SlideShare a Scribd company logo
1 of 11
Download to read offline
2014 Information Technology
Industry Outlook
IT Industry Employment vs. IT Occupation Employment

IT
Industry
Employment

An estimated 5.73 million
workers were employed in the
U.S. information technology
industry in 2013. This includes
technical and non-technical
positions in employer firms and
non-employer firms.

IT
Occupation
Employment

Within the IT
industry, there
are many IT
occupations.

An estimated 4.74 million workers
were employed in core IT
occupations, across the full
spectrum of U.S. industry sectors
and the government sector in 2013.
This figure includes non-employers,
such as the self-employed or sole
proprietors.

Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
IT Jobs Distribution by State/Region
Total U.S. Core IT job count for 2013: 4.74 million workers
Midwest:
934 K
Northeast:
906 K

West:
1.2 M

South:
1.6 M

Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
2013 U.S. IT Industry Employment Estimates
IT
Hardware
Mfg.

1,098,725
employed

Software
Publishing
324,669
employed

5.7 million
employed* in the
U.S. Info Tech Sector

IT Services

357,940

IT Hardware Mfg.: 18,835 establishments
•
•
•
•
•
•

Computer &peripheral equipment
Communications equipment
A/V equipment
Semiconductors & electrical components
Measuring & control instruments
Magnetic & Optical media

Software Publishing: 12,187 establishments
• Software

IT Services: 228,373 establishments
•
•
•
•
•

Computer system design & implementation
Custom computer programming
Support and management
Maintenance & repair services
Computer training

employed

2,288,462

Telecom/Info Services: 67,047 establishments

U.S. Employer
Establishments

Telecom &
Info
Services

Includes technical and non-technical occupations.
The 357,940 figure includes employer firms ONLY –
firms with payroll and employees.
There are an estimated 878,243 self-employed,
non-employer entities. These could be consultants,
contractors, independent mobile app developers
and other individual entities without payroll.

1,526,839
employed

Retail &
Wholesale
& Dist.
491,123
employed

•
•
•
•

Wired telecom services
Wireless telecom services
Satellite services
Data processing, hosting and search
services

Retail & Wholesale: 31,498 establishments
• Computer & software stores
• Computer, peripheral and software
wholesalers
• Online computer & related retailers

Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
IT Industry Executives Feeling Slightly More
Confident Heading into 2014
CompTIA’s IT Industry Business Confidence Index is calculated on a 100-point scale, using an aggregation of three
metrics: 1). Opinions of the U.S. economy, 2). Opinions of the IT industry, and 3). Opinions of one’s company.

64.0
62.0

60.0
58.0
56.0
54.0
52.0

50.0
48.0
46.0
Forecast

Q1 '14

Q4 '13

Q3 '13

Q2 '13

Q1 '13

Q4 '12

Q3 '12

Q2 '12

Q1 '12

Q4 '11

Q3 '11

Q2 '11

Q1 '11

Q4 '10

Q3 '10

Q2 '10

Q1 '10

Q4 '09

Q3 '09

44.0

Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
CompTIA IT Industry Growth Forecast
Global IT Industry Revenue Forecast

U.S. IT Industry Revenue Forecast

2014 Optimistic projection:
2014 Pessimistic projection:
2014 Midpoint projection:

2014 Optimistic projection:
2014 Pessimistic projection:
2014 Midpoint projection:

5.9%
1.0%
3.4%

7.0

6.0

6.0

Growth Rate Range

8.0

7.0
Growth Rate Range

8.0

5.4%
0.7%
3.0%

5.0

4.0
3.0
2.0

5.0

4.0
3.0
2.0

1.0

1.0

0.0

0.0
2010 2011 2012 2013 2014

2010 2011 2012 2013 2014

Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
Many IT Industry Executives Expect Positive
Growth in 2014, Even Under Pessimistic Scenario
U.S. IT Industry Revenue Forecast: Distribution of Opinions
-12% growth

Midpoint =
0% growth

+12% growth

Optimistic scenario:
94% NET positive growth forecast
3% Flat growth forecast
4% NET negative growth forecast

Pessimistic scenario:
61% NET positive growth forecast
13% Flat growth forecast
26% NET negative growth forecast

