IT Industry Today

IT Staffing Market in the US at a Booming Stage, the Market Worth $58.31 Billion by 2028, Growing at a CAGR of 5.82% During 2022-2028 - Arizton

The Southern U.S. dominated the U.S. IT staffing market share in 2022, accounting for over 38%.
Published 26 July 2023

According to Arizton’s latest research report, the US IT staffing market will grow at a CAGR of 5.82% during 2022-2028.  

To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3911 

The IT staffing market continues to be an integral part of the overall staffing industry in the US. The trend of a rising contingent workforce driven by the need for scalability, flexibility, and minimized risk has been fueling the growth of the IT staffing market in recent years. The temporary staffing market remains positive due to consistent IT sector investments, economic stability, and technological advances. However, the growth of the IT staffing market in the US has been the increasing salary of personnel. The evolution of technology, the ever-growing demand for updated, secured, and quick IT solutions, and the shortage of skilled workforce push the demand for IT professionals across functions and departments. Although certain skill sets continue to observe sluggish growth in salary increases, some specific ones get paid off more than expected owing to high demand.

California, Texas, Florida, New York, and Illinois are a few states that account for the highest number of small businesses in the US. These businesses are increasingly focusing on employee hiring and training. Hence, they are increasingly looking for ways to enhance their productivity and reduce the cost of operations to be highly competitive in the market. The above factors are expected to boost the country's IT staffing demand. The US has one of the finest connectivity infrastructures, and the country is witnessing increasing internet data traffic in recent years. Organizations are increasingly looking at various cloud-based services that can help them achieve their goals. Broadband usage in the country is growing rapidly. Moreover, the country now has 5G. All these factors are expected to drive the market further as better internet speed will provide better cloud infrastructure, leading to market growth during the forecast period. 

Also, over the last few years, one of the new growth factors for IT staffing firms has been the growth and expansion of freelancers and the gig economy. Firms hire freelancers who want to work on short-term contracts for single or multi-project associations to carry out specific tasks. Gig/contingent workers are hired for assignment-based, limited-duration tasks and released post-completion. The major driving factor for staffing firms in the US is the connection of the gig economy with web-based labor platforms. Close to 50 million people took up gig work in the US in 2017, pushing the total market value for gig economy spending to more than $800 billion. The numbers above are enough to highlight the implications of using gig workers for IT projects in the future. These workers bring added benefits such as a wide array of skills and the ability to be hired quickly and then relieved of their services as soon as the task gets completed. Although certain challenges, such as hiring the appropriate talent, were there previously, the new day business model in staffing allows the selection platforms to thoroughly scan the skills that a candidate (freelance/gig) will bring into the organization. 

Buy the Report Now: https://www.arizton.com/market-reports/united-states-it-staffing-market 

Post-Purchase Benefit 

  • 1hr of free analyst discussion 
  • 10% of customization 

Competitive Overview 

The IT staffing market in the US is a highly competitive and fragmented industry comprising large national and local staffing firms. The local firms are typically operator-owned, and each region generally has one or more significant competitors. Vendors in the market also face competition from national and regional accounting, consulting, advisory, national and regional strategic consulting, and systems implementation firms. Several factors, such as expanded reach within the US, physical presence in large markets, the concentration of service offerings in areas of most significant demand, and reputation in the market, all provide a competitive advantage. Vendors also face significant pricing pressure due to competitors’ pricing strategies. 

With specialization being one of the key focus areas for vendors in the IT staffing market, major players concentrating on STEM skill sets continue to enjoy growth and profit. Apart from major players, a few mid-tier firms emphasize specializations across industries. Client industries such as tech/telecom, banking, financial services, and healthcare accounted for 61% of the recruitment and offered a strong and positive outlook during the forecast period. This is expected to draw the attention of market vendors looking to realign their business models in the future. 

About the Report 

The U.S. IT staffing market is provided for forecast years 2023 to 2028 and the base year of 2022. The market is segmented as skill set, end-user, and region for the years considered. The strengths and strategies undertaken by the players have also been mentioned. The report provides a holistic approach to the U.S. IT staffing market to enable customers efficiently analyze the industry. 

Key Company Profiles 

  • TEKsystems 
  • ASGN Incorporated 
  • Insight Global 
  • Randstad 
  • Kforce 
  • Experis (ManpowerGroup) 
  • Acro Service Corporation 
  • ALKU 
  • Innova Solutions 
  • Artech 
  • Beacon Hill Staffing 
  • BGSF 
  • Collabera 
  • Compunnel 
  • Consulting Solutions International 
  • Dexian 
  • DIVERSANT 
  • Modis 
  • Mastech Digital 
  • MATRRIX 
  • Mindlance 
  • NTT DATA 
  • Optomi 
  • Robert Half International 
  • Rose International 
  • System One 
  • VACO 
  • vTech Solution 

Market Segmentation 

Skill Set 

  • Software Engineers/ Developers/ DevOps 
  • Project Management 
  • Business/Systems Analyst 
  • Help Desk/ Technical Support 
  • Software Architects 
  • QA/Testing 
  • Networking 
  • Security 
  • Data Analytics 
  • Cloud Computing 
  • Mobile App Developers 
  • Others 

End-user 

  • Tech/Telecom 
  • Banking/Financial Services/Insurance 
  • Healthcare 
  • Manufacturing 
  • Retail 
  • Others 

Region 

  • United States 
  • South 
  • West 
  • Northeast 
  • Midwest 

Key Questions Answered in the Report 

  • How big is the U.S. IT staffing market? 
  • What is the growth rate of the U.S. IT staffing market? 
  • What are the growing trends in the U.S. IT staffing market? 
  • Which region holds the most significant U.S. IT staffing market share? 
  • Who are the key players in the U.S. IT staffing market? 

Check Out Some of the Top-Selling Research Reports: 

Unified Communication as a Service Market - Global Outlook & Forecast 2021-2026 

People Analytics Market - Global Outlook & Forecast 2021-2026 

U.S. Continuing Medical Education Market - Industry Outlook & Forecast 2023-2028 

U.S. Employee Assistance Program Services Market - Industry Outlook and Forecast 2022-2027 

Get the Detailed TOC @ https://www.arizton.com/market-reports/united-states-it-staffing-market?details=tableOfContents 

Why Arizton? 

  • 100% Customer Satisfaction 
  • 24x7 availability – we are always there when you need us 
  • 200+ Fortune 500 Companies trust Arizton's report 
  • 80% of our reports are exclusive and first in the industry 
  • 100% more data and analysis 
  • 1500+ reports published till date 

About Us:  

Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. 

We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. 

Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. 

Contact Us:  

Call: +1-312-235-2040 

+1 302 469 0707 

Mail:enquiry@arizton.com 

Contact Us:https://www.arizton.com/contact-us 

Blog:https://www.arizton.com/blog 

Website: https://www.arizton.com/ 

Other Industry News

Ready to start publishing

Sign Up today!