Indian IT expands market share in global banking services

Data from IT outsourcing advisory Everest Group shows that the Indian service provider group (including TCS, Cognizant, Infosys, HCL Technologies, and Wipro) gained a market share of 1.5-2% over the global service provider group (including Accenture, Atos, Capgemini, CGI, DXC Technology, IBM, and NTT Data) between 2016 and 2018. The former now is estimated to have a market share of 42%, and the latter 58%.

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