GITNUX MARKETDATA REPORT 2024

Global It Industry Statistics

The global IT industry is expected to continue growing steadily, driven by increasing demand for technology products and services across various sectors.

Statistic 1

"The global IT industry generated approximately $4.8 trillion in 2020."

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Statistic 2

"About 75 million people work in the IT industry globally."

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Statistic 3

"India's IT and business services market is expected to grow by 7.8% to reach $14 billion by 2021."

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Statistic 4

"Globally, the Managed Services market size is expected to grow at a CAGR of 7.9% from 2020 to 2025, reaching $274.20 billion."

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Statistic 5

"The number of Internet of Things (IoT) connected devices will amount to 75.44 billion worldwide by 2025."

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Statistic 6

"The global cloud computing market was expected to grow to $832 billion in value by the end of 2021."

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Statistic 7

"Lower-income countries could capture $2 trillion of the potential $6 trillion benefit from full digitalization, which could increase their GDP by 6% by 2025."

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Statistic 8

"It is estimated that there will be 4.97 billion global mobile internet users by 2025."

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Statistic 9

"In 2021, the IT service industry was the fastest growing segment in the United States, with a market volume of US$760,149m."

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Statistic 10

"Cloud providers' Energy Consumption is projected to increase to 21% of total IT workload energy consumption by 2030."

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Statistic 11

"The Information Service Segment in the global IT market accounts for approximately 30%."

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Statistic 12

"The Software Segment is forecast to grow at over 11.0% CAGR and reach a market size of $288.5 Billion by the end of the analysis period."

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Statistic 13

"The global Business Process as a Service (BPaaS) market size was valued at $45.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.7% until 2027."

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Statistic 14

"Global cloud data center traffic is expected to reach 20.6 zettabytes (ZB) per year by 2021."

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Statistic 15

"In 2021, 32% of organizations were victims of cybercrime."

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