Shaded area =
Optimistic
scenario

Line = Pessimistic
scenario

Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
Planned 2014 Investments by Firm Size
Micro
Firms

Small
Firms

Medium
Firms

Large
Firms

Staffing levels in technical positions

29%

45%

49%

37%

Investments in new products or business lines

34%

42%

49%

36%

Technology expenditures

42%

43%

46%

30%

Staff training or professional development

41%

40%

39%

28%

Marketing/advertising expenditures

34%

35%

33%

36%

Staffing levels in non-technical positions

22%

38%

41%

26%

Capital expenditures (e.g. non technology)

22%

24%

29%

25%

Business travel

24%

37%

22%

12%

Percent Planning an Increase

Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
Despite Strong Customer Demand for Technology,
Spending Still Seen as Fragile by IT Firms
IT firm executives’ concerns over factors most likely to negatively impact growth during 2014

Price sensitive customers hesitant to spend

45%

Government regulation

35%

General lack of confidence/paralysis

32%

Labor costs/availability of skilled workers

32%

IT industry squeezed by decreasing margins

31%

Unexpected shock (e.g. natural disaster)

30%

Competition from new firms entering space

26%

Lengthy sales cycles

25%

Disruptive technologies or business models

20%

Access to credit/capital

18%

Weak export market

10%

Input/commodity price inflation

10%

Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
Trends to Watch in 2014
 Technology Becomes a Core Competency for More Businesses

Macro
Trends

 Mass Customization Gets More Sophisticated
 Processes and Workflow Get a Makeover
 Technology Increasingly Embraced as the Remote Control of Life
 Cloud Wars Intensify

Tech
Trends

 Diverse Devices Flood the Market
 Big Data Has a Little Sibling
 Software’s Appetite is not Satisfied
 When It Comes to Channel Businesses, It Can be OK to Stay in Two Lanes

Channel
Trends

 Time to Rebrand the ‘Trusted Advisor’

 Back to the Basics: Reinvesting in Technical Expertise
 Channel Dynamics: Partner or Competitor?
About this Research
These charts are an excerpt of key findings from CompTIA’s 2014 IT Industry Outlook
CompTIA’s IT Industry Outlook 2014 provides an overview of the size, shape and growth factors of the
information technology (IT) industry and the IT channel.
The study consists of three sections, which can be viewed independently or together as chapters of a
comprehensive report.

Section 1:
Section 2:
Section 3:

IT Industry and Workforce Overview
IT Industry Growth Projections
Technology and Channel Trends

CompTIA’s research program publishes around 25 unique studies year. CompTIA members have access to a
research library containing more than 100 reports covering technology, business, workforce and channel
trends.
This study and all CompTIA research is one way in which the association re-invests resources in the IT channel.
As the voice of the IT industry, CompTIA has hundreds of tools, market intelligence reports and business
training programs to help IT channel organizations grow through education, certification, advocacy and
philanthropy. The full report is available at no cost to CompTIA members to help them develop and hone their
business plans.
Visit www.comptia.org or contact research@comptia.org for more information.

More Related Content

Viewers also liked

Social impacts information technology
Social impacts information technologySocial impacts information technology
Social impacts information technology
Rimple Darra
 
Introduction to information technology lecture 1
Introduction to information technology lecture 1Introduction to information technology lecture 1
Introduction to information technology lecture 1
adpafit
 
Project on training and development by karan k kamdi (2)
Project on training and development by karan k kamdi (2)Project on training and development by karan k kamdi (2)
Project on training and development by karan k kamdi (2)
Akshay Bhagat
 
49368010 project-report-on-training-and-development
49368010 project-report-on-training-and-development49368010 project-report-on-training-and-development
49368010 project-report-on-training-and-development
sagarkirti
 

Viewers also liked (11)

Social impacts information technology
Social impacts information technologySocial impacts information technology
Social impacts information technology
 
A project report on training and development with reference to hal
A project report on training and development with reference to halA project report on training and development with reference to hal
A project report on training and development with reference to hal
 
Information technology & its applications - 1
Information technology & its applications - 1Information technology & its applications - 1
Information technology & its applications - 1
 
Introduction to information technology lecture 1
Introduction to information technology lecture 1Introduction to information technology lecture 1
Introduction to information technology lecture 1
 
