If we go with a recent survey, the revenue in the IT Services market is expected to reach 1,204.00bn USD in 2023. The market’s largest segment is IT Outsourcing which is expected to touch a market volume of 430.50bn USD.
Apart from this, the revenue is expected to show an annual growth rate of 6.86% (CAGR 2023-2027). This way it can touch a whopping 1,570.00bn USD by 2027.

What does this mean?
This means it is essential for businesses to go with the right business engagement model. It will not only save you a lot of money but time and effort too.
You might be wondering what this engagement model is all about and what it has to do with these stats.
Well, let’s dig deeper to find out the same.