Information and Communications Technology Market

Global Information and Communications Technology Market Size, Trends & Analysis - Forecasts to 2028 By Application (Devices, Software, IT, Data Centre Systems, Communication Services, Others), By Type (IoT, Big Data, Security, Cloud Computing, Content Management), By Region (North America, Asia Pacific, Central & South America, Europe, the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on May 22 2024 with the latest and most recent market numbers

Global Information and Communications Technology Market Size

The global information and communications technology market is projected to grow at a CAGR of 4.3% from 2023 to 2028.

The adoption and spread of cutting-edge applications and devices are the main causes of the unparalleled rate of change in the global ICT scene. Unique value chains and business models are being produced as a result of technological developments including mobility, cloud computing, analytics, and social media. Global ICT market expansion is being made possible by rising internet, broadband, and mobile adoption rates. The ICT market is being driven by two factors: first, consumer demand for information and product access always, and second, enterprise desire for agility.

The global pandemic has accelerated the information and communications technology environment by digitizing businesses. The epidemic presented fresh chances for digital leaders to develop and put into practice ground-breaking ideas, like remote working, to hasten digital transformation at all levels of the organization. The coronavirus pandemic did help with the information and communications technology's rise and propelled businesses from a variety of sectors towards a higher level of Internet of Things (IoT) technology and workflow.

ICT refers to all forms of digitization (tech) that support people, businesses, and organizations in using information (data). Information and communication technology (ICT) is therefore concentrated on the storage, access, or transmission of electronic data and is used widely across healthcare, infrastructure, services, manufacturing, and other sectors. ICT enables a business to be more efficient, productive, and responsive to the needs of its clients. ICT is useful in the conception, production, research and creation, distribution, marketing, and review of commercial projects. Research shows that ICT will lessen the need for face-to-face interaction and increase economic disparity. Moreover, ICT will improve industrial agglomeration.

The demand for data generated by "digital footprints" left by internet users has increased dramatically along with the frightening growth of the ICT industry. More specifically, the enormous storage and sharing of data across the internet on a massive scale in the shortest amount of time has been required due to the enormous capacity of devices made globally. Even these would imply that the impact of ICT in the grand scheme of things has led to the spread of ICT technologies like Cloud Computing and the Internet of Things.

global information and communications technology market

Global Information and Communications Technology Market: By Application

The communication services segment is expected to witness the largest share in the global information and communications technology market during the forecast period of 2023-2028. ICT has made communication easier, more affordable, and more effective. Previously, communication features were only available on huge computers. Even the smallest computers and gadgets today can communicate with one another.

For instance, players like Reliance Jio, Vodafone, and Airtel in the Indian telecom industry have actively applied data science to the copious amounts of data they collected from their client base to improve their services and network. Due to this, businesses have been able to introduce plans and offerings based on the location and age of users. Companies have developed their services and products in and around users for optimal market penetration and maximum returns for their enterprises via ICT - thanks to the active use of consumer data and their digital footprint for analysis.

The data center systems segment is expected to grow the fastest during 2023-2028. ICT infrastructure teams will be required to deliver networks that are faster, carry high capacities, and can maintain data processing near the network's edge rather than on a centralized server as newer technologies shape up smart buildings and smart cities. The amount of data generated has increased exponentially as a result of increased internet use and increased acceptance of digital services. The need for data center systems structured cabling is being driven by the rising volumes of data generated globally and the need for better infrastructure solutions.

