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IT Spending-Global Market Insights and Sales Trends 2025
Synopsis
Information technology (IT) is the use of computers to store, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered to be a subset of information and communications technology (ICT).
The global IT Spending market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IT Spending in various end use industries. The expanding demands from the BESI, Telecom, Retail and Healthcare, are propelling IT Spending market. IT Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
"IT" is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or Services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment, and e-commerce.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Spending, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Spending market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Spending market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Spending sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Spending covered in this report include BMC Software, HPE, IBM, Red Hat, VMware, Accenture, Adaptive Computing, Broadcom and Cisco Systems, etc.
The global IT Spending market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BMC Software
HPE
IBM
Red Hat
VMware
Accenture
Adaptive Computing
Broadcom
Cisco Systems
Citrix Systems
CloudBolt Software
Convirture
CSC
Dell EMC
Egenera
Embotics
GigaSpaces Technologies
Micro Focus
Oracle
RightScale
Scalr
ServiceNow
Splunk
Zimory
Global IT Spending market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Spending market, Segment by Type:
IT Services
Hardware
Software
Global IT Spending market, by Application
BESI
Telecom
Retail
Healthcare
Energy Utilities
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Spending companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Information technology (IT) is the use of computers to store, retrieve, transmit, and manipulate data, or information, often in the context of a business or other enterprise. IT is considered to be a subset of information and communications technology (ICT).
The global IT Spending market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of IT Spending in various end use industries. The expanding demands from the BESI, Telecom, Retail and Healthcare, are propelling IT Spending market. IT Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
"IT" is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or Services within an economy are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment, and e-commerce.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IT Spending, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IT Spending market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IT Spending market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IT Spending sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IT Spending covered in this report include BMC Software, HPE, IBM, Red Hat, VMware, Accenture, Adaptive Computing, Broadcom and Cisco Systems, etc.
The global IT Spending market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BMC Software
HPE
IBM
Red Hat
VMware
Accenture
Adaptive Computing
Broadcom
Cisco Systems
Citrix Systems
CloudBolt Software
Convirture
CSC
Dell EMC
Egenera
Embotics
GigaSpaces Technologies
Micro Focus
Oracle
RightScale
Scalr
ServiceNow
Splunk
Zimory
Global IT Spending market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global IT Spending market, Segment by Type:
IT Services
Hardware
Software
Global IT Spending market, by Application
BESI
Telecom
Retail
Healthcare
Energy Utilities
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of IT Spending companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of IT Spending
1.1 IT Spending Market Overview
1.1.1 IT Spending Product Scope
1.1.2 IT Spending Market Status and Outlook
1.2 Global IT Spending Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global IT Spending Market Size by Region (2018-2029)
1.4 Global IT Spending Historic Market Size by Region (2018-2023)
1.5 Global IT Spending Market Size Forecast by Region (2024-2029)
