Information Technology Services

Companies in this industry provide services such as software support, computer systems design, and data processing facilities management.

Worldwide spending on IT services is about $935 billion annually, according to Gartner. Among world regions, Europe is the leading exporter of computer services (more than 60% of all exports), followed by Asia (about 24%) and North America (6%), according to the World Trade Organization. A digital divide regarding access to and use of information and communication technologies hinders Africa’s participation in exports of IT services.

The US information technology (IT) services industry includes about 142,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $380 billion.

Here’s a snapshot of select publicly listed IT Services companies:

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