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The global IT services market is expected to reach $1.12 trillion by 2026, registering an 8% CAGR. Furthermore, the growing popularity of cloud-based services and the necessity of automating business processes are expected to propel the demand for services offered by IT services companies.
Therefore, we think it could be wise to bet on quality IT services stocks International Business Machines Corporation ( IBM ), Infosys Limited (INFY), Cognizant Technology Solutions Corporation (CTSH), and CDW Corporation (CDW). They are expected to deliver substantial returns in the near term based on their consistent innovations, diverse product portfolios, and strong sales growth.
