Industry Landscape
The IT Solutions & Services industry is currently experiencing robust growth, driven by digital transformation initiatives, increased adoption of cloud and AI technologies, and the persistent need for enhanced cybersecurity. Organizations are increasingly relying on external providers for specialized expertise, cost efficiency, and scalability. The market is dynamic, with continuous innovation and evolving demand for integrated, comprehensive solutions.
Total Assets Under Management (AUM)
IT Services Market Size in United States
~Approximately $500 billion USD (2023 estimate, specific to US IT services)
(8-10% CAGR)
- Cloud adoption and migration are key drivers.
- Demand for cybersecurity solutions is escalating.
- AI and automation are fostering new service opportunities.
Total Addressable Market
1.3 trillion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI
Generative AI will enable highly automated code generation, intelligent IT operations, and personalized customer support, significantly boosting efficiency and innovation in IT service delivery.
Edge Computing
Edge computing will decentralize data processing closer to the source, reducing latency and enabling real-time analytics for applications like IoT and autonomous systems, fundamentally changing IT infrastructure.
Quantum Computing Readiness
While still nascent, preparing for quantum computing will involve developing quantum-safe cryptographic solutions and exploring its potential for complex problem-solving, impacting long-term cybersecurity and computational capabilities.
Impactful Policy Frameworks
NIST Cybersecurity Framework 2.0 (2024)
NIST Cybersecurity Framework 2.0, updated in 2024, expands on the original framework to address emerging risks like AI and supply chain security, offering a comprehensive guide for organizations to manage and reduce cybersecurity risks.
This policy will drive increased demand for comprehensive cybersecurity solutions and professional services from providers like CDW, as businesses strive for compliance and enhanced protection against evolving threats.
American Data Privacy and Protection Act (ADPPA - Proposed, ongoing discussion)
While not yet enacted, the proposed American Data Privacy and Protection Act (ADPPA) aims to create a comprehensive federal data privacy law in the United States, superseding many state-level regulations and establishing national standards for data collection, use, and sharing.
If enacted, this policy will necessitate significant adjustments to data handling practices for all businesses, creating a strong market for privacy compliance solutions and data governance services offered by IT providers.
Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (2023)
Issued in October 2023, this Executive Order sets forth new standards for AI safety and security, promotes responsible innovation, protects privacy, and addresses bias and discrimination in AI systems.
This policy will lead to increased demand for AI governance, ethical AI development, and secure AI integration services, pushing IT solutions providers to offer expertise in compliant and responsible AI deployment.
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