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United States ICT Market (2026-2031) - Growth Driven by Cloud Computing and AI Adoption

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T AT&T Inc. is mentioned as a company within the US ICT market, which is experiencing growth driven by factors like 5G deployment and broadband funding. The article does not provide specific sentiment towards AT&T itself, but its inclusion suggests it is a player in this growing market. VZ Verizon Communications Inc. is listed as a company within the US ICT market, which is projected to grow significantly due to 5G deployment and broadband initiatives. The article does not offer specific sentiment for Verizon, but its presence indicates it's a participant in this expanding sector. MSFT Microsoft Corporation is identified as a key player in the US ICT market, benefiting from hybrid multi-cloud adoption, AI integration, and IT services demand. The article highlights growth in cloud services and AI, areas where Microsoft is a leader, suggesting a positive outlook. IBM IBM is mentioned in the context of the growing US ICT market, particularly in IT services, cloud, and AI integration. The article's positive outlook on these sectors, where IBM is active, suggests a bullish sentiment for the company. AMZN Amazon Web Services (AWS) is positioned to benefit from the growth in cloud computing, hybrid multi-cloud adoption, and data center expansion mentioned in the article. As a leading cloud provider, AWS is a direct beneficiary of these trends. GOOGL Alphabet Inc. (Google Cloud) is expected to benefit from the increasing demand for cloud services, AI integration, and hybrid multi-cloud environments. The article's positive outlook on these segments, where Google Cloud is a major player, indicates a bullish sentiment. ORCL Oracle Corporation is positioned to gain from the growth in IT services, cloud adoption, and AI integration within the US ICT market. The article's positive outlook on these areas suggests a favorable environment for Oracle. ADBE Adobe Inc. is likely to benefit from the growth in IT software spending, particularly with subscription-based models and generative AI capabilities mentioned in the article. This suggests a positive outlook for Adobe. DELL Dell Technologies Inc. is mentioned as a hardware provider within the US ICT market. While the article notes hardware demand is influenced by cloud consolidation, it also highlights growth in edge devices, suggesting a mixed but potentially neutral outlook for Dell. CSCO Cisco Systems, Inc. is listed as a company in the US ICT market. The article discusses growth in networking equipment and 5G deployment, areas relevant to Cisco. However, no specific sentiment is directed towards the company itself. TMUS T-Mobile US, Inc. is mentioned as a player in the US ICT market, benefiting from 5G deployment and broadband expansion. The article does not provide specific sentiment towards T-Mobile, but its role in 5G suggests it is part of a growing sector. CMCSA Comcast Corporation is identified as a communication services provider within the US ICT market, which is growing due to 5G and fixed wireless access adoption. The article does not offer specific sentiment for Comcast, but it operates in a positively trending market. CHTR Charter Communications, Inc. is mentioned as a communication services provider in the US ICT market, which is expanding due to 5G and broadband initiatives. The article does not provide specific sentiment for Charter, but it is part of a growing industry. LUMN Lumen Technologies, Inc. is listed as a company in the US ICT market, involved in communication services and potentially benefiting from broadband expansion and cloud connectivity. The article does not provide specific sentiment for Lumen. CRM Salesforce, Inc. is positioned to benefit from the growth in IT software spending, particularly with subscription-based models and AI capabilities. The article's positive outlook on software and AI suggests a bullish sentiment for Salesforce. PYPL PayPal Holdings, Inc. is mentioned within the context of the US ICT market. While the article discusses digital economy growth, it does not provide specific sentiment or direct relevance to PayPal's core business drivers like payment processing.

United States ICT Market (2026-2031) - Growth Driven by Cloud Computing and AI Adoption Dublin, Sept. 21, 2026 (GLOBE NEWSWIRE) -- "United States ICT - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering.