INFORMATION TECHNOLOGY FOR BUSINESS
INFORMATION TECHNOLOGY FOR BUSINESSINFORMATION TECHNOLOGY FOR BUSINESS
INFORMATION TECHNOLOGY FOR BUSINESS
 
Introduction to information technology lecture 1
Introduction to information technology   lecture 1Introduction to information technology   lecture 1
Introduction to information technology lecture 1
 
Project on training and development by karan k kamdi (2)
Project on training and development by karan k kamdi (2)Project on training and development by karan k kamdi (2)
Project on training and development by karan k kamdi (2)
 
49368010 project-report-on-training-and-development
49368010 project-report-on-training-and-development49368010 project-report-on-training-and-development
49368010 project-report-on-training-and-development
 
Presentation on aviation industry
Presentation on aviation industryPresentation on aviation industry
Presentation on aviation industry
 
INFORMATION SECURITY
INFORMATION SECURITYINFORMATION SECURITY
INFORMATION SECURITY
 
LinkedIn SlideShare: Knowledge, Well-Presented
LinkedIn SlideShare: Knowledge, Well-PresentedLinkedIn SlideShare: Knowledge, Well-Presented
LinkedIn SlideShare: Knowledge, Well-Presented
 

More from CompTIA

More from CompTIA (20)

CompTIA IT Employment Tracker – December 2021
CompTIA IT Employment Tracker –  December 2021CompTIA IT Employment Tracker –  December 2021
CompTIA IT Employment Tracker – December 2021
 
CompTIA IT Employment Tracker – November 2021
CompTIA IT Employment Tracker –  November 2021CompTIA IT Employment Tracker –  November 2021
CompTIA IT Employment Tracker – November 2021
 
CompTIA IT Employment Tracker – October 2021
CompTIA IT Employment Tracker –  October 2021CompTIA IT Employment Tracker –  October 2021
CompTIA IT Employment Tracker – October 2021
 
CompTIA IT Employment Tracker – September 2021
CompTIA IT Employment Tracker –  September 2021CompTIA IT Employment Tracker –  September 2021
CompTIA IT Employment Tracker – September 2021
 
CompTIA IT Employment Tracker – July 2021
CompTIA IT Employment Tracker –  July 2021CompTIA IT Employment Tracker –  July 2021
CompTIA IT Employment Tracker – July 2021
 
CompTIA IT Employment Tracker – June 2021
CompTIA IT Employment Tracker –  June 2021CompTIA IT Employment Tracker –  June 2021
CompTIA IT Employment Tracker – June 2021
 
Trends in Automation 2021
Trends in Automation 2021Trends in Automation 2021
Trends in Automation 2021
 
CompTIA IT Employment Tracker – May 2021
CompTIA IT Employment Tracker –  May 2021CompTIA IT Employment Tracker –  May 2021
CompTIA IT Employment Tracker – May 2021
 
CompTIA IT Employment Tracker – April 2021
CompTIA IT Employment Tracker –  April 2021CompTIA IT Employment Tracker –  April 2021
CompTIA IT Employment Tracker – April 2021
 
IT Operations and Emerging Technology
IT Operations and Emerging TechnologyIT Operations and Emerging Technology
IT Operations and Emerging Technology
 
CompTIA IT Employment Tracker – March 2021
CompTIA IT Employment Tracker – March 2021CompTIA IT Employment Tracker – March 2021
CompTIA IT Employment Tracker – March 2021
 
Help Desk Trends
Help Desk TrendsHelp Desk Trends
Help Desk Trends
 
CompTIA IT Employment Tracker – February 2021
CompTIA IT Employment Tracker –  February 2021CompTIA IT Employment Tracker –  February 2021
CompTIA IT Employment Tracker – February 2021
 
CompTIA 2021 IT Industry Outlook
CompTIA 2021 IT Industry OutlookCompTIA 2021 IT Industry Outlook
CompTIA 2021 IT Industry Outlook
 
CompTIA IT Employment Tracker - January 2021
CompTIA IT Employment Tracker - January 2021CompTIA IT Employment Tracker - January 2021
CompTIA IT Employment Tracker - January 2021
 
