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United Kingdom (UK) IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026

United Kingdom (UK) IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

IT Services in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market and the infrastructure services market. Values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that particular calendar year.
- The UK IT services industry had total revenues of $68.5bn in 2021, representing a compound annual growth rate (CAGR) of 10.5% between 2016 and 2021.
- The infrastructure services segment was the industry's most lucrative in 2021, with total revenues of $40.7bn, equivalent to 59.5% of the industry's overall value.
- Customers now desire online services to complement and facilitate their consumption. This entails online marketplaces alongside easily navigated and intuitive websites and online catalogues. This has resulted in consistent increases in demand for IT services.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the it services market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in the United Kingdom
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom it services market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the United Kingdom it services market by value in 2021?
- What will be the size of the United Kingdom it services market in 2026?
- What factors are affecting the strength of competition in the United Kingdom it services market?
- How has the market performed over the last five years?
- Who are the top competitiors in the United Kingdom's it services market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the recent MandA activity?
7.4. How has the COVID-19 pandemic impacted leading players?
7.5. What are the recent developments in the market?
8 Company Profiles
8.1. International Business Machines Corporation
8.2. Hewlett Packard Enterprise Company
8.3. Atos SE
8.4. BT Group plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List of Tables
Table 1: United Kingdom IT services industry value: $ billion, 2017–21
Table 2: United Kingdom IT services industry category segmentation: % share, by value, 2017–2021
Table 3: United Kingdom IT services industry category segmentation: $ billion, 2017-2021
Table 4: United Kingdom IT services industry geography segmentation: $ billion, 2021
Table 5: United Kingdom IT services industry value forecast: $ billion, 2021–26
Table 6: International Business Machines Corporation: key facts
Table 7: International Business Machines Corporation: Annual Financial Ratios
Table 8: International Business Machines Corporation: Key Employees
Table 9: International Business Machines Corporation: Key Employees Continued
Table 10: International Business Machines Corporation: Key Employees Continued
Table 11: Hewlett Packard Enterprise Company: key facts
Table 12: Hewlett Packard Enterprise Company: Annual Financial Ratios
Table 13: Hewlett Packard Enterprise Company: Key Employees
Table 14: Hewlett Packard Enterprise Company: Key Employees Continued
Table 15: Atos SE: key facts
Table 16: Atos SE: Annual Financial Ratios
Table 17: Atos SE: Key Employees
Table 18: Atos SE: Key Employees Continued
Table 19: BT Group plc: key facts
Table 20: BT Group plc: Annual Financial Ratios
Table 21: BT Group plc: Key Employees
Table 22: BT Group plc: Key Employees Continued
Table 23: United Kingdom size of population (million), 2017–21
Table 24: United Kingdom gdp (constant 2005 prices, $ billion), 2017–21
Table 25: United Kingdom gdp (current prices, $ billion), 2017–21
Table 26: United Kingdom inflation, 2017–21
Table 27: United Kingdom consumer price index (absolute), 2017–21
Table 28: United Kingdom exchange rate, 2017–21

List of Figures
Figure 1: United Kingdom IT services industry value: $ billion, 2017–21
Figure 2: United Kingdom IT services industry category segmentation: $ billion, 2017-2021
Figure 3: United Kingdom IT services industry geography segmentation: % share, by value, 2021
Figure 4: United Kingdom IT services industry value forecast: $ billion, 2021–26
Figure 5: Forces driving competition in the IT services industry in the United Kingdom, 2021
Figure 6: Drivers of buyer power in the IT services industry in the United Kingdom, 2021
Figure 7: Drivers of supplier power in the IT services industry in the United Kingdom, 2021
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in the United Kingdom, 2021
Figure 9: Factors influencing the threat of substitutes in the IT services industry in the United Kingdom, 2021
Figure 10: Drivers of degree of rivalry in the IT services industry in the United Kingdom, 2021

Report Title: United Kingdom (UK) IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026


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