IT Consulting in Texas - Industry Market Research Report

Tuned up: A healthy state economy will encourage spending on advanced IT systems

IT Consulting in Texas

The IT Consulting industry in Texas is composed of companies that help businesses design and implement information technology (IT) systems and infrastructure. Since the cost of living in Texas is comparatively low, while workers are paid well, their wages are comparatively lower than other states. Consequently, the industry has low capital requirements, enabling a modest number of independent and small operators to compete. Over the past five years, shifting technology trends toward cloud computing and data analytics have caused larger operators to acquire smaller companies and develop new products to stay relevant. A growth in the number of business in Texas has also boosted demand for industry services. As new companies across all industries enter the market, they require efficient and well-integrated IT systems. These new companies turn to IT consultants to handle these complex processes, which helps drive industry revenue growth. As the Texas economy, as measured by GDP, continues to strengthen, the IT Consulting industry in Texas is also expected to grow over the five years to 2022.

The IT Consulting industry in Texas includes operators that provide the following services to client companies: writing, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; and on-site management of computer systems and data processing facilities. This industry excludes packaged software publishers and off-site data processing and hosting services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.