CompTIA IT Employment Tracker – November 2020
CompTIA IT Employment Tracker –  November 2020CompTIA IT Employment Tracker –  November 2020
CompTIA IT Employment Tracker – November 2020
 
CompTIA IT Employment Tracker – October 2020
CompTIA IT Employment Tracker – October 2020CompTIA IT Employment Tracker – October 2020
CompTIA IT Employment Tracker – October 2020
 
CompTIA IT Employment Tracker – September 2020
CompTIA IT Employment Tracker –  September 2020CompTIA IT Employment Tracker –  September 2020
CompTIA IT Employment Tracker – September 2020
 
CompTIA IT Employment Tracker – August 2020
CompTIA IT Employment Tracker –  August 2020CompTIA IT Employment Tracker –  August 2020
CompTIA IT Employment Tracker – August 2020
 
CompTIA IT Employment Tracker – July 2020
CompTIA IT Employment Tracker –  July 2020CompTIA IT Employment Tracker –  July 2020
CompTIA IT Employment Tracker – July 2020
 

Recently uploaded

Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
vu2urc
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
Enterprise Knowledge
 

Recently uploaded (20)

TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...Driving Behavioral Change for Information Management through Data-Driven Gree...
Driving Behavioral Change for Information Management through Data-Driven Gree...
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?What Are The Drone Anti-jamming Systems Technology?
What Are The Drone Anti-jamming Systems Technology?
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men08448380779 Call Girls In Friends Colony Women Seeking Men
08448380779 Call Girls In Friends Colony Women Seeking Men
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
Advantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your BusinessAdvantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your Business
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 

