United States It Services Market Proposed Government Budget For Cyber Security In U S D Billion United States 2019 20
Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) — The “USA IT Service Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” report has been added to ResearchAndMarkets.com’s offering.
The United States IT Services Market size is expected to grow from USD 433.01 billion in 2023 to USD 592.43 billion by 2028, at a CAGR of 6.47% during the forecast period (2023-2028).
Key Highlights
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Firms focusing more on digital with access to advanced technologies for driving growth while decreasing cost, growing usage of cloud technologies, and using business intelligence for forecasting and optimizing company operations to earn more increased revenues are a few of the critical IT Services Market drivers and trends fueling the growth of the market. Growing data security and privacy protection considerations drive the demand for IT services from companies across various industry verticals.
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According to the US Office of Management and Budget, in 2022, the US federal government budget set aside around USD 58.44 million to fund the information technology needs of civilian federal agencies. The amount of money set aside for the Department of Defense or other secret IT expenses is separate from the budget estimates for 2022. The IT funds allotted…