Exhibitions in USA for IT & Technology

If we’re to talk about the global leader in the IT & technology industry, we have to talk about the USA as the IT sector accounts for one-third of its $5 trillion industry. This translates to a contribution of approximately $1.9 trillion to the US value-added GDP, which constitutes more than 10% of the national economy. Furthermore, the IT sector plays a major role in employment as it provides 12.1 million jobs across various specialties. The US is home to over 557,000 software and IT services companies, with around 13,400 tech startups emerging in 2019 alone. The industry encompasses a wide array of sectors, including software publishing, custom computer programming, computer systems design, and facilities management. The demand for IT professionals continues to grow, with a total of 4.9 million job postings in tech occupations reported in 2019. That’s 307,000 new jobs in total. The number has only continued to climb. The IT & technology industry in the USA benefits from a highly educated and skilled workforce, comprising 1.6 million software and web developers. The nation's strong emphasis on education and training in technology fields ensures a steady pipeline of talent equipped to meet the evolving demands of the market. The reliability and effectiveness of US software solutions are recognized globally, with American firms leading the way in both packaged and custom software markets. International interest in the US tech market remains robust, largely due to its strong intellectual property rights laws and enforcement mechanisms, which protect innovation. Almost half of the spending in the US tech market is directed towards tech services and software industries. The economic impact of the US IT sector is significant, highlighted by almost $37 million in foreign direct investment within the software publishing industry in 2019.

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