By 2023, the number of self-employed people in the IT services sector in the US stood at 182 thousand units (jobs). From 2013 to 2023, the sector experienced significant fluctuations. Major dips occurred in 2014 with a 13.97% reduction, while notable growth was seen in 2016 (15.08%) and 2020 (10.46%). The overall 5-year CAGR from 2018-2023 was 4.51%, indicating steady growth. Forecasts suggest continued growth, though at a slower pace, with a 5-year CAGR (2024-2028) of 0.85% and a forecasted year-on-year growth of approximately 4.35% by 2028.
Future trends to watch for:
- Impact of emerging technologies like AI and blockchain on self-employment opportunities in IT.
- Influence of economic conditions and remote work trends on the sector.
- Potential policy changes affecting freelancer and gig economy regulations.
- Evolution in demand for cybersecurity and cloud computing services.