U.S. Government IT Market Forecast, 2015-2020
The U.S. Business IT market is expected to reach $1 trillion in expenditures by 2020, with the telecom category leading the way primarily driven by data growth, the push for 4G/5G, and other enterprise telecommunications services. The SMB sector is driving growth in overall IT spending driven by cloud based services and applications, as well as changing business models that promote monthly spend on business applications and services. This comprehensive excel-based report includes business IT expenditures in the U.S. by size of business and major category. Each size of business section includes total spend, as well as spend on computer hardware, network hardware, IT personnel, telecommunications, applications, and 3rd Party/Managed/Cloud Services. Each Size of Business segment is further broken out in two to three additional size segments. 5 year forecasts and annual growth analysis provides a great foundation for understanding key business segments in the U.S. and their expected spend on technology over the next 5 years. This is a report in Excel showing 5 year forecasts, annual growth, compound annual growth, segmentation, and category percentages.