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The IT Service in the USA is Segmented by Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing), End-User (Manufacturing, Government, BFSI, Healthcare, Retail and Consumer Goods, Logistics). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
In 2020, the United States tech sector employed roughly 5.2 million workers, with software developers and software QA the largest occupation with 1.5 million workers. By 2030, the number of employed U.S. tech workers is forecast to reach almost 6 million.
The global information technology (IT) industry spending for 2022 is estimated to be at approximately 5.3 trillion U.S. dollars. With 31 percent, Asia is also expected to be a large contributor to the global information technology industry. Looking ahead to the future, growth in the global industry is expected to continue through 2024 at five percent compound annual growth rate (CAGR).
Key categories of the United States IT industry Software, devices and infrastructure, IT and business services, emerging tech, and telecom services are among the key categories of the United States IT industry. Spending on tech services and software account for approximately half of spending in the U.S. technology market. Each of these categories are interrelated as the robust functionality of infrastructure and platforms, for example, are the foundation for communication through bandwidth for user devices.
Key categories of the global IT industry On a global scale, large portions of IT budgets are allocated to the telecom services, devices and infrastructure, as well as IT and business services. Spending allocation varies across individual countries based on several factors. This is due to tech companies profiting from the ongoing digital transformation, while on the other hand, many companies are focusing resources on internal operations to learn from the challenges experienced during 2020.
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The US Home Service Market Report is Segmented by Maintenance & Repairs (Plumbing Services, Electrical Repairs, Appliance Repairs, and Other Home Services), Home Improvement (Renovations & Remodeling, Carpentry & Woodworking, Painting & Wall Treatments, and Other Home Improvement), and Distribution Channel (Traditional Service Providers and Online Platforms). The Report Offers the Market Size in Value Terms in USD for all the Above-Mentioned Segments.
In 2023, there were an estimated 9.5 million employees working in the tech sector in the United States, including both technical and business professionals working in the tech industry. Overall, the number of employees in the U.S. tech sector increased every year since 2017, and was further projected to reach some 9.6 million tech industry employees by the end of 2024.
The Information sector creates and distributes media content to US consumers and businesses. The Information sector responds to trends in household formation, which influences subscription volumes to communications services advertising expenditure, which generates nearly one-fourth of sector revenue, as well as consumer incomes and spending habits, which influence the extent to which households purchase discretionary entertainment products. The Information sector also sells some products and services directly to businesses and is influenced to a lesser extent by trends in corporate profit and business sentiment. The accelerated pace of digital transformation has fueled industry growth. As remote work and online learning became the norm, the demand for robust digital infrastructure and cloud services skyrocketed. This shift wasn't limited to cloud services alone, internet providers flourished spurred by the advent of 5G technology. Through the end of 2024, sector revenue will expand at a CAGR of 2.7% to reach $2.4 trillion, including a boost of 1.9% in 2024. Although consumer demand for media is generally steady and the Information sector has expanded consistently, revenue flows within the sector are uneven and determined by technology trends. Substantial expansion through the end of 2024 has stemmed from a proliferation of new consumer devices. However, most of the expansion has been concentrated on online publishing and data processing at the expense of more traditional information subsectors. For example, new digital channels have detracted from print advertising expenditure, which has dipped during the current period and curtailed print publishing. An expansion in mobile devices and the emergence of online streaming services have made consumers less reliant on more traditional communication services like wired voice, broadband internet and cable TV. Looking ahead, the information sector is poised for sustained growth over the next five years, fueled by rising consumer spending and private investment. As the economy recovers and interest rates stabilize, disposable incomes are poised to climb, allowing households to avail themselves of more digital subscriptions and services. The rollout of 5G will further augment mobile internet usage, potentially challenging wired broadband alternatives. Traditional media companies will continue to pivot to online platforms and streaming services, aiming to retain and expand their audience. Through the end of 2029, the Information sector revenue will strengthen at a CAGR of 2.2% to reach $2.7 trillion.
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The Report Covers US Access Control Companies & Market Forecast and it is Segmented by Type (Hardware, Software, and Services) and End User (Commercial, Residential, Government, Industrial, Transport and Logistics, Healthcare, and Military and Defense).
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The size of the US Data Center Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.00% during the forecast period.A data center is a facility that keeps computer systems and networking equipment housed, processing, and transmitting data. It represents the infrastructure on which organizations carry out their IT operations and host websites, email servers, and database servers. Data centers, therefore, are imperative to any size business: small start-ups or large enterprise since they enable digital transformation, thus making business applications available.The US data center industry is one of the largest and most developed in the world. The country boasts robust digital infrastructure, abundant energy resources, and a highly skilled workforce, making it an attractive destination for data center operators. Some of the drivers of the US data center market are the growing trend of cloud computing, internet of things (IoT), and high-performance computing requirements.Top-of-the-line technology companies along with cloud service providers set up major data center footprints in the US, mostly in key regions such as Silicon Valley and Northern Virginia, Dallas, for example. These data centers support applications such as e-commerce-a manner of accessing streaming services-whose development depends on its artificial intelligence financial service type. As demand increases concerning data center capacity, therefore, the US data centre industry will continue to prosper as the world's hub for reliable and scalable solutions. Recent developments include: February 2023: The expansion of Souther Telecom to its data center in Atlanta, Georgia, at 345 Courtland Street, was announced by H5 Data Centers, a colocation and wholesale data center operator. One of the top communication service providers in the southeast is Southern Telecom. Customers in Alabama, Georgia, Florida, and Mississippi will receive better service due to the expansion of this low-latency fiber optic network.December 2022: DigitalBridge Group, Inc. and IFM Investors announced completing their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. for USD approximately USD 11 billion, including the repayment of outstanding debt.October 2022: Three additional data centers in Charlotte, Nashville, and Louisville have been made available to Flexential's cloud customers, according to the supplier of data center colocation, cloud computing, and connectivity. By the end of the year, clients will have access to more than 220MW of hybrid IT capacity spread across 40 data centers in 19 markets, which is well aligned with Flexential's 2022 ambition to add 33MW of new, sustainable data center development projects.. Key drivers for this market are: , High Mobile penetration, Low Tariff, and Mature Regulatory Authority; Successful Privatization and Liberalization Initiatives. Potential restraints include: , Difficulties in Customization According to Business Needs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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The United States material testing market size reached USD 1,617.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,039.7 Million by 2033, exhibiting a growth rate (CAGR) of 2.48% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 1,617.6 Million |
Market Forecast in 2033
| USD 2,039.7 Million |
Market Growth Rate (2025-2033) | 2.48% |
IMARC Group provides an analysis of the key trends in each segment of the United States material testing market report, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on type, material and end use industry.
