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The technology consulting industry is experiencing rapid growth, primarily driven by the increasing adoption of AI, cloud computing, and digital transformation initiatives across all sectors. Generative AI is emerging as a significant disruptor, creating new opportunities for efficiency and innovation. Companies are increasingly seeking external expertise to navigate complex technological landscapes, modernize legacy systems, and leverage data for competitive advantage.
Total Assets Under Management (AUM)
IT Services Market Size in United States
~$514.8 Billion (2023)
(7.3% CAGR)
• Driven by strong demand for digital transformation.
• Cloud and cybersecurity services are key growth areas.
• AI integration is rapidly expanding the market.
$514.8 Billion