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Information Technology Industry Analysis

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Added on  2019-10-18

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This paper studies the growth and working scenario of Information Technology industry of USA. It defines the last five years growth of IT sector in domestic and export markets of the US, SSI, potential opportunities for future innovation and more.

Information Technology Industry Analysis

   Added on 2019-10-18

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Running Head: Information Technology Industry Analysis INFORMATION TECHNOLOGY INDUSTRY ANALYSIS[Document subtitle]
Information Technology Industry Analysis_1
Information Technology Industry Analysis 1Introduction In today's scenario, the Information Technology industry plays a vital role in the development of the US economy. Information technology always comes with a set of new techniques and principles that further improves the working of other industries too. The main motive of this paper is to study the growth and working scenario of Information Technology industry of USA. In order to satisfy this aim, the paper defined the last five years growth of IT sector in domestic and export markets of the US. Apart from this, an explanation regarding SSI (including industry structure, scenario, and institution) also conducted to study its legal and management environment. Hence, it will provide valuable knowledge about the latest trends in Information Technology Industry of USA. Moreover, information technology industry failure and weaknesses also studied to identify the wrong and right actions taken within the industry for its growth. Hence, it will provide a piece of significant information about industry weaknesses and potential actions for further improvement. Also, a policy also framed to address its foremost critical weakness. Therefore, it would be easy for its readers to understand IT sector growth in the USA and potential actions in the near future.Information Technology industry of US Information technology industry of the United States is one of the most powerful in the world. United State is one of the most powerful and advanced information technology and software services industry in the world. It is found that due to increase in globalization and advancement in technological sector United State has gained a lot of significant it is because almost more then a quarter of the 3.8$ trillion global information technology market and firm is established and performing in the United States. In the world, the United State is one of the largest Information technology market which has pushed the United State economic to attain sustainable growth in term of gross domestic product. In relation with other industries, it is found that information technology accounts significant growth in term of GDP which helped the United States in attaining economic growth in an effective and efficient manner (Schement, J. R. 2018). At the end of this section, it can be said that the information technology industry is performing very well in the market at both the level that is domestic as well as international level. It is observed that among other sectors of the industries information technology industry is one which is helping the economy to grow in an effective and efficient manner.Discussion on IT sector current economic prospectsLast five years growth of IT sector in Domestic market of USSince the last five year, it is noticed that the Information technology sector in the United States isperforming well and growing with the pace of time. Industry contributions to changes in real gross domestic product
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