Global Information and Communications Technology Market: By Type

The IoT segment is expected to witness the largest share in the global information and communications technology market during the forecast period of 2023-2028. One of the trending technology topics in the ICT sector today is the Internet of Things (IoT), which is the process of gathering, evaluating, and acting on data generated by networked equipment and objects. IoT applications are generating business value for an increasing number of businesses. IoT possibilities in different companies will be greatly increased by two trends, boosting use cases while possibly reducing expenses. The appearance of new wireless communication networks created especially for IoT applications, can reduce the cost, and increase the accessibility of connected apps. The introduction of edge computing IT infrastructure, makes it possible to analyse and act on IoT sensor data close to where it was generated, enabling applications to be more responsive to rapidly changing local conditions while avoiding connectivity bottlenecks. This will boost the market segment during the forecast period.

The cloud computing segment is expected to grow the fastest during 2023-2028. Through the revolutionary paradigm of cloud computing, businesses can maximize their investments in information and communication technology (ICT). In cloud computing, the amount of ICT resources needed can be swiftly and readily changed in response to demand fluctuations. It is a scalable virtualized development platform with the ability to deploy hardware and software resources and offers pay-per-use services to clients over the internet or network.

asia pacific information and communications technology market

Global Information and Communications Technology Market: By Region

The North American segment is expected to witness the largest share in the global information and communications technology market during the forecast period of 2023-2028. In addition to other factors like favourable government initiatives towards digitalization, technological advancements, and innovation in products & services, the growth is attributed to high penetration rates of information technology (IT) professionals. During the forecast period, this growth is anticipated to be a key driver of the regional market. In addition, North America, one of the most developed regions, offers less opportunity for new entrants, making it more difficult but also more alluring for industry participants with deep pockets and resources, who use them for strategic initiatives like product development or geographic expansion, driving overall industry revenue share within this region.

Asia-Pacific is expected to grow the fastest during 2023-2028. The expansion might be linked to rising telecom sector spending as well as the expanding use of cloud computing. Additionally, the rising data usage across numerous industries as a result of the growing demand for smartphones and tablets is fuelling market expansion. Furthermore, technological advancements, strong acquisitions, and collaborations between countries for product development and are contributing to the market growth.

The rising usage of broadband applications and services, along with the proliferation of wireless devices, including smartphones, and other smart gadgets, as well as their applications, have caused ICTs and the internet to penetrate the European economy. In today's increasingly digital global economy, the advancement of Information and Communication Technologies (ICT) is essential for Europe's competitiveness.  During the funding period of 2014-2020, the region invested more than €20 billion from the European Regional Development Fund (ERDF) for ICT investments. The ICT market in the area has grown thanks to these investments.

Global Information and Communications Technology Market Share and Competitor Analysis

Microsoft Corporation, HP, Cisco Systems, Dell Technologies, IBM Corporation, Intel Corporation, Oracle Corporation, SAP SE, SAS Institute, and VMware among others are some of the key players in the information and communications technology market.

Please note: This is not an exhaustive list of companies profiled in the report.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

2.4   Data Metrics

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3       Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL INFORMATION AND COMMUNICATIONS TECHNOLOGY MARKET, BY TYPE

4.1   Introduction

4.2   Information and Communications Technology Market: Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   IoT

4.4.1        IoT Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Big Data

4.5.1        Big Data Market Estimates and Forecast, 2020-2028 (USD Million)

4.6   Security

4.6.1        Security Market Estimates and Forecast, 2020-2028 (USD Million)

4.7   Cloud Computing

4.7.1           Cloud Computing Market Estimates and Forecast, 2020-2028 (USD Million)

4.8   Content Management

4.8.1           Content Management Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL INFORMATION AND COMMUNICATIONS TECHNOLOGY MARKET, BY APPLICATION

5.1   Introduction

5.2   Information and Communications Technology Market: Application Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Communication Services

