Market research firm Gartner figures that IT services spending reached $793 billion in 2010, which represents a 3.1 percent increase from 2009 numbers. While this certainly couldn’t be classified as a huge growth, it sure beats the 5.1 percent decline that was posted between 2008 and 2009.
Mind you, the IT services figures that Gartner studies are the ones for the mammoth IT services companies, including IBM, Hewlett-Packard, Fujitsu, Accenture, and CSC — among others. So, these numbers primarily refer to the enterprise and federal market. There really aren’t any surprises when it comes to share. These are the top 5 IT services firms, ranked by 2010 revenue share.
- IBM – $56.4 billion (7.1 percent share)
- HP – $35.4 billion (4.5 percent share)
- Fujitsu – $24.1 billion (3 percent share)
- Accenture – $22.2 billion (2.8 percent share)
- CSC $16.1 billion (2 percent share)
But here are some other tidbits that I found intriguing from a competitive standpoint:
- HP had the weakest growth rate, eeking out just a 0.3 percent increase (a relatively “puny” $100 million) during 2010
- Firms from India still are growing faster than the industry average; collectively, the posted growth of 18.9 percent, increasing their share to 5.5 percent of the market
The most active services areas? Software support, and consulting and development/integration serivces that were put on hold during the recession.