Last update – December 2021
IT Services
Covid-19 legacy drives IT spending
Sector rating

LOW RISK FOR ENTERPRISES
Fragmentation
Internationalization
Capital Intensity
Profitability
Strengths & weaknesses

- High value added, high margins in IT consulting, software, cloud computing
- Significant share of recurring revenues
- Broad customer base (industries, retail, banking, insurance, transport, etc.)
- Powerful long term growth drivers (digitization of the economy)
- Positive legacy of the Covid-19 outbreak on future IT investment

- Low barriers to entry
- Sensitivity to cuts in corporate IT investment
Sector overview
Subsectors
Key players
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Country | Role |
Sector risk |
|
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United States |
#1 market by revenue |
![]() Low risk |
![]() |
UK |
#2 market by revenue |
![]() Medium risk |
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Japan |
#3 market by revenue |
![]() Low risk |
![]() |
Germany |
#4 market by revenue |
![]() Medium risk |
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China |
#5 market by revenue |
![]() Low risk |
Contact
Aurelien Duthoit
Allianz Trade
Allianz Trade