This question is about tech industry statistics.

What is the growth rate of the tech industry?

By Zippia Team - Feb. 14, 2022

The overall tech industry is estimated to have a growth rate (CAGR) of 5% through 2024. However, there are sects of the industry expected to grow much faster, such as Augmented Reality (AR), which is predicted to have a CAGR of 100% by 2025, and the Cloud Computing Sector, which is expected to have a CAGR of 17.5% by 2025.

Likewise, the growth of the tech industry has impacted Americans in profound ways. For instance, only around 50% of Americans had access to the internet in 2000, while that number is over 90% today.

What is the growth rate of the tech industry?

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