The data illustrates spending on global IT services from 2008 to 2019. In 2018, spending on IT services is expected to amount to around 1003 billion USD worldwide. The IT services market encompasses the range of services that assist individuals and enterprises in implementing, managing, and operating the wide variety of processes, systems, software, equipment, and peripherals that are used in the modern IT environment. Globally, the broader information technology market reached 3.5 trillion USD in 2017, with IT services spending representing more than a quarter of the total market.
