The U.S. IT industry is continuing to grow, but it is facing some challenges. According to a recent report by the Information Technology Industry Council (ITI), the IT industry is expected to generate $1.8 trillion in revenue in 2023, up from $1.6 trillion in 2022. The report also projects that the IT industry will create 600,000 new jobs in 2023.
Despite this growth, the IT industry is facing some challenges. One challenge is the shortage of skilled IT workers. According to a recent survey by CompTIA, there is a shortage of 2.1 million IT workers in the United States. This shortage is expected to worsen in the coming years as the demand for IT workers continues to grow. Another challenge facing the IT industry is the increasing complexity of technology. As technology becomes more complex, it becomes more difficult for businesses to manage and secure their IT systems. This can lead to security breaches and other problems.
Despite these challenges, the U.S. IT industry is still expected to grow in the coming years. The industry is being driven by a number of factors, including the increasing adoption of cloud computing, the growth of mobile devices, and the need for businesses to digitize their operations.
Information Technology Industry Council: https://www.itic.org/
The Business Research Company: https://www.thebusinessresearchcompany.com/