United States (US) ICT Market Size and Forecast (by IT Solution Area, Size Band and Vertical) to 2027
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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$ 1230.84 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 8.66% to reach a value of US$ 1864.50 billion by 2027. The United States of America ICT market opportunity forecast report provides the total addressable market for ICT products/services in United States of America from 2019 to 2027, spanning 18 IT Solutions and 133 Products/Services.
United States of America ICT Market Segmentation by Vertical
In terms of vertical end-use segments, the information technology sector is the largest segment with 11.0% market share, followed by the manufacturing sector. Additionally, the energy sector is anticipated to be the fastest-growing segment recording an estimated CAGR of 12.15% during the forecast period.
United States of America ICT Market Analysis by Verticals, 2022 (%)
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Scope
This product provides revenue opportunity forecasts for ICT products/services in United States of America from 2019 to 2027, spanning 18 IT Solutions and 133 products/services. The details of the IT solutions and the corresponding products/services have been provided. The forecast data has been provided for 5 employee size bands.
Key Highlights
The ICT market in United States of America is expected to grow at a CAGR of 8.66% over the forecast period.
Reasons to Buy
Assess the historical data (past 4 years), current state, and expected growth (next 5 years) of the ICT market in United States of America.
Frequently asked questions
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What was the United States of America ICT market size in 2022?
The United States of America ICT market size was estimated at US$ 1,230.32 billion in 2022 and is expected to reach US$ 1,299.61 billion in 2023.
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What is the United States of America ICT markeWhat is the United States of America ICT market growth?t growth?
The United States of America ICT market is expected to grow at a compound annual growth rate of 8.36% over the forecast period to reach US$ 1,838.29 billion by 2027.
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Which industry vertical led the United States of America ICT market in 2022?
The information technology sector was the largest United States of America ICT vertical with 11.0% market share in 2022.
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Which type of products/service led the ICT market in United States of America?
The SaaS segment dominated the United States of America ICT market in 2022 with a revenue share of more than 6.9%.
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