U.S. It Services Market Size & Outlook, 2023-2030
U.S. it services market, 2017-2030 (US$M)
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U.S. it services market highlights
- The U.S. it services market generated a revenue of USD 405,738.7 million in 2023 and is expected to reach USD 695,612.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, reactive it services was the largest revenue generating approach in 2023.
- Proactive IT Services is the most lucrative approach segment registering the fastest growth during the forecast period.
It services market data book summary
| Market revenue in 2023 | USD 405,738.7 million |
| Market revenue in 2030 | USD 695,612.7 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Reactive it services |
| Fastest growing segment | Proactive IT Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reactive IT Services, Proactive IT Services |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, Microsoft Corp, Broadcom Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, U.S. accounted for 29.9% of the global it services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. it services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 183,796.5 million by 2030.
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IT Services Market Scope
IT Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. it services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to it services market will help companies and investors design strategic landscapes.
Reactive it services was the largest segment with a revenue share of 55.5% in 2023. Horizon Databook has segmented the U.S. it services market based on reactive it services, proactive it services covering the revenue growth of each sub-segment from 2017 to 2030.
The U.S. IT Services market is expected to grow in the coming years due to various technological trends and business needs. The U.S. is at the forefront of digital transformation efforts. Enterprises across industries invest in IT services to adopt cloud technologies, modernize operations, implement AI and automation, and enhance customer experiences.
Furthermore, the increasing frequency and complexity of cyber threats drive demand for cybersecurity services. U.S. businesses invested in IT services to protect intellectual property, sensitive data, and customer information.
Reasons to subscribe to U.S. it services market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. it services market databook
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Our clientele includes a mix of it services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. it services market , including forecasts for subscribers. This country databook contains high-level insights into U.S. it services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. it services market size, by approach, 2017-2030 (US$M)
U.S. IT Services Market Outlook Share, 2023 & 2030 (US$M)
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