IT industry in the US to grow at 17% until 2025

reogma|IT industry in the US to grow at 17% until 2025

The United States has the most advanced software and information technology (IT) services industry in the world. More than a quarter of the $3.8 trillion global IT market is in the United States.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Information technology (IT) is the use of any computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. Typically, IT is used in the context of enterprise operations as opposed to personal or entertainment technologies.

The commercial use of IT encompasses both computer technology and telephony. IT is considered to be a subset of information and communications technology (ICT). An information technology system (IT system) is generally an information system, a communications system including all hardware, software and peripheral equipment operated by a limited group of users.

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.

Based on the storage and processing technologies employed, it is possible to distinguish four distinct phases of IT development: pre-mechanical (3000 BC – 1450 AD), mechanical (1450–1840), electromechanical (1840–1940), and electronic (1940–present).

IT includes several layers of physical equipment (hardware), virtualization and management or automation tools, operating systems and applications (software) used to perform essential functions. User devices, peripherals and software, such as laptops, smartphones or even recording equipment, can be included in the IT domain. IT can also refer to the architectures, methodologies and regulations governing the use and storage of data.

Business applications include databases like SQL Server, transactional systems such as real-time order entry, email servers like Exchange, Web servers like Apache, customer relationship management and enterprise resource planning systems. These applications execute programmed instructions to manipulate, consolidate, disperse or otherwise affect data for a business purpose.

IT architectures have evolved to include virtualization and cloud computing, where physical resources are abstracted and pooled in different configurations to meet application requirements. Clouds may be distributed across locations and shared with other IT users, or contained within a corporate data center, or some combination of both deployments.


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Sun Nov 24 , 2019
The United States has the most advanced software and information technology (IT) services industry in the world. More than a quarter of the $3.8 trillion global IT market is in the United States. Definition / Scope Market Overview Market Risks Top Market Opportunities Market Trends Industry Challenges Technology Trends Pricing […]
reogma|IT industry in the US to grow at 17% until 2025reogma|IT industry in the US to grow at 17% until 2025

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