1.6 Key Regions, IT Spending Market Size (2018-2029)
1.6.1 North America IT Spending Market Size (2018-2029)
1.6.2 Europe IT Spending Market Size (2018-2029)
1.6.3 Asia-Pacific IT Spending Market Size (2018-2029)
1.6.4 Latin America IT Spending Market Size (2018-2029)
1.6.5 Middle East & Africa IT Spending Market Size (2018-2029)
2 IT Spending Market by Type
2.1 Introduction
2.1.1 IT Services
2.1.2 Hardware
2.1.3 Software
2.2 Global IT Spending Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global IT Spending Historic Market Size by Type (2018-2023)
2.2.2 Global IT Spending Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America IT Spending Revenue Breakdown by Type (2018-2029)
2.3.2 Europe IT Spending Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific IT Spending Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America IT Spending Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa IT Spending Revenue Breakdown by Type (2018-2029)
3 IT Spending Market Overview by Application
3.1 Introduction
3.1.1 BESI
3.1.2 Telecom
3.1.3 Retail
3.1.4 Healthcare
3.1.5 Energy Utilities
3.1.6 Others
3.2 Global IT Spending Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global IT Spending Historic Market Size by Application (2018-2023)
3.2.2 Global IT Spending Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America IT Spending Revenue Breakdown by Application (2018-2029)
3.3.2 Europe IT Spending Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific IT Spending Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America IT Spending Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa IT Spending Revenue Breakdown by Application (2018-2029)
4 IT Spending Competition Analysis by Players
4.1 Global IT Spending Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IT Spending as of 2022)
4.3 Date of Key Players Enter into IT Spending Market
4.4 Global Top Players IT Spending Headquarters and Area Served
4.5 Key Players IT Spending Product Solution and Service
4.6 Competitive Status
4.6.1 IT Spending Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 BMC Software
5.1.1 BMC Software Profile
5.1.2 BMC Software Main Business
5.1.3 BMC Software IT Spending Products, Services and Solutions
5.1.4 BMC Software IT Spending Revenue (US$ Million) & (2018-2023)
5.1.5 BMC Software Recent Developments
5.2 HPE
5.2.1 HPE Profile
5.2.2 HPE Main Business
5.2.3 HPE IT Spending Products, Services and Solutions
5.2.4 HPE IT Spending Revenue (US$ Million) & (2018-2023)
5.2.5 HPE Recent Developments
5.3 IBM
5.3.1 IBM Profile
5.3.2 IBM Main Business
5.3.3 IBM IT Spending Products, Services and Solutions
5.3.4 IBM IT Spending Revenue (US$ Million) & (2018-2023)
5.3.5 Red Hat Recent Developments
5.4 Red Hat
5.4.1 Red Hat Profile
5.4.2 Red Hat Main Business
5.4.3 Red Hat IT Spending Products, Services and Solutions
5.4.4 Red Hat IT Spending Revenue (US$ Million) & (2018-2023)
5.4.5 Red Hat Recent Developments
5.5 VMware
5.5.1 VMware Profile
5.5.2 VMware Main Business
5.5.3 VMware IT Spending Products, Services and Solutions
5.5.4 VMware IT Spending Revenue (US$ Million) & (2018-2023)
5.5.5 VMware Recent Developments
5.6 Accenture
5.6.1 Accenture Profile
5.6.2 Accenture Main Business
5.6.3 Accenture IT Spending Products, Services and Solutions
5.6.4 Accenture IT Spending Revenue (US$ Million) & (2018-2023)
5.6.5 Accenture Recent Developments
5.7 Adaptive Computing
5.7.1 Adaptive Computing Profile
5.7.2 Adaptive Computing Main Business
5.7.3 Adaptive Computing IT Spending Products, Services and Solutions
5.7.4 Adaptive Computing IT Spending Revenue (US$ Million) & (2018-2023)
5.7.5 Adaptive Computing Recent Developments
5.8 Broadcom
5.8.1 Broadcom Profile
5.8.2 Broadcom Main Business
5.8.3 Broadcom IT Spending Products, Services and Solutions
5.8.4 Broadcom IT Spending Revenue (US$ Million) & (2018-2023)
5.8.5 Broadcom Recent Developments
5.9 Cisco Systems
5.9.1 Cisco Systems Profile
5.9.2 Cisco Systems Main Business
5.9.3 Cisco Systems IT Spending Products, Services and Solutions
5.9.4 Cisco Systems IT Spending Revenue (US$ Million) & (2018-2023)
5.9.5 Cisco Systems Recent Developments
5.10 Citrix Systems
5.10.1 Citrix Systems Profile
