United States IT Spending Market by Types (Data Centre Systems, Enterprise Software, Devices, Communications Services) and Company Size (Total Spending by Company Having Less Than 300 Employees, Others): Industry Analysis, Trends, Growth and Forecast 2023-2028

''United States IT Spending Market Research Report and Forecast 2023-2028” provides a deep and thorough evaluation of the e-learning market in the United States on the basis of types (data centre systems, enterprise software, devices and communications services) and company size (total spending by company having less than 300 employees, total spending by company having 300-2000 employees and total spending by company having more than 2000 employees). IT spending refers to the IT expenditure allocation of the company over the past 12 months. It can be generated by any department within the company that incurs IT costs and is not limited to the IT organization. It mainly comprises estimates made by businesses regarding decentralized IT spending or shadow IT. It covers IT service equipment, employees, outsourcing, hardware, software, disaster recovery, and occupancy costs for the business. The cost also includes taxes (except value-added tax, where it is recovered or refunded to the organization). At present, IT spending is gaining immense traction in various sectors across the United States.

The United States IT spending market is primarily driven by the rising adoption of cloud computing due to increasing breakthroughs in cloud solutions and data management. Moreover, the rising demand for the deployment of database management systems (DBMS) owing to the rapidly elevating volumes of data available for analysis is positively influencing the market growth. Additionally, there has been a rise in the implementation of favorable payment plans for companies to pay as per their need for cloud services. In line with this, the surging adoption of digital services has catalyzed market growth. Besides this, the rising applications of artificial intelligence (AI) and machine learning (ML) in companies to manage and analyze data is another major growth-inducing factor. Apart from this, extensive investments by the Government of the United States to improve cyber security and the increasing focus on training the new and current workforce to address the skill gap among the existing staff are propelling the market growth. Furthermore, the rising number of organizations investing in data centers and upgrading their network due to the onset of 5G technologies that provide high data transfer rates with enhanced security is contributing to the market growth. Other factors, including rising awareness about the benefits of AI audit management, increasing automation, technological advancements, and rapid digitization, are also anticipated to drive the market further.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the United States IT spending market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the United States IT spending market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the United States IT spending market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the United States IT spending industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the United States IT spending industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the United States IT spending industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the united state e-learning industry. Furthermore, the value chain analysis of the United States IT spending industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

United States IT Spending Market Key Segments

Breakup by Types

  • Data Centre Systems
  • Enterprise Software
  • Devices
  • Communications Services

Breakup by Company Size

  • Total Spending by Company Having Less Than 300 Employees
  • Total Spending by Company Having 300-2000 Employees
  • Total Spending by Company Having More Than 2000 Employees

Breakup by Region

  • Northeast
  • Midwest
  • South
  • West

The price margins for the products along with various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the United States IT spending industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the United States IT spending market by analyzing the threats posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the IT spending industry. Furthermore, the value chain analysis of the e-learning industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Key questions answered in the report include

  • What is the historical and current scenario of the United States IT spending market?
  • What are the trends and developments in the United States IT spending market?
  • What is the market forecast of the United States IT spending market during 2022-2027?
  • What is the price analysis and forecast of the United States IT spending market?
  • What is the Porter’s five forces analysis of the United States IT spending market?
  • What is the SWOT analysis for the United States IT spending market?
  • What is the value chain analysis of the United States IT spending market?

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the IT spending industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables.

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    United States IT Spending Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Types
     6.1   Data Centre Systems
         6.1.1 Market Trends
         6.1.2 Market Forecast
      6.2   Enterprise Software
         6.2.1 Market Trends
         6.2.2 Market Forecast
      6.3    Devices
         6.3.1 Market Trends
         6.3.2 Market Forecast
      6.4    Communications Services
         6.4.1 Market Trends
         6.4.2 Market Forecast
7   Market Breakup by Company Size
    7.1    Total Spending by Company Having Less Than 300 Employees
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Total Spending by Company Having 300-2000 Employees
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Total Spending by Company Having More Than 2000 Employees
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    Northeast 
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Midwest
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    South
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    West
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    SWOT Analysis 
    9.1    Overview 
    9.2    Strengths
    9.3    Weaknesses 
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis 
11    Porter’s Five Forces Analysis 

    11.1     Overview
    11.2     Bargaining Power of Buyers
    11.3     Bargaining Power of Suppliers
    11.4     Degree of Rivalry
    11.5     Threat of New Entrants
    11.6     Threat of Substitutes
12    Price Analysis 
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: United States: IT Spending Market: Major Drivers and Challenges
Figure 2: United States: IT Spending Market: Sales Value (in Million US$), 2017-2027
Figure 3: United States: IT Spending Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: United States: IT Spending Market: Breakup by Type (in %), 2022
Figure 5: United States: IT Spending Market: Breakup by Company Size (in %), 2022
Figure 6: United States: IT Spending Market: Breakup by Region (in %), 2022
Figure 7: United States: IT Spending (Data Centre Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: United States: IT Spending (Data Centre Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: United States: IT Spending (Enterprise Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: United States: IT Spending (Enterprise Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: United States: IT Spending (Devices) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: United States: IT Spending (Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: United States: IT Spending (Communications Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: United States: IT Spending (Communications Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: United States: IT Spending (Total Spending by Company Having Less Than 300 Employees) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: United States: IT Spending (Total Spending by Company Having Less Than 300 Employees) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: United States: IT Spending (Total Spending by Company Having 300-2000 Employees) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: United States: IT Spending (Total Spending by Company Having 300-2000 Employees) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: United States: IT Spending (Total Spending by Company Having More Than 2000 Employees) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: United States: IT Spending (Total Spending by Company Having More Than 2000 Employees) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Northeast: IT Spending Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Northeast: IT Spending Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Midwest: IT Spending Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Midwest: IT Spending Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: South: IT Spending Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: South: IT Spending Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: West: IT Spending Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: West: IT Spending Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: United States: IT Spending Industry: SWOT Analysis
Figure 30: United States: IT Spending Industry: Value Chain Analysis
Figure 31: United States: IT Spending Industry: Porter’s Five Forces Analysis

 

List of Tables

Table 1: United States: IT Spending Market: Key Industry Highlights, 2022 and 2028
Table 2: United States: IT Spending Market Forecast: Breakup by Type (in Million US$), 2022 and 2028
Table 3: United States: IT Spending Market Forecast: Breakup by Company Size (in Million US$), 2022 and 2028
Table 4: United States: IT Spending Market Forecast: Breakup by Region (in Million US$), 2022 and 2028
Table 5: United States: IT Spending Market: Competitive Structure
Table 6: United States: IT Spending Market: Key Players

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