The United States ICT market is estimated to reach USD 1.61 trillion in 2026, rising from USD 1.50 trillion in 2025. The market is projected to expand to USD 2.29 trillion by 2031, registering a compound annual growth rate of 7.31% from 2026 to 2031. Growth is being supported by federal and state broadband funding, rapid 5G deployment, hybrid multi-cloud adoption, edge computing and rising demand for cybersecurity services.

Broadband Funding Expands the Digital Economy

Federal and state broadband programs are creating significant opportunities across the United States ICT market. The USD 42.45 billion Broadband Equity, Access, and Deployment program represents the largest broadband investment in U.S. history, with allocations approved for all 50 states, the District of Columbia and five U.S. territories. The program prioritizes infrastructure capable of delivering minimum download and upload speeds of 100 Mbps and 20 Mbps, respectively.

States are also supplementing federal investment with additional funding. California and Texas, for example, have committed billions of dollars to broadband expansion and related digital infrastructure. These initiatives are expected to increase demand for fiber networks, cloud connectivity, managed IT services, software platforms and edge infrastructure. Affordability provisions for lower-income households should also support sustained network adoption and help convert infrastructure expansion into recurring revenue for technology and communication service providers.

5G Deployment Supports Enterprise Digital Transformation

Rapid 5G network deployment remains another major driver of U.S. ICT market growth. Enterprise 5G connections reached approximately 176 million in the third quarter of 2024, while fixed wireless access represented a substantial share of new residential broadband additions.

Private 5G networks are enabling advanced applications across manufacturing, healthcare, logistics, transportation and large public venues. Businesses are using low-latency connectivity to support industrial automation, remote monitoring, connected devices and real-time data processing. As artificial intelligence workloads move closer to end users, 5G infrastructure will play an increasingly important role in supporting edge computing and time-sensitive AI applications.

Cybersecurity Skills Shortage Creates Challenges and Opportunities

The shortage of qualified cybersecurity professionals remains a significant constraint on digital transformation. Approximately 448,000 cybersecurity positions remain unfilled across the United States, limiting the ability of organizations to protect cloud environments, operational technology, connected devices and AI systems.

Although completions of cybersecurity-related degree programs have increased considerably during the past decade, demand continues to exceed supply. The shortage is contributing to higher labor costs and creating particular challenges for small and medium-sized enterprises. In response, organizations are increasing investment in security automation, workforce reskilling, managed security services, zero-trust architectures and continuous threat monitoring.

Additional factors influencing the United States ICT market include enterprise migration to hybrid multi-cloud environments, growing edge-computing requirements associated with Industry 4.0, and rising energy costs and sustainability pressures affecting data centers.

IT Services Maintain Market Leadership

IT services accounted for 37.65% of the United States ICT market in 2025, reflecting strong demand for cloud migration, cybersecurity, AI integration and managed services. Organizations continue to seek external expertise as they modernize legacy environments and address internal technology skills shortages.

IT security is forecast to record a 10.85% CAGR, making it one of the fastest-growing market categories through 2031. Demand is being driven by expanding attack surfaces, stricter governance requirements and increased adoption of cloud, AI and connected infrastructure.

IT software spending is benefiting from subscription-based delivery models and generative AI capabilities, while communication services are gaining from continued 5G and fixed wireless access adoption. Hardware demand remains influenced by cloud consolidation, although edge devices equipped with integrated security and AI acceleration capabilities are positioned for growth as industrial workloads expand.

Small and Medium-Sized Enterprises Drive Faster Growth

Large enterprises represented 62.45% of U.S. ICT spending in 2025, supported by multi-year investments in hybrid cloud, cybersecurity, network modernization and AI. However, small and medium-sized enterprises are projected to grow at a faster 9.62% CAGR.

