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IT Services Cross $1 Trillion Mark in 2018

April 16, 2019

IDC says IT services grew 4.5% in 2018 as businesses continue to increase spending on outsourced support and development

In 2018, the overall global IT service market topped $1 trillion, led by the United States as the largest service market in the world. Businesses continue to increase spending on outsourced support, subscription applications, software development, and managed services.