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Is The IT Boom Over? Techreviewer’s IT Services Report Reveals The Current Market Trends

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AI, Big Data, Machine Learning, and more have brought about a massive overhaul to the flailing IT sector. How can your business capitalize on the changing trends? Techreviewer.co gives you the leverage to gain a deeper insight into the industry. The Techreviewer survey analyzes the global IT services market in the first half of 2024, evaluating key aspects that drive business growth and productivity.

The latest Techreviewer’s survey highlights key trends businesses must know to gain a competitive edge. From the top tech hubs in the market to the sector’s future outlook, the research comprehensively covers all the core aspects. Businesses can leverage the insights to make informed decisions and stay ahead of their competitors. The survey results can help unlock new and profitable avenues that were not visible before.

Gaining a more profound and better perspective is vital to forge ahead in the current business landscape. Techreviewer’s survey and insights unmask leading tech trends, some surprising, while others are straightforward and as anticipated.

Some of the survey highlights include:

  • A significant portion of respondents (62%) have observed changes in the IT industry that they consider to be a crisis or are impacting their ability to generate leads or close deals.
  • 71.8% of respondents use AI tools for development for quicker and more efficient results.
  • Artificial Intelligence and Machine Learning are the leading technologies in demand in 1H2024, and a dramatic shift in spending is predicted for the second half of 2024.
  • While JavaScript, Angular JS, and Vue.js are the preferred technologies for web development, Python is emerging as the go-to technology for 40.8% of the respondents in the latter half of 2024.

The IT services sector remains a highly influential industry driving global economic growth. Hence, businesses need to follow an effective model that attracts and retains customers.

Please read the full report on the Techreviewer.co website: https://techreviewer.co/blog/it-services-market-landscape-in-the-first-half-of-2024

About Techreviewer.co

Techreviewer is an independent analytics hub that provides studies, ratings, and review lists of top IT companies in various domains. Businesses use the platform to find reliable partners, and the site’s in-depth and accurate information helps them do so.