Cloud-native enterprise software, low-code platforms, subscription cybersecurity and consumption-based pricing are lowering adoption barriers for smaller organizations. Broadband expansion and fixed wireless access are also extending high-speed connectivity into underserved and rural markets. Through 2031, these developments are expected to strengthen ICT adoption among smaller businesses and contribute to sustained expansion of the United States ICT market.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

4.1 Market Overview

4.2 Market Drivers

4.2.1 Accelerated federal and state broadband funding

4.2.2 Rapid 5G network roll-out

4.2.3 Enterprise migration to hybrid multi-cloud

4.2.4 Edge-computing demand from Industry 4.0

4.2.5 Hyperscale data-center expansion in secondary U.S. metros

4.2.6 Surge in AI/ML GPU server spending

4.3 Market Restraints

4.3.1 Cyber-security talent shortage

4.3.2 Advanced-node semiconductor supply constraints

4.3.3 Patchwork state-level data-privacy legislation

4.3.4 Rising energy costs and sustainability pressure on data centers

4.4 Value / Supply-Chain Analysis

4.5 Regulatory Landscape

4.6 Technological Outlook

4.7 Porter's Five Forces Analysis

4.7.1 Bargaining Power of Suppliers

4.7.2 Bargaining Power of Consumers

4.7.3 Threat of New Entrants

4.7.4 Threat of Substitutes

4.7.5 Intensity of Competitive Rivalry

5 MARKET SIZE and GROWTH FORECASTS (VALUE, USD)

5.1 By Type

5.1.1 IT Hardware

5.1.1.1 Computer Hardware

5.1.1.2 Networking Equipment

5.1.1.3 Peripherals

5.1.2 IT Software

5.1.3 IT Services

5.1.3.1 Managed Services

5.1.3.2 Business Process Services

5.1.3.3 Business Consulting Services

5.1.3.4 Cloud Services

5.1.4 IT Infrastructure / Data Centers

5.1.4.1 Colocation Data Centers

5.1.4.2 Storage

5.1.4.3 Servers

5.1.4.4 Compute

5.1.5 IT Security / Cyber-security

5.1.5.1 Application Security

5.1.5.2 Cloud Security

5.1.5.3 Data Security

5.1.5.4 Identity and Access Management

5.1.5.5 Infrastructure Protection

5.1.5.6 Integrated Risk Management

5.1.5.7 Network Security Equipment

5.1.5.8 Endpoint Security

5.1.6 Communication Services

5.2 By Enterprise Size

5.2.1 Small and Medium Enterprises

5.2.2 Large Enterprises

5.3 By Industry Vertical

5.3.1 BFSI

5.3.2 IT and Telecom

5.3.3 Government

5.3.4 Retail and E-commerce

5.3.5 Manufacturing

5.3.6 Energy and Utilities

5.3.7 Others

5.4 By Deployment Model

5.4.1 On-premises

5.4.2 Cloud-only

5.4.3 Hybrid

6 COMPETITIVE LANDSCAPE

6.1 Market Concentration

6.2 Strategic Moves

6.3 Market Share Analysis

6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)

6.4.1 AT&T Inc.

6.4.2 Verizon Communications Inc.

6.4.3 Microsoft Corporation

6.4.4 International Business Machines Corporation

6.4.5 Amazon Web Services, Inc.

6.4.6 Alphabet Inc. (Google Cloud)

6.4.7 Oracle Corporation

6.4.8 Adobe Inc.

6.4.9 Dell Technologies Inc.

6.4.10 Cisco Systems, Inc.

6.4.11 T-Mobile US, Inc.

6.4.12 Comcast Corporation

6.4.13 Charter Communications, Inc.

6.4.14 Lumen Technologies, Inc.

6.4.15 Cognizant Technology Solutions Corp.

6.4.16 Wipro Limited

6.4.17 HCL Technologies Ltd.

6.4.18 Salesforce, Inc.

6.4.19 PayPal Holdings, Inc.

6.4.20 Capgemini SE

7 MARKET OPPORTUNITIES and FUTURE OUTLOOK

7.1 White-space and Unmet-Need Assessment

For more information about this report visit https://www.researchandmarkets.com/r/8wb9n

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