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United States IT Spending Market Share, Analysis, Forecast: By Types: Data Centre Systems, Enterprise Software, Enterprise IT Services, Devices, Communications Services; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
United States IT Spending Market Size
The United States IT Spending market size attained a value of USD 1.30 trillion in 2023. the market is further expected to grow at a CAGR of 3.8% in the forecast period of 2024-2032.
News and Developments in the Market
In July 2023, a leading retail store company, Macy’s, announced spending cuts to be applied this year. They have informed their tech partners of 10-15% cut in their IT budget.
In August 2021, Microsoft India announced their collaboration with Invest India. Invest India is a program to help tech start-ups in India by the Government of India’s national investment promotion and facilitation agency.
With this collaboration in action, the business resources and technology of Microsoft will be utilised to help the start-ups. This will increase the spending on IT services and indirectly propel the United States IT spending market.
United States IT Spending Market Report Snapshots
United States IT Spending Market Size
United States IT Spending Market Analysis
United States IT Spending Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 United States IT Spending Market Analysis
8.1 Key Industry Highlights
8.2 United States IT Spending Historical Market (2018-2023)
8.3 United States IT Spending Market Forecast (2024-2032)
8.4 United States IT Spending Market by Types
8.4.1 Data Centre Systems
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Company Size
8.4.1.3.1 Total Spending by Company Having Less Than 300 Employees
8.4.1.3.2 Total Spending by Company Having 300-2000 Employees
8.4.1.3.3 Total Spending by Company Having More Than 2000 Employees
8.4.2 Enterprise Software
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Business Intelligence Software
8.4.2.3.2 Content Management Software
8.4.2.3.3 Customer Relationship Management Software
8.4.2.3.4 Enterprise Resource Planning Software
8.4.2.3.5 Supply Chain Management Software
8.4.2.3.6 Others
8.4.2.4 Breakup by Company Size
8.4.2.4.1 Total Spending by Company Having Less Than 300 Employees
8.4.2.4.2 Total Spending by Company Having 300-2000 Employees
8.4.2.4.3 Total Spending by Company Having More Than 2000 Employees
8.4.3 Enterprise IT Services
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.3.3 Breakup by Type
8.4.3.3.1 Customized Software and App development
8.4.3.3.1 Services Including IT consulting
8.4.3.3.1 Others
8.4.3.4 Breakup by Company Size
8.4.3.4.1 Total Spending by Company Having Less Than 300 Employees
8.4.3.4.2 Total Spending by Company Having 300-2000 Employees
8.4.3.4.3 Total Spending by Company Having More Than 2000 Employees
8.4.4 Devices
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.4.3 Breakup by Company Size
8.4.4.3.1 Total Spending by Company Having Less Than 300 Employees
8.4.4.3.2 Total Spending by Company Having 300-2000 Employees
8.4.4.3.3 Total Spending by Company Having More Than 2000 Employees
8.4.5 Communications Services
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.5.3 Breakup by Company Size
8.4.5.3.1 Total Spending by Company Having Less Than 300 Employees
8.4.5.3.2 Total Spending by Company Having 300-2000 Employees
8.4.5.3.3 Total Spending by Company Having More Than 2000 Employees
8.6 United States IT Spending Market by Region
8.6.1 West
8.6.2 Mid West
8.6.3 Southwest
8.6.4 Southeast
8.6.5 Northeast
9 Regional Analysis
9.1 West
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Mid West
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Southwest
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Southeast
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Northeast
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Key Indicators for Demand
10.4 Key Indicators for Expenditure
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Accenture Plc
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 IBM Corporation
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Cognizant Technology Solutions Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Google LLC (Alphabet Inc.)
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Intel Corporation
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
List of Key Figures and Tables
1. United States IT Spending Market: Key Industry Highlights, 2018 and 2032
2. United States IT Spending Historical Market: Breakup by Type (USD Billion), 2018-2023
3. United States IT Spending Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. United States IT Spending Historical Market: Breakup by Region (USD Billion), 2018-2023
5. United States IT Spending Market Forecast: Breakup by Region (USD Billion), 2024-2032
Key Questions Answered in the Report
In 2023, the United States IT Spending market attained a value of USD 1.30 trillion.
Rapid technological development, expanding companies, and changing business model are the major industry drivers.
Collaborating with companies of emerging nations and upgrading current technology to adapt with the changing market are the currently followed trends in the market.
Data centre systems, enterprise software, enterprise IT services, devices, and communications services are the types in the market.
The company sizes in the market include less than 300 employees, 300-2000 employees, and more than 2000 employees.
Key players in the market are Accenture Plc, IBM Corporation, Cognizant Technology Solutions Corporation, Google LLC (Alphabet Inc.), and Intel Corporation.
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