5.10.2 Citrix Systems Main Business
5.10.3 Citrix Systems IT Spending Products, Services and Solutions
5.10.4 Citrix Systems IT Spending Revenue (US$ Million) & (2018-2023)
5.10.5 Citrix Systems Recent Developments
5.11 CloudBolt Software
5.11.1 CloudBolt Software Profile
5.11.2 CloudBolt Software Main Business
5.11.3 CloudBolt Software IT Spending Products, Services and Solutions
5.11.4 CloudBolt Software IT Spending Revenue (US$ Million) & (2018-2023)
5.11.5 CloudBolt Software Recent Developments
5.12 Convirture
5.12.1 Convirture Profile
5.12.2 Convirture Main Business
5.12.3 Convirture IT Spending Products, Services and Solutions
5.12.4 Convirture IT Spending Revenue (US$ Million) & (2018-2023)
5.12.5 Convirture Recent Developments
5.13 CSC
5.13.1 CSC Profile
5.13.2 CSC Main Business
5.13.3 CSC IT Spending Products, Services and Solutions
5.13.4 CSC IT Spending Revenue (US$ Million) & (2018-2023)
5.13.5 CSC Recent Developments
5.14 Dell EMC
5.14.1 Dell EMC Profile
5.14.2 Dell EMC Main Business
5.14.3 Dell EMC IT Spending Products, Services and Solutions
5.14.4 Dell EMC IT Spending Revenue (US$ Million) & (2018-2023)
5.14.5 Dell EMC Recent Developments
5.15 Egenera
5.15.1 Egenera Profile
5.15.2 Egenera Main Business
5.15.3 Egenera IT Spending Products, Services and Solutions
5.15.4 Egenera IT Spending Revenue (US$ Million) & (2018-2023)
5.15.5 Egenera Recent Developments
5.16 Embotics
5.16.1 Embotics Profile
5.16.2 Embotics Main Business
5.16.3 Embotics IT Spending Products, Services and Solutions
5.16.4 Embotics IT Spending Revenue (US$ Million) & (2018-2023)
5.16.5 Embotics Recent Developments
5.17 GigaSpaces Technologies
5.17.1 GigaSpaces Technologies Profile
5.17.2 GigaSpaces Technologies Main Business
5.17.3 GigaSpaces Technologies IT Spending Products, Services and Solutions
5.17.4 GigaSpaces Technologies IT Spending Revenue (US$ Million) & (2018-2023)
5.17.5 GigaSpaces Technologies Recent Developments
5.18 Micro Focus
5.18.1 Micro Focus Profile
5.18.2 Micro Focus Main Business
5.18.3 Micro Focus IT Spending Products, Services and Solutions
5.18.4 Micro Focus IT Spending Revenue (US$ Million) & (2018-2023)
5.18.5 Micro Focus Recent Developments
5.19 Oracle
5.19.1 Oracle Profile
5.19.2 Oracle Main Business
5.19.3 Oracle IT Spending Products, Services and Solutions
5.19.4 Oracle IT Spending Revenue (US$ Million) & (2018-2023)
5.19.5 Oracle Recent Developments
5.20 RightScale
5.20.1 RightScale Profile
5.20.2 RightScale Main Business
5.20.3 RightScale IT Spending Products, Services and Solutions
5.20.4 RightScale IT Spending Revenue (US$ Million) & (2018-2023)
5.20.5 RightScale Recent Developments
5.21 Scalr
5.21.1 Scalr Profile
5.21.2 Scalr Main Business
5.21.3 Scalr IT Spending Products, Services and Solutions
5.21.4 Scalr IT Spending Revenue (US$ Million) & (2018-2023)
5.21.5 Scalr Recent Developments
5.22 ServiceNow
5.22.1 ServiceNow Profile
5.22.2 ServiceNow Main Business
5.22.3 ServiceNow IT Spending Products, Services and Solutions
5.22.4 ServiceNow IT Spending Revenue (US$ Million) & (2018-2023)
5.22.5 ServiceNow Recent Developments
5.23 Splunk
5.23.1 Splunk Profile
5.23.2 Splunk Main Business
5.23.3 Splunk IT Spending Products, Services and Solutions
5.23.4 Splunk IT Spending Revenue (US$ Million) & (2018-2023)
5.23.5 Splunk Recent Developments
5.24 Zimory
5.24.1 Zimory Profile
5.24.2 Zimory Main Business
5.24.3 Zimory IT Spending Products, Services and Solutions
5.24.4 Zimory IT Spending Revenue (US$ Million) & (2018-2023)
5.24.5 Zimory Recent Developments
6 North America
6.1 North America IT Spending Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe IT Spending Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific IT Spending Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America IT Spending Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa IT Spending Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 IT Spending Market Dynamics
11.1 IT Spending Industry Trends
11.2 IT Spending Market Drivers
11.3 IT Spending Market Challenges
11.4 IT Spending Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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