Global Information and Communications Technology (ICT) Supply, Demand and Key Producers, 2023-2029

Global Information and Communications Technology (ICT) Supply, Demand and Key Producers, 2023-2029

The global Information and Communications Technology (ICT) market size is expected to reach $ 6399420 million by 2029, rising at a market growth of 3.2% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Information and Communications Technology (ICT) are Apple, Microsoft, China Mobile, Verizon and Deutsche Telekom, which make up about 20%. Among them, Apple is the leader with about 8% market share.

Asia-Pacific is the largest market, with a share about 40%, followed by Americas and Europe, with share about 39% and 19%. In terms of product type, ICT Services occupy the largest share of the total market, about 70%. And in terms of product application, the largest application is Enterprise, followed by Government.

In 1998, OECD member countries agreed to define the ICT sector as a combination of manufacturing and services industries that capture, transmit and display data and information electronically.

Information and communication technology (ICT) refers to both different types of communications networks and the technologies used in them. The ICT sector combines manufacturing and services industries whose products primarily fulfil or enable the function of information processing and communication by electronic means, including transmission and display.

This report studies the global Information and Communications Technology (ICT) demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Information and Communications Technology (ICT), and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Information and Communications Technology (ICT) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Information and Communications Technology (ICT) total market, 2018-2029, (USD Million)

Global Information and Communications Technology (ICT) total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Information and Communications Technology (ICT) total market, key domestic companies and share, (USD Million)

Global Information and Communications Technology (ICT) revenue by player and market share 2018-2023, (USD Million)

Global Information and Communications Technology (ICT) total market by Type, CAGR, 2018-2029, (USD Million)

Global Information and Communications Technology (ICT) total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Information and Communications Technology (ICT) market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Apple, Microsoft, China Mobile, Verizon, Deutsche Telekom, AT&T, Comcast Corporation, Dell and NTT, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Information and Communications Technology (ICT) market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Information and Communications Technology (ICT) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Information and Communications Technology (ICT) Market, Segmentation by Type
ICT Manufacturing
ICT Services

Global Information and Communications Technology (ICT) Market, Segmentation by Application
Government
Enterprise
Consumer

Companies Profiled:
Apple
Microsoft
China Mobile
Verizon
Deutsche Telekom
AT&T
Comcast Corporation
Dell
NTT
Huawei
TSMC
China Telecom
Intel
HP
Lenovo
IBM
Vodafone
Qualcomm
KDDI
Oracle

Key Questions Answered

1. How big is the global Information and Communications Technology (ICT) market?

2. What is the demand of the global Information and Communications Technology (ICT) market?

3. What is the year over year growth of the global Information and Communications Technology (ICT) market?

4. What is the total value of the global Information and Communications Technology (ICT) market?

5. Who are the major players in the global Information and Communications Technology (ICT) market?

6. What are the growth factors driving the market demand?