In 2021, Wipro experienced a year-on-year growth rate of 25.7 percent. Other IT service providers that experienced strong growth that year are TCS and Infosys. Growth in IT services is driven by a move to the cloud, as well as an overall tendency towards outsourcing models as flexibility is favored to stay agile. Further, IT services are necessary for business innovation and to accomplish digital transformation strategies.
IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider
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HFS Research. (August 24, 2021). IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider [Graph]. In Statista. Retrieved January 07, 2025, from https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. "IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider." Chart. August 24, 2021. Statista. Accessed January 07, 2025. https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. (2021). IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider. Statista. Statista Inc.. Accessed: January 07, 2025. https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research. "It Service Provider Year-on-year Revenue Growth Rate Worldwide 2018-2021, by Selected Provider." Statista, Statista Inc., 24 Aug 2021, https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
HFS Research, IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider Statista, https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/ (last visited January 07, 2025)
IT service provider year-on-year revenue growth rate worldwide 2018-2021, by selected provider [Graph], HFS Research, August 24, 2021. [Online]. Available: https://www.statista.com/statistics/1260018/it-provider-year-on-year-revenue-growth-rate/
