The statistic depicts the forecast IT services spending worldwide from 2015 to 2020. By the end of 2017, spending on IT services worldwide is forecast to reach 673.6 billion U.S. dollars. The market includes services that assist individuals and enterprises in implementing, managing, and operating various processes, systems, software, equipment, and peripherals that are used in a modern IT environment. Subsegments of the IT services market include business process services, application services, and infrastructure services, many of which are often outsourced to companies focused on service provision.