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Information technology is the combination of key technologies such as data storage, digital computing and the ability to transfer digital signals through telecommunications networks. Nowadays, software and technology are implemented business processes of each organization. In fact, the reason why business growth is different in its use of IT processes. Information technology helps simplify the process of everyone’s business. The only drawback to its implementation in the organization is that you need to appoint technically qualified individuals. Expertise of information gives easy access to all kinds of information. IT sector and enabled services are developing rapidly these days. BPO and KPO are increasing. Many companies are outsourcing their marketing or back-office jobs in the BPO and KPOs.Recent trends in the industry understand it. The technology resellers online are to have better results on stocks. Research reports have found that efforts are underway to produce eco-friendly products technical. Electronic items produced these days are easily disposable. In the last decade India was just a dumping ground for all e-waste. E-waste has increased environmental problems as they are not readily available. In this global industry, the IT industry is an attractive industries that are a sign encompass all possible aspects of information systems based on computers. Software development and hardware involved in the IT industry all involved in computer systems, design, implementation, review and development of expertise in information and management systems. Despite the current recession, which has always been on the horizon, once the explosion has happened, most software vendors are facing a crisis head on. They changed their focus to projects offshore software development since the site has virtually come into existence and be inactive. They underway to explore new markets, develop the effectiveness per capita, giving focus on future technologies, and to restore their executive and marketing structure. Accordingly, companies market research reports that are captivating the slowdown as an opportunity to readjust to the new situation are creating the foundation for a long piece in the IT sector, while those who are cautious about the steep steps of charm will soon find it difficult. With the recession, most companies have radically revised their global strategies. The division of labor between the decline came as most companies prefer to keep as much of their own employees rather than outside. Now, the global world has turned to European and Japanese markets that have not yet been affected by the hold up. Other country markets where they are cautiously eyeing are the Australian, South American and Middle East. This market report covers the IT market, their overview and profile of the IT market research that provides the important result for the analysis of the IT services market and new trends in this current scenario.