Leading global analyst firm IDC has released the 2024H2 edition of its authoritative Semiannual Services Tracker, providing insights on the global IT and business services markets. LPS retains its top spot as the leading IT services provider in Hong Kong, dominating the Managed Services, Systems Integration, and Custom Application Development segments in revenue share. 

LPS has consistently led the Custom Application Development and Systems Integration segments since 2014, boasting over 6% annual growth, with market shares reaching 53.4% and 23.1% respectively. This leadership not only widens the gap with competitors but also underscores LPS' expanding influence in critical business transformations. 

In the highly competitive Managed Services sector, LPS stands out with a 6.1% YoY growth in revenue. This robust performance signals sustained trust in LPS’ services and strategic enterprise partnerships. 

LPS' commitment to technology excellence and innovation sits at the core of our leadership in Hong Kong's IT services market. We remain deeply dedicated to delivering sustainable growth and leading-edge solutions, empowering our customers to thrive in the dynamic digital landscape of today.    

*Ranking based on vendor revenue. Source: IDC Worldwide Semiannual Services Tracker (2024H2 release)