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IT Services in the United States

Publisher MarketLine
Published Oct 23, 2025
Length 53 Pages
SKU # MTLN20768116

Description

IT Services in the United States

Summary

IT Services in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
  • The US IT services industry recorded revenues of $602.6 billion in 2024, representing a compound annual growth rate (CAGR) of 6.6% between 2019 and 2024.
  • The infrastructure services segment accounted for the industry's largest proportion in 2024, with total revenues of $373.3 billion, equivalent to 61.9% of the industry's overall value.
  • In 2024, the US IT services industry recorded an annual growth of 7.5%. The growth is attributed to the accelerating digital transformation among small and medium-sized enterprises (SMEs). According to the US Small Business Administration (SBA), in 2024, the US had approximately 34.8 million small businesses. These small businesses lack the in-house technical expertise, leading to greater reliance on IT service providers for outsourced solutions.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in the United States
  • Leading company profiles reveal details of key it services market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States it services market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the United States it services market by value in 2024?
  • What will be the size of the United States it services market in 2029?
  • What factors are affecting the strength of competition in the United States it services market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's it services market?

Table of Contents

53 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What have been the recent industry developments?
8 Company Profiles
8.1. Accenture Plc
8.2. International Business Machines Corp
8.3. Cognizant Technology Solutions Corp
8.4. Tata Consultancy Services Ltd
8.5. Hewlett Packard Enterprise Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States IT services industry value: $ million, 2019-24
Table 2: United States IT services industry category segmentation: % share, by value, 2019-24
Table 3: United States IT services industry category segmentation: $ million, 2019-24
Table 4: United States IT services industry geography segmentation: $ million, 2024
Table 5: United States IT services industry value forecast: $ million, 2024-29
Table 6: Accenture Plc: Key Facts
Table 7: Accenture Plc: Annual Financial Ratios
Table 8: Accenture Plc: Key Employees
Table 9: Accenture Plc: Key Employees Continued
Table 10: Accenture Plc: Key Employees Continued
Table 11: Accenture Plc: Key Employees Continued
Table 12: International Business Machines Corp: Key Facts
Table 13: International Business Machines Corp: Annual Financial Ratios
Table 14: International Business Machines Corp: Key Employees
Table 15: International Business Machines Corp: Key Employees Continued
Table 16: Cognizant Technology Solutions Corp: Key Facts
Table 17: Cognizant Technology Solutions Corp: Annual Financial Ratios
Table 18: Cognizant Technology Solutions Corp: Key Employees
Table 19: Cognizant Technology Solutions Corp: Key Employees Continued
Table 20: Tata Consultancy Services Ltd: Key Facts
Table 21: Tata Consultancy Services Ltd: Annual Financial Ratios
Table 22: Tata Consultancy Services Ltd: Key Employees
Table 23: Tata Consultancy Services Ltd: Key Employees Continued
Table 24: Hewlett Packard Enterprise Co: Key Facts
Table 25: Hewlett Packard Enterprise Co: Annual Financial Ratios
Table 26: Hewlett Packard Enterprise Co: Key Employees
Table 27: United States Size of Population (Million), 2020-24
Table 28: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 29: United States GDP (Current Prices, $ Billion), 2020-24
Table 30: United States Inflation, 2020-24
Table 31: United States Consumer Price Index (Absolute), 2020-24
Table 32: United States Exchange Rate, 2019-24
List of Figures
Figure 1: United States IT services industry value: $ million, 2019-24
Figure 2: United States IT services industry category segmentation: $ million, 2019-24
Figure 3: United States IT services industry geography segmentation: % share, by value, 2024
Figure 4: United States IT services industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the IT services industry in the United States, 2024
Figure 6: Drivers of buyer power in the IT services industry in the United States, 2024
Figure 7: Drivers of supplier power in the IT services industry in the United States, 2024
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in the United States, 2024
Figure 9: Factors influencing the threat of substitutes in the IT services industry in the United States, 2024
Figure 10: Drivers of degree of rivalry in the IT services industry in the United States, 2024

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