ICT in the United States of America (US): Market Opportunity Forecasts to 2029
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This product provides historical data and forecasts for ICT products and services in United States of America
The United States of America ICT market was valued at US$ 1,354.77 billion in 2024 and will grow at a compounded annual growth rate (CAGR) of 14.96% to reach a value of US$ 2,720.25 billion by 2029. The cumulative revenue generation for ICT providers in the United States of America is estimated at US$ 11,552.60 billion for 2024-2029. In terms of vertical end-use segments, the information technology sector held the highest market share of 9.7% in 2024, followed by the manufacturing sector. The banking vertical is expected to be the fastest-growing segment, at an estimated CAGR of 20.79%, during the forecast period.
Scope
This product provides revenue opportunity forecasts for ICT products and services in the United States of America from 2020 to 2029, spanning 18 IT Solutions, 128 Products/Services, 27 Verticals and 5 size bands.
Key Highlights
- The ICT market in the United States of America is expected to grow at a CAGR of 7.31% over the forecast period.
- The country’s top three product/service categories – SaaS, IoT Hardware, and Systems Design and Integration.
- SaaS is expected to be the leading ICT product/service segment in the United States of America during the forecast period.
Reasons to Buy
Access the current state and 5-year growth of ICT in United States of America, along with historic trends, to identify fastest-growing products/services, the most lucrative verticals, and key contributors to future market expansion.
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