organizations.


 


Market Dynamics:


 


Market Drivers:


 


The increasing number of organizations in the IT sector and the higher data generation rate in those organizations are driving the overall growth of the IT infrastructure services market.


 


The increasing return on investment in the IT sectors and increasing investment in the IT infrastructure services market are considered as the major market drivers of the IT infrastructure services market. The increasing deployment of cloud-based solutions and automated business processes are also fuelling the IT infrastructure market growth in recent times.


 


Market Opportunities:


 


The demand for the faster accessing of data and the demand for cloud-based technologies due to their convenience are propelling several industries to adopt IT infrastructure services. The emerging digitalization and the cost-effective options are presenting lucrative growth opportunities for the IT infrastructure services market growth.


 


The disaster recovery services and other forms of IT infrastructure services help the firms in business continuity in any case, even during unforeseen circumstances. The advent of hybrid methods that combines the private and public cloud is promoting the overall growth of the IT infrastructure services market.


 


Market Restraints:


 


Privacy and data protection are considered as the major restraining factors of the IT infrastructure services market. As the deployment of Cloud-based services is gaining popularity in recent years, they come with restraints that significantly affect data protection.


 


The complex infrastructure requires regular maintenance and skilled professionals to efficiently merge the existing systems with the new ones. The integration might interrupt the overall performance of the firm or organization. The deployment costs and the maintenance costs are also considered as a major restraint for the overall growth of the IT infrastructure services market.


 


Market Challenges:


 


The integration concerns in the IT infrastructure services are considered as the major challenge by the vendors. The customization for the organization and the integration of the required protocols are extremely difficult in the IT infrastructure services market. 


 


Lack of standardized protocols and procedures for the communication and the adaptation of cloud-based technologies for the firms that have the on-premise infrastructure is considered as the major challenge for the IT infrastructure market.


 


Cumulative Growth Analysis:


 


The IT infrastructure services industry is expected to surpass the market value of over USD 120.15 billion by the year 2025 while registering a CAGR of 10.50% during the forecast period. The growth of the market is highly influenced by the features such as network management services, visualization solutions, Data consolidation, and much more. Such services have potentially transformed the IT infrastructure and have increased the overall quality of the services offered. Such service providers are entire infrastructure and also they are partnering with the leading technology providers such as IBM, Microsoft, CISCO to offer the best services to the firms and organizations. 


 


The management of the data that are generated in vast volumes requires protocols to manage effectively and guide the organization further. Such factors are increasing the overall growth of the IT Infrastructure services market.


 


Value Chain Analysis:


 


For some years, the daily operations of the organizations such as troubleshooting of the servers, break-fix were given to the expertise of IT service vendors. The increasing adaptation of digital technologies and cloud-based technologies has increased the quality and has transformed the infrastructure into a modern one. A recent report has stated that over 80% of the enterprises are reliant on cloud-based services; the workloads of these enterprises are transformed into cloud-based solutions.


 


Cost efficiency and operational efficiency are the key features offered by the managed services. Integrating the IT infrastructure services enhances the continuous improvement in the overall operational and business processes. A recent survey has shown that the integration of IT infrastructure increases the efficiency by 50-60% and the up-gradation of the new hardware is appreciated as the old hardware systems might not be compatible with the existing requirements.


 


Segment Overview:


 


Based on Type:


 



 


Based on Service Type:


 



  • Consulting

  • Planning Integration and Implementation

  • Maintenance

  • Managed Services


 


Based on Organization Size:


 



  • Small-Sized Enterprises

  • Medium-Sized Enterprises

  • Large-Sized Enterprises


 


Based on End-User Industries:


 



  • Automotive

  • Chemicals

  • Retail and Consumer Goods

  • IT and Telecommunication

  • Healthcare

  • Government

  • BFSI

  • Manufacturing

  • Others


 


Regional Analysis:


 


Currently, North America is holding the largest market share in the IT infrastructure services market owing to the economic condition of the country, which has led to the increasing investment in the IT infrastructure services market by the established market player across North America. The presence of numerous market verticals such as Consumer goods, healthcare, and manufacturing sectors across the region requires effective management of the IT infrastructure. Effective management effectively mitigates the security issues and improves the quality of the business operations. The increasing number of IT sectors and multiple organizations and the developing infrastructure across the region is also considered as the major reason for the growth of the market.


 


On the other hand, European countries are witnessing the higher growth in the IT infrastructure services market next to North America, owing to the stringent regulations imposed across the region such as GDPR and the increasing number of industrial verticals, which effectively presents lucrative opportunities for the overall growth of IT infrastructure market.


 


Competitive Landscape:


 



  • Clover Infotech Private LimitedYASH Technologies

  • PC Solutions

  • IBM

  • Fingent Corporation

  • Tata Communications

  • Netmagic Solutions

  • Rave Technologies Pvt. Ltd

  • Fujitsu

  • Amnet Technology Pte Ltd

  • Synoptek

  • LLC

  • Vaysinfotech

  • Cognizant

  • Neusoft Corporation

  • Talent Technology Services Limited.

  • Microsoft (US) 


 


Recent Developments:


 


In the year 2019, one of the leading market players, Host Color has launched the managed cloud-based infrastructure that is available for the public cloud servers, private cloud and it also integrates with the Linux or window-based operating systems which are considered as highly beneficiary.


 


Several inventions have been made in the market, which include automated assets, self-services, and digital workplace apps, etc. Moreover, the user-friendly industries are also impacting the IT infrastructure services market growth.


 


Report Overview:


 


This Report Has Covered:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Cumulative Growth Analysis

  • Value Chain Analysis

  • Segment Overview

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 145.3 Billion
  CAGR   11.20%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Size
  Geographies Covered   North America, Europe, Aisa Pacific
  Key Vendors   Clover Infotech Private Limited PC Solutions IBM YASH Technologies Fingent Corporation and Tata Communications
  Key Market Opportunities   The emerging digitalization and the cost-effective options are presenting lucrative growth opportunities for the IT infrastructure services market growth.
  Key Market Drivers   The increasing number of organizations in the IT sector and the higher data generation rate in those organizations are driving the overall growth of the IT infrastructure services market.


Frequently Asked Questions (FAQ) :

The parameters that are leveraged for conducting segmental analysis of the market are – type, service type, organization size, vertical, and region.

By type, the IT security management segment is anticipated to expand at the highest CAGR over the forecast period.

North America is supposed to hold the largest share and lead the market through the evaluation period.

Clover Infotech Private Limited, PC Solutions, IBM, YASH Technologies, Fingent Corporation, and Tata Communications are few of the major market participants.

Key Questions Answered

  • ✅ Global Market Outlook
  • ✅ In-depth analysis of global and regional trends
  • ✅ Analyze and identify the major players in the market, their market share, key developments, etc.
  • ✅ To understand the capability of the major players based on products offered, financials, and strategies.
  • ✅ Identify disrupting products, companies, and trends.
  • ✅ To identify opportunities in the market.
  • ✅ Analyze the key challenges in the market.
  • ✅ Analyze the regional penetration of players, products, and services in the market.
  • ✅ Comparison of major players’ financial performance.
  • ✅ Evaluate strategies adopted by major players.
  • ✅ Recommendations
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