NEW YORK, Jan. 20, 2022 /PRNewswire/ -- IT consulting and other services mainly include consulting, systems integration, and other services including information management and education and training, according to the latest research report of "IT Services Market in Nordic-Forecast and Analysis - 2021-2025."
In addition, IT consulting services help companies in the implementation of IT strategies and IT-business alignment aiding solutions to drive IT initiatives in business processes.
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Regional Market Analysis
With 36% of the growth originating from Sweden, this economy will record a fast growth rate from 2020 to 2025.
The traction in services such as system integration, information management, and education and training are significantly boosting the adoption of cloud-based deployments.
In addition, the IT industry in the country includes companies that mainly focus on the development of hardware, software, and digital IT services (development of games, international music streaming service, digitalization of financial services).
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Key Vendors and Vendor Strategies
Accenture Plc, Capgemini SE, CGI Inc., Dell Technologies Inc., DXC Technology Co., Eltel AB, Hewlett Packard Enterprise Co., International Business Machines Corp., Tata Consultancy Services Ltd., and TIETOEVRY CORP. are few of the key vendors in the IT services market in Nordic.
The vendors in the market are constantly investing in R&D to advance their offerings and grow their customer base. Additionally, vendors are focusing on expanding their presence in new regions.
For instance:
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Key Market Drivers
Our analysts have extensively outlined the information on the key market drivers and their impact on the IT services market.
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IT Services Market Scope in Nordic Countries | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 4.04% |
Market growth 2021-2025 | $ 6.36 billion |
Market structure | Fragmented |
YoY growth (%) | 3.85 |
Regional analysis | Nordic Countries |
Performing market contribution | Sweden at 36% |
Key consumer countries | Sweden |
Competitive landscape | Leading companies, CompetITive strategies, Consumer engagement scope |
Key companies profiled | Accenture Plc, Capgemini SE, CGI Inc., Dell Technologies Inc., DXC Technology Co., Eltel AB, Hewlett Packard Enterprise Co., International Business Machines Corp., Tata Consultancy Services Ltd., and TIETOEVRY CORP. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condITion analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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