5.4.1        Communication Services Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Data Center Systems

5.5.1        Data Center Systems Market Estimates and Forecast, 2020-2028 (USD Million)

5.6   Devices

5.6.1        Devices Market Estimates and Forecast, 2020-2028 (USD Million)

5.7   Software

5.7.1        Software Market Estimates and Forecast, 2020-2028 (USD Million)

5.8   IT

5.8.1        IT Market Estimates and Forecast, 2020-2028 (USD Million)

6          GLOBAL INFORMATION AND COMMUNICATIONS TECHNOLOGY MARKET, BY REGION

6.1   Introduction

6.2   North America Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.1        By Type

6.2.2        By Application

6.2.3        By Country

6.2.3.1     U.S. Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.1.1        By Type

6.2.3.1.2        By Application

6.2.3.2     Canada Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.2.1        By Type

6.2.3.2.2        By Application

6.2.3.3     Mexico Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.2.3.3.1        By Type

6.2.3.3.2        By Application

6.3   Europe Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.1        By Type

6.3.2        By Application

6.3.3        By Country

6.3.3.1     Germany Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.1.1        By Type

6.3.3.1.2        By Application

6.3.3.2     U.K. Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.2.1        By Type

6.3.3.2.2        By Application

6.3.3.3     France Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.3.1        By Type

6.3.3.3.2        By Application

6.3.3.4     Italy Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.4.1        By Type

6.3.3.4.2        By Application

6.3.3.5     Spain Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.5.1        By Type

6.3.3.5.2        By Application

6.3.3.6     Netherlands Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By Application

6.3.3.7     Rest of Europe Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By Application

6.4   Asia Pacific Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.1        By Type

6.4.2        By Application

6.4.3        By Country

6.4.3.1     China Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.1.1        By Type

6.4.3.1.2        By Application

6.4.3.2     Japan Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.2.1        By Type

6.4.3.2.2        By Application

6.4.3.3     India Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.3.1        By Type

6.4.3.3.2        By Application

6.4.3.4     South Korea Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.4.1        By Type

6.4.3.4.2        By Application

6.4.3.5     Singapore Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.5.1        By Type

6.4.3.5.2        By Application

6.4.3.6     Malaysia Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By Application

6.4.3.7     Thailand Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By Application

6.4.3.8     Indonesia Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.7.1        By Type

6.4.3.7.2        By Application

6.4.3.9     Vietnam Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.8.1        By Type

6.4.3.8.2        By Application

6.4.3.10  Taiwan Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.10.1 By Type

6.4.3.10.2 By Application

6.4.3.11  Rest of Asia Pacific Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.4.3.11.1 By Type

6.4.3.11.2 By Application

6.5   Middle East & Africa Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.1        By Type

6.5.2        By Application

6.5.3        By Country

6.5.3.1     Saudi Arabia Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.1.1        By Type

6.5.3.1.2        By Application

6.5.3.2     U.A.E. Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.2.1        By Type

6.5.3.2.2        By Application

6.5.3.3     Israel Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.3.1        By Type

6.5.3.3.2        By Application

6.5.3.4     South Africa Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.4.1        By Type

6.5.3.4.2        By Application

6.5.3.5     Rest of Middle East & Africa Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.5.3.5.1        By Type

6.5.3.5.2        By Application

6.6   Central & South America Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.1        By Type

6.6.2        By Application

6.6.3        By Country

6.6.3.1     Brazil Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.1.1        By Type

6.6.3.1.2        By Application

6.6.3.2     Argentina Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.2.1        By Type

6.6.3.2.2        By Application

6.6.3.3     Chile Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By Application

6.6.3.3     Rest of Central & South America Information and Communications Technology Market Estimates and Forecast, 2020-2028 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By Application

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Microsoft Corporation

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        HP

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Dell Technologies

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        IBM Corporation

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Intel Corporation

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        Oracle Corporation

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        SAP SE  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        SAS Institute

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        VMware

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Cisco Systems Inc. 

