Revenue of the technology worldwide 2018-2028, by segment

Published by
Ahmed Sherif,
Oct 28, 2024

In 2024, communication services represented the largest segment of the technology market worldwide, with a revenue of 1.5 trillion U.S. dollars. Unsurprisingly, the IT services market also generated around 1.42 trillion U.S. dollars, making it the second-largest segment in the same year. Overall, the technology market size stood at approximately 6.4 trillion U.S. dollars globally. The market is expected to grow significantly by nearly 20 percentage points in 2025.

Revenue of the technology worldwide from 2018 to 2028, by segment (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

* Forecast

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Statistics on " IT sector in CEE "

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Overview

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