According to reports, the tech industry is on a path to reach $5 trillion by the end of 2021. That would indicate a 4.2% growth trend, signifying a steady return to the sector’s pre-pandemic numbers.
The US is the world’s most influential tech market, holding 33% of the total share—equivalent to 1.6 trillion dollars. Despite its dominance on the market, almost two-thirds of tech spending happens abroad.