Information Technology Market Overview and Forecasts through 2031Posted by ramtbrc on February 21st, 2022 Information Technology Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. TBRC’s market report includes a chapter on the COVID-19 impact on the information technology industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected information technology market growth numbers from 2022-2031. Request a Sample of the report: The global information technology (IT) market size is expected to grow from .38 trillion in 2021 to .32 trillion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The IT market size is expected to reach .81 trillion in 2026 at a CAGR of 10.3%. View more on the report: The Information Technology Global Market Report 2022-31 by The Business Research Company evaluates information technology market size, growth rate, drivers, IT industry trends, and major companies. The IT market segments in the report are: The table of contents in TBRC’s information technology market report includes: About The Business Research Company: Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Contact Information: Like it? Share it!More by this author |