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The US Spatial Genomics & Transcriptomics Market estimated size and share is projected to exceed USD 360.96 million by 2034, with a forecasted CAGR of 12.7% during the period.
The revenue in the software market in the United States was forecast to continuously increase between 2024 and 2029 by in total 81.2 billion U.S. dollars (+22.35 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 444.62 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the software market was continuously increasing over the past years.Find more information concerning Poland and Spain. The Statista Market Insights cover a broad range of additional markets.
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u.s. data center cooling market estimated size and share is anticipated to achieve usd 9.69 billion by 2032, with a forecasted cagr of 9.9% during the period.
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The report covers US Health Information Exchange (HIE) Companies and it is segmented by Implementation Model (Centralized/Consolidated Models, Decentralized/Federated Models, and Hybrid Model), Setup Type (Private and Public), Application (Internal Interfacing, Secure Messaging, Workflow Management, Web Portal Development, and Patient Safety), Exchange Type (Direct Exchange, Query-based Exchange, and Consumer-mediated Exchange), and Component (Enterprise Master Person Index (EMPI), Healthcare Provider Directory (HPD), Record Locator Service (RLS), Clinical Data Repository, and Other Components). The market size and forecast values are provided in terms of (USD) for all the above segments.
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United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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The United States Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.
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US Food Flavor and Enhancer Market is segmented by type into Food Flavors ( Natural, Synthetic and Natural Identical Flavors) and Enhancers and by Application (Bakery and Confectionery, Savory, Soups, Pasta and Noodles, Beverage, Dairy Product, and others).
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US food service market size reached US$ 1,423 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,508 Billion by 2032, exhibiting a growth rate (CAGR) of 6.50% during 2024-2032. The increasing demand for automation in the kitchen, digital menus, and other innovations that can enhance efficiency and customer experience, is driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
| US$ 1,423 Billion |
Market Forecast in 2032
| US$ 2,508 Billion |
Market Growth Rate 2024-2032 | 6.50% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on sector, system, and type of restaurant.
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The IT asset disposition market is estimated to be valued at US$ 17.4 billion in 2024. The IT asset disposition market is predicted to rise at a CAGR of 7.7% from 2024 to 2034. The global IT asset disposition market is anticipated to reach US$ 36.4 billion by 2034.
Attributes | Key Insights |
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Estimated Market Size in 2024 | US$ 17.4 billion |
Projected Market Value in 2034 | US$ 36.4 billion |
Value-based CAGR from 2024 to 2034 | 7.7% |
2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections
Historical CAGR from 2019 to 2023 | 5.5% |
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Forecast CAGR from 2024 to 2034 | 7.7% |
Country-wise Analysis
Countries | Forecast CAGRs from 2024 to 2034 |
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The United States | 4.5 % |
Germany | 3.1% |
Australia | 11.2% |
China | 8.2% |
Japan | 2.4% |
Category-wise Insights
Category | Market Share |
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IT Asset Data Destruction/Data Sanitization | 28.9% |
Servers Disposition | 31.2% |
Report Scope
Attributes | Details |
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Estimated Market Size in 2024 | US$ 17.4 billion |
Projected Market Valuation in 2034 | US$ 36.4 billion |
Value-based CAGR 2024 to 2034 | 7.7% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ billion |
Key Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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The United States geographic information system (GIS) market size reached USD 4.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 10.1 Billion by 2033, exhibiting a growth rate (CAGR) of 9.9% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 4.3 Billion |
Market Forecast in 2033
| USD 10.1 Billion |
Market Growth Rate (2025-2033) | 9.9% |
IMARC Group provides an analysis of the key trends in each segment of the United States geographic information system (GIS) market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on component, function, device and end use industry.
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The United States human resource (HR) technology market size reached USD 11.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 29.4 Billion by 2033, exhibiting a growth rate (CAGR) of 11.60% during 2025-2033.
Report Attribute
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Key Statistics
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---|---|
Base Year
| 2024 |
Forecast Years
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2025-2033
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Historical Years
|
2019-2024
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Market Size in 2024 | USD 11.0 Billion |
Market Forecast in 2033 | USD 29.4 Billion |
Market Growth Rate (2025-2033) | 11.60% |
IMARC Group provides an analysis of the key trends in each segment of the United States human resource (HR) technology market report, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on application, type, end use industry and company size.
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The IT Service in the USA is Segmented by Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing), End-User (Manufacturing, Government, BFSI, Healthcare, Retail and Consumer Goods, Logistics). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.