Total addressable IT market by category and segment
All figures in US$ billion
Source: Canalys estimates, July 2023
Components and peripherals: US$43
Cybersecurity: US$79
Unified communications: US$45
Client
devices,
imaging,
printing:
US$324
Telecommunications
services: US$1,423
IT services: US$1,506
Software: US$833
Infrastructure:
US$417
Outsourcing: US$111
On-premises application software: US$425
Cloud application software: US$215
Other software: US$193
Client computing: US$214
Imaging and printing: US$54
Smartphones: US$56
Networking: US$72
Servers: US$107
Storage, backup and disaster recovery: US$54
Service provider infrastructure: US$185
Managed services: US$488
Cloud infrastructure services: US$287
IT consulting: US$190
Deployment and integration services: US$140
Maintenance and support: US$289
$4.7 trillion
Worldwide total addressable
IT market value (2023)