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IT Consulting in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

IT Consulting Market Research Report | NAICS 54151 | Jan 2017

All systems go: Rising corporate profit will lead to increased use of industry services

IBISWorld’s IT Consulting market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$376bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
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Profit
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Employment
2,001,920
Businesses
451,938
Industry Analysis & Industry Trends

In the five years to 2016, the IT Consulting industry performed well in a challenging economic climate. Strong performance from major markets, such as financial services and insurance providers, enabled the IT Consulting industry to expand. As the economy continues to recover, improving business sentiment and corporate profit levels will further drive industry performance. Over the next five years, industry revenue is expected to continue growing. Increasing M&A activity in other industries will spur demand for IT consultants and, with more consolidations, companies will require assistance in the integration of accounting, information storage and other systems... purchase to read more

Industry Report - Industry Analysis Chapter

In a technology-driven environment, businesses across all industries rely on external IT support to operate more efficiently. Operators in the IT Consulting industry implement and deploy systems that manage data on behalf of their business clients. Moreover, IT consultants design and modify supporting software to enhance online and telecommunications security systems. The industry also includes a wide range of other IT companies, including IT outsourcing and computer equipment and specialist companies that design and build the technology infrastructures used by other industry operators. Due.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the IT Consulting Industry?

The IT Consulting industry includes firms that provide the following services to client companies: writing, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; and on-site management of computer systems and data processing facilities. This industry excludes packaged software publishers and off-site data processing and hosting services.

Industry Products
Computer systems design, development and integrationCustom application design, development and integrationIT technical support servicesIT infrastructure and network design servicesIT technical consulting servicesOther services
 
Industry Activities
Providing information technology expertise for consumersWriting, modifying, testing and supporting software to meet the specific needs of one clientPlanning, design and integration of computer or network systemsOn-site management and IT functions


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