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various End Use of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

2 IoT Market, By Region, 2020-2028 (USD Mllion)         

3 Big Data Market, By Region, 2020-2028 (USD Mllion)             

4 Security Market, By Region, 2020-2028 (USD Mllion)             

5 Cloud Computing Market, By Region, 2020-2028 (USD Mllion)        

6 Content Management Market, By Region, 2020-2028 (USD Mllion)

7 Global Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

8 Communication Services Market, By Region, 2020-2028 (USD Mllion)         

9 Data Center Systems Market, By Region, 2020-2028 (USD Mllion)

10 Devices Market, By Region, 2020-2028 (USD Mllion)

11 Software Market, By Region, 2020-2028 (USD Mllion)

12 it Market, By Region, 2020-2028 (USD Mllion)

13 Regional Analysis, 2020-2028 (USD Mllion)

14 North America Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)      

15 North America Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)           

16 U.S. Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

17 U.S. Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

18 Canada Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

19 Canada Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

20 Mexico Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

21 Mexico Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

22 Europe Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

23 Europe Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

24 Germany Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

25 Germany Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

26 U.K. Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

27 U.K. Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

28 France Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

29 France Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

30 Italy Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

31 Italy Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

32 Spain Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

33 Spain Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

34 Netherlands Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

35 Netherlands Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

36 Rest Of Europe Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)      

37 Rest Of Europe Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)           

38 Asia Pacific Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

39 Asia Pacific Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

40 China Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

41 China Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

42 Japan Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

43 Japan Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

44 India Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

45 India Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

46 South Korea Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

47 South Korea Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

48 Singapore Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

49 Singapore Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

50 Thailand Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

51 Thailand Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

52 Malaysia Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

53 Malaysia Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

54 Indonesia Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

55 Indonesia Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

56 Vietnam Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

57 Vietnam Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

58 Taiwan Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

59 Taiwan Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

60 Rest of APAC Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

61 Rest of APAC Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

62 Middle East & Africa Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)      

63 Middle East & Africa Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

64 Saudi Arabia Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

65 Saudi Arabia Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

66 UAE Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

67 UAE Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

68 Israel Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

69 Israel Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

70 South Africa Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

71 South Africa Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

72 Rest Of Middle East & Africa Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

73 Rest Of Middle East & Africa Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)   

74 Central & South America Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

75 Central & South America Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)   

76 Brazil Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

77 Brazil Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

78 Chile Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)

79 Chile Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)       

80 Argentina Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)       

81 Argentina Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)

82 Rest Of Central & South America Information and Communications Technology Market, By Type, 2020-2028 (USD Mllion)   

83 Rest Of Central & South America Information and Communications Technology Market, By Application, 2020-2028 (USD Mllion)      

84 Microsoft Corporation: Products & Services Offering     

85 HP: Products & Services Offering    

86 DELL TECHNOLOGIES: Products & Services Offering

87 IBM CORPORATION: Products & Services Offering    

88 Intel Corporation: Products & Services Offering 

89 ORACLE CORPORATION: Products & Services Offering            

90 SAP SE : Products & Services Offering           

91 SAS Institute: Products & Services Offering             

92 VMware: Products & Services Offering        

93 Cisco Systems Inc. : Products & Services Offering

94 Other Companies: Products & Services Offering

LIST OF FIGURES

1 Global Information and Communications Technology Market Overview

2 Global Information and Communications Technology Market Value From 2020-2028 (USD Mllion)

3 Global Information and Communications Technology Market Share, By Type (2022)

4 Global Information and Communications Technology Market Share, By Application (2022)

5 Global Information and Communications Technology Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Information and Communications Technology Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Information and Communications Technology Market

