In 2023, the ICT Gross Value Added in the US stood at approximately 1.8615 trillion USD. From 2024 onwards, the industry is forecasted to grow. Year-on-year, the industry is expected to witness a steady growth rate, beginning at 5.1% in 2025, followed by 5.0% in 2026, 4.7% in 2027, and 4.4% in 2028. The compound annual growth rate (CAGR) over the forecasted period is approximately 4.92%.

Future trends to watch for include:

The impact of emerging technologies such as AI, IoT, and 5G which could further accelerate growth.
Potential regulatory changes affecting the ICT sector.
Shifts in consumer and business technology demands influencing market dynamics.