2024 Information Technology & Computer Systems Industry Research Report

Information Technology & Computer Systems - Market Size and Industry Forecast

The 2024 Information Technology and Computer Systems Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the information technology & computer systems industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Information Technology & Computer Systems - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Information Technology & Computer Systems companies in the United States.

Information Technology & Computer Systems Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesInformation Technology & Computer Systems
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Information Technology & Computer Systems - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Information Technology & Computer Systems - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Information Technology & Computer Systems - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Computer systems design, development, & integration services
Custom computer application design & development services
Information technology (it) technical support services
Other custom application design & development services
It infrastructure (computer) & network management services
Information technology (it) technical consulting services
Custom website design & development services
Computer systems management
Video & audio streaming services

Information Technology & Computer Systems - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations11%

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Chief Executives0%
General and Operations Managers3%
Operations Specialties Managers5%
Business and Financial Operations Occupations10%
Business Operations Specialists8%
Computer and Mathematical Occupations56%
Computer Occupations56%
Computer and Information Analysts10%
Computer Systems Analysts9%
Software Developers and Programmers27%
Software Developers, Applications15%
Software Developers, Systems Software6%
Database and Systems Administrators and Network Architects7%
Computer Support Specialists8%
Computer User Support Specialists7%
Sales and Related Occupations6%
Office and Administrative Support Occupations9%

Government Contracts

In the past, the federal government spent an annual total of $33,814,577,439 on the information technology & computer systems industry. It has awarded 97,973 contracts to 7,257 companies, with an average value of $4,659,581 per company.

Information Technology & Computer Systems and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Information Technology & Computer Systems Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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