10 Impact Of Challenges On The Global Information and Communications Technology Market

11 Porter’s Five Forces Analysis

12 Global Information and Communications Technology Market: By Type Scope Key Takeaways

13 Global Information and Communications Technology Market, By Type Segment: Revenue Growth Analysis

14 IoT Market, By Region, 2020-2028 (USD Mllion)          

15 Big Data Market, By Region, 2020-2028 (USD Mllion)

16 Security Market, By Region, 2020-2028 (USD Mllion) 

17 Cloud Computing Market, By Region, 2020-2028 (USD Mllion)

18 Content Management Market, By Region, 2020-2028 (USD Mllion) 

19 Global Information and Communications Technology Market: By Application Scope Key TaIBM Corporationways

20 Global Information and Communications Technology Market, By Application Segment: Revenue Growth Analysis

21 Communication Services Market, By Region, 2020-2028 (USD Mllion)

22 Data Center Systems Market, By Region, 2020-2028 (USD Mllion)

23 Devices Market, By Region, 2020-2028 (USD Mllion)

24 Software Market, By Region, 2020-2028 (USD Mllion)

25 IT Market, By Region, 2020-2028 (USD Mllion)

26 Regional Segment: Revenue Growth Analysis

27 Global Information and Communications Technology Market: Regional Analysis

28 North America Information and Communications Technology Market Overview

29 North America Information and Communications Technology Market, By Type

30 North America Information and Communications Technology Market, By Application

31 North America Information and Communications Technology Market, By Country

32 U.S. Information and Communications Technology Market, By Type

33 U.S. Information and Communications Technology Market, By Application

34 Canada Information and Communications Technology Market, By Type

35 Canada Information and Communications Technology Market, By Application

36 Mexico Information and Communications Technology Market, By Type

37 Mexico Information and Communications Technology Market, By Application

38 Four Quadrant Positioning Matrix

39 Company Market Share Analysis

40 Microsoft Corporation: Company Snapshot

41 Microsoft Corporation: SWOT Analysis

42 Microsoft Corporation: Geographic Presence

43 HP: Company Snapshot

44 HP: SWOT Analysis

45 HP: Geographic Presence

46 Dell Technologies: Company Snapshot

47 Dell Technologies: SWOT Analysis

48 Dell Technologies: Geographic Presence

49 IBM Corporation: Company Snapshot

50 IBM Corporation: Swot Analysis

51 IBM Corporation: Geographic Presence

52 Intel Corporation: Company Snapshot

53 Intel Corporation: SWOT Analysis

54 Intel Corporation: Geographic Presence

55 Oracle Corporation: Company Snapshot

56 Oracle Corporation: SWOT Analysis

57 Oracle Corporation: Geographic Presence

58 SAP SE : Company Snapshot

59 SAP SE : SWOT Analysis

60 SAP SE : Geographic Presence

61 SAS Institute: Company Snapshot

62 SAS Institute: SWOT Analysis

63 SAS Institute: Geographic Presence

64 VMware: Company Snapshot

65 VMware: SWOT Analysis

66 VMware: Geographic Presence

67 Cisco Systems Inc. : Company Snapshot

68 Cisco Systems Inc. : SWOT Analysis

69 Cisco Systems Inc. : Geographic Presence

70 Other Companies: Company Snapshot

71 Other Companies: SWOT Analysis

72 Other Companies: Geographic Presence

The Global Information and Communications Technology Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Information and Communications Technology Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global information and communications technology market is projected to grow at a CAGR of 4.3% from 2023 to 2028.
Microsoft Corporation, HP, Cisco Systems, Dell Technologies, IBM Corporation, Intel Corporation, Oracle Corporation, SAP SE, SAS Institute, and VMware, are some of the key players in the market.
The global information and communications technology (ICT) market presents a range of opportunities for businesses across industries. One of the key opportunities lies in the adoption of 5G technology, which offers faster and more reliable connectivity, enabling a range of new applications and use cases. With the rollout of 5G networks and the proliferation of connected devices, there is a growing demand for advanced networking technologies, creating opportunities for businesses that provide solutions in this space.
The information and communications technology (ICT) market is driven by several factors that are transforming the way individuals and organizations communicate and operate. One of the key drivers is the increasing demand for faster and more reliable communication technologies, including high-speed internet and mobile devices. With the proliferation of connected devices and the Internet of Things (IoT), the demand for bandwidth and connectivity is only set to increase, leading to a greater need for advanced networking technologies.

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