The Information Technology Global Market Report 2023, provides comprehensive information on the information technology market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Information Technology Global Market Report 2023, the market size is expected to grow from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%.
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The information technology market is segmented:
1) By Type: IT Services, Computer Hardware, Telecom, Software Products
2) By Organization Size: Large Enterprise, Small and Medium Enterprise
3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries
Asia-Pacific was the largest region in the information technology market in 2022.
The table of contents in TBRC’s information technology market report includes:
1. Executive Summary
2. Report Structure
3. Information Technology Market Characteristics
4. Information Technology Market Product Analysis
5. Information Technology Market Supply Chain
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19. Middle East Information Technology Market
20. Africa Information Technology Market
21. Information Technology Market Competitive Landscape
22. Key Mergers And Acquisitions In The Information Technology Market
23. Recommendations
24. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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