CompTIA's Information Technology Industry Outlook

  • 2. IT Industry Employment vs. IT Occupation Employment IT Industry Employment An estimated 5.73 million workers were employed in the U.S. information technology industry in 2013. This includes technical and non-technical positions in employer firms and non-employer firms. IT Occupation Employment Within the IT industry, there are many IT occupations. An estimated 4.74 million workers were employed in core IT occupations, across the full spectrum of U.S. industry sectors and the government sector in 2013. This figure includes non-employers, such as the self-employed or sole proprietors. Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
  • 3. IT Jobs Distribution by State/Region Total U.S. Core IT job count for 2013: 4.74 million workers Midwest: 934 K Northeast: 906 K West: 1.2 M South: 1.6 M Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
  • 4. 2013 U.S. IT Industry Employment Estimates IT Hardware Mfg. 1,098,725 employed Software Publishing 324,669 employed 5.7 million employed* in the U.S. Info Tech Sector IT Services 357,940 IT Hardware Mfg.: 18,835 establishments • • • • • • Computer &peripheral equipment Communications equipment A/V equipment Semiconductors & electrical components Measuring & control instruments Magnetic & Optical media Software Publishing: 12,187 establishments • Software IT Services: 228,373 establishments • • • • • Computer system design & implementation Custom computer programming Support and management Maintenance & repair services Computer training employed 2,288,462 Telecom/Info Services: 67,047 establishments U.S. Employer Establishments Telecom & Info Services Includes technical and non-technical occupations. The 357,940 figure includes employer firms ONLY – firms with payroll and employees. There are an estimated 878,243 self-employed, non-employer entities. These could be consultants, contractors, independent mobile app developers and other individual entities without payroll. 1,526,839 employed Retail & Wholesale & Dist. 491,123 employed • • • • Wired telecom services Wireless telecom services Satellite services Data processing, hosting and search services Retail & Wholesale: 31,498 establishments • Computer & software stores • Computer, peripheral and software wholesalers • Online computer & related retailers Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
  • 5. IT Industry Executives Feeling Slightly More Confident Heading into 2014 CompTIA’s IT Industry Business Confidence Index is calculated on a 100-point scale, using an aggregation of three metrics: 1). Opinions of the U.S. economy, 2). Opinions of the IT industry, and 3). Opinions of one’s company. 64.0 62.0 60.0 58.0 56.0 54.0 52.0 50.0 48.0 46.0 Forecast Q1 '14 Q4 '13 Q3 '13 Q2 '13 Q1 '13 Q4 '12 Q3 '12 Q2 '12 Q1 '12 Q4 '11 Q3 '11 Q2 '11 Q1 '11 Q4 '10 Q3 '10 Q2 '10 Q1 '10 Q4 '09 Q3 '09 44.0 Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
  • 6. CompTIA IT Industry Growth Forecast Global IT Industry Revenue Forecast U.S. IT Industry Revenue Forecast 2014 Optimistic projection: 2014 Pessimistic projection: 2014 Midpoint projection: 2014 Optimistic projection: 2014 Pessimistic projection: 2014 Midpoint projection: 5.9% 1.0% 3.4% 7.0 6.0 6.0 Growth Rate Range 8.0 7.0 Growth Rate Range 8.0 5.4% 0.7% 3.0% 5.0 4.0 3.0 2.0 5.0 4.0 3.0 2.0 1.0 1.0 0.0 0.0 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
  • 7. Many IT Industry Executives Expect Positive Growth in 2014, Even Under Pessimistic Scenario U.S. IT Industry Revenue Forecast: Distribution of Opinions -12% growth Midpoint = 0% growth +12% growth Optimistic scenario: 94% NET positive growth forecast 3% Flat growth forecast 4% NET negative growth forecast Pessimistic scenario: 61% NET positive growth forecast 13% Flat growth forecast 26% NET negative growth forecast Shaded area = Optimistic scenario Line = Pessimistic scenario Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
  • 8. Planned 2014 Investments by Firm Size Micro Firms Small Firms Medium Firms Large Firms Staffing levels in technical positions 29% 45% 49% 37% Investments in new products or business lines 34% 42% 49% 36% Technology expenditures 42% 43% 46% 30% Staff training or professional development 41% 40% 39% 28% Marketing/advertising expenditures 34% 35% 33% 36% Staffing levels in non-technical positions 22% 38% 41% 26% Capital expenditures (e.g. non technology) 22% 24% 29% 25% Business travel 24% 37% 22% 12% Percent Planning an Increase Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
  • 9. Despite Strong Customer Demand for Technology, Spending Still Seen as Fragile by IT Firms IT firm executives’ concerns over factors most likely to negatively impact growth during 2014 Price sensitive customers hesitant to spend 45% Government regulation 35% General lack of confidence/paralysis 32% Labor costs/availability of skilled workers 32% IT industry squeezed by decreasing margins 31% Unexpected shock (e.g. natural disaster) 30% Competition from new firms entering space 26% Lengthy sales cycles 25% Disruptive technologies or business models 20% Access to credit/capital 18% Weak export market 10% Input/commodity price inflation 10% Source: CompTIA 2014 Industry Outlook | Base: 525 executives at U.S. IT firms
  • 10. Trends to Watch in 2014  Technology Becomes a Core Competency for More Businesses Macro Trends  Mass Customization Gets More Sophisticated  Processes and Workflow Get a Makeover  Technology Increasingly Embraced as the Remote Control of Life  Cloud Wars Intensify Tech Trends  Diverse Devices Flood the Market  Big Data Has a Little Sibling  Software’s Appetite is not Satisfied  When It Comes to Channel Businesses, It Can be OK to Stay in Two Lanes Channel Trends  Time to Rebrand the ‘Trusted Advisor’  Back to the Basics: Reinvesting in Technical Expertise  Channel Dynamics: Partner or Competitor?
  • 11. About this Research These charts are an excerpt of key findings from CompTIA’s 2014 IT Industry Outlook CompTIA’s IT Industry Outlook 2014 provides an overview of the size, shape and growth factors of the information technology (IT) industry and the IT channel. The study consists of three sections, which can be viewed independently or together as chapters of a comprehensive report. Section 1: Section 2: Section 3: IT Industry and Workforce Overview IT Industry Growth Projections Technology and Channel Trends CompTIA’s research program publishes around 25 unique studies year. CompTIA members have access to a research library containing more than 100 reports covering technology, business, workforce and channel trends. This study and all CompTIA research is one way in which the association re-invests resources in the IT channel. As the voice of the IT industry, CompTIA has hundreds of tools, market intelligence reports and business training programs to help IT channel organizations grow through education, certification, advocacy and philanthropy. The full report is available at no cost to CompTIA members to help them develop and hone their business plans. Visit www.comptia.org or contact research@comptia.org for more information.