United States ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United States ICT market is segmented by type (Hardware, Software, IT Services, and Telecommunication Services), by the size of the enterprise (Small and Medium Enterprise and Large Enterprises), by industry vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, and Energy and Utilities). The report provides the market sizes and forecasts in terms of value in USD.

United States ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

US ICT Industry Overview

The US ICT market is highly fragmented due to the presence of many players. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies enter collaborations and expand their footprints in developing regions to consolidate their positions. Tata Consultancy Services Limited, Microsoft Corporation, International Business Machines Corp., AT&T Inc., Verizon Communications Inc., and others are the major players in the market.

  • In July 2022, AT&T announced offering AT&T Fiber customers new, advanced security features. Customers of AT&T Fiber already have free access to AT&T ActiveArmorSM internet security features, including Weak Password Detection, Connected Device Monitoring, and Malicious Site Blocking, which automatically protects them from sites that are at risk of malware. For a nominal monthly fee, qualifying AT&T Fiber customers may also benefit from the new Advanced Privacy & Protection Features through the Smart Home Manager app.
  • In October 2022, Microsoft unveiled its innovative ideas for the next phase of Windows PCs, in which PCs and the cloud merge and take advantage of cutting-edge AI technologies to unfold new experiences. Thus, users can take part, be heard, seen, and creatively express themselves. Moreover, advancements at the start of this journey helped unlock creativity and potential for years, enabling new levels of productivity.

US ICT Market Leaders

  1. International Business Machines Corporation (IBM)

  2. AT&T Inc.

  3. Microsoft Corporation

  4. T-Mobile USA Inc.

  5. Google LLC

  6. *Disclaimer: Major Players sorted in no particular order
United States ICT Market Concentration