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(I-SoftwareNews.Com, June 22, 2018 ) The information technology (IT) industry deals with the application of computers, computer peripherals and telecommunications equipment to store, retrieve, transmit and manoeuvre data. It involves computer networking, broadcasting, systems design services and information distribution technologies like television and telephones.
Read the report at https://www.thebusinessresearchcompany.com/report/information-technology-global-market-report-2018
The market is valued at $5 trillion in 2017 due to the IT development in growing economies like China and India as these countries are practising high levels of tech adoption. Asia Pacific was the largest region in the market in 2017, accounting for around two-fifths of the market share.
The information technology (IT) market in The Business Research Company’s report is split into four segments: IT services, computer hardware, telecom, and software product. Telecommunications was the largest segment with almost half of the market share. IT Services was the second largest segment with close to two-fifth of the market share. It was followed by software publishers with ten percent of the market share, and computer hardware with less than five-percent of the market share.
Download a sample of the report at https://www.thebusinessresearchcompany.com/sample.aspx?id=310&type=smp
The USA was the largest country in the information technology market in 2017, accounting for over one-fifth of the market share. This is due to presence of large number of software and mobile application developers. The USA was followed by China and Germany as the next largest countries in the market.
The top five competitors in the market are AT&T, Apple, Verizon Communications Inc., China Mobile Ltd, and Microsoft. AT&T was the biggest player in IT industry in 2017, with revenue exceeding $160 billion. AT&T Inc. provides communications and digital entertainment services. It has three business segments: wireless, u-verse and business. It offers services to multinational companies, governmental and wholesale customers, and individual subscribers. The company is based in Dallas, USA.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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Source: EmailWire.Com 
Source: EmailWire.com
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