The value added of computer programming and consultancy services in the US was $463.08 billion in 2023. From 2013 to 2023, the sector saw consistent growth, with an average compound annual growth rate (CAGR) of 6.73%. Over the past two years, the sector experienced growth rates of 5.4% in 2022 and 5.09% in 2023. Looking ahead, the forecasted CAGR for the next five years is 3.34%, indicating moderated growth.

Future trends to watch for:

Adoption of emerging technologies like AI and machine learning driving demand for specialized consultancy.
Increased focus on cybersecurity and data protection services.
Potential market consolidation among smaller firms.