In 2024, the IT services industry grew by 5.6%, reaching nearly USD 1,600 billion in global revenues. Looking ahead to 2025, we expect further acceleration, driven by the strong demand for AI-related projects.
Key drivers of growth in recent years include:
- Upgrades to legacy IT systems.
- Shift to cloud computing.
- Rising cybersecurity needs.
- Increased focus on data analytics and big data.
AI is also emerging as a major source of cost optimization for IT services, alongside being a key growth factor.
