IT Market, Global Outlook and Forecast 2023-2029
Information technology (IT) is the use of computers to store, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered to be a subset of information and communications technology (ICT).
This report aims to provide a comprehensive presentation of the global market for IT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT. This report contains market size and forecasts of IT in global, including the following market information:
Global IT Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global IT market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or Services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment, and e-commerce.
We surveyed the IT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IT Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IT Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Service
Global IT Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IT Market Segment Percentages, by Application, 2022 (%)
BFSI
Telecom
Retail
Healthcare
Energy Utilities
Others
Global IT Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IT Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IT revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IT revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BMC Software
HPE
IBM
Red Hat
VMware
Accenture
Adaptive Computing
Broadcom
Cisco Systems
Citrix Systems
CloudBolt Software
Convirture
CSC
Dell EMC
Egenera
Embotics
GigaSpaces Technologies
Micro Focus
Oracle
RightScale
Scalr
ServiceNow
Splunk
Zimory
Outline of Major Chapters:
Chapter 1: Introduces the definition of IT, market overview.
Chapter 2: Global IT market size in revenue.
Chapter 3: Detailed analysis of IT company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of IT in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
