IT Services
Digital transformation continues to fuel the global IT services industry
Last update – June 2023
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
Contact
Aurelien Duthoit
Allianz Trade
Allianz Trade