Posts tagged IDC
Commercial and Public Sector Investments Will Drive Worldwide AR/VR Spending to $160 Billion in 2023, IDC Says

Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160 billion in 2023, up significantly from the $16.8 billion forecast for 2019. According to the International Data Corporation (IDC) Worldwide Semiannual Augmented and Virtual Reality Spending Guide, the five-year compound annual growth rate (CAGR) for AR/VR spending will be 78.3 percent.

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Asia/Pacific Artificial Intelligence Systems Spending to Reach Nearly $5.5 Billion in 2019, IDC Forecasts

Asia/Pacific spending on artificial intelligence (AI) systems is forecast to reach nearly $5.5 billion in 2019, an increase of almost 80 percent versus 2018, according to new research from International Data Corp. (IDC). As industries invest aggressively in projects that utilize AI software capabilities, IDC expects spending on AI systems will increase to $15.06 billion in 2022 with a compound annual growth rate (CAGR) of 50 percent over the 2018-2022 forecast period.

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Europe Blockchain Technologies Market on Track to Hit $3.6 Billion in 2022, According to IDC

Despite a slow start, Europe is now one of the fastest-growing regions worldwide for blockchain spending, according to a new report from International Data Corp. (IDC). This is due to a number of factors, such as enterprises moving blockchain to production and a wave of local start-ups driving marketing and sales activities.

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Worldwide Enterprise Storage Systems Market Revenue Grew 7.4 Percent in 4Q18, IDC Says

Vendor revenue in the worldwide enterprise storage systems market increased 7.4 percent year-over-year to $14.5 billion during the fourth quarter of 2018 (4Q18), according to new research from International Data Corp. (IDC). Total capacity shipments were up 1.7 percent year over year to 92.5 exabytes during the quarter.

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Service Providers Account for Growing Share of ICT Spending, Led by Surge of Cloud Infrastructure Spending: IDC

Information and communications technology (ICT) spending by service providers will reach $426 billion by 2022, representing average growth of 6 percent per year, as the ongoing shift from on-premise IT management to the "as-a-service" model continues to gather pace in many regions around the world, IDC finds.

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Component Shortages, Brexit, and Yellow Vest Movement Dampen the PC Market in 2018Q4 in EMEA, Says IDC

The Europe, Middle East, and Africa (EMEA) traditional PC market (desktops, notebooks, and workstations) came in negative in the fourth quarter of 2018, with the market declining by -5.8  percent year-over-year (YoY) and totaling 19.6 million units, according to International Data Corporation (IDC).

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Smartphone Shipments Expected to Further Decline in 2018 Before Returning to Growth in 2019, According to IDC

Worldwide smartphone shipments are expected to decline by 3 percent in 2018 before returning to low single-digit growth in 2019 and through 2022, according to International Data Corp. (IDC).

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Nearly Every Enterprise Will Be Digital Native By 2023, IDC Predicts

As IT and business leaders gear up for the next phase of development in digital transformation (DX), enterprises have embarked on a race to expand their digital innovation capabilities to compete and thrive in the rapidly digitizing global economy, according to new research from International Data Corp. (IDC). Increasingly, organizations are unleashing "multiplied innovation" through expanded digital reach, pervasive intelligence, exploding app and service development, evolving customer expectations, and ambient trust and security.

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European Mobility Services Market Value to Reach Nearly $325 Billion in 2022, IDC Says

European spending on mobility solutions is forecast to reach $293 billion in 2018, according to a new update to the Worldwide Semiannual Mobility Spending Guide from International Data Corporation (IDC). IDC expects the market to post a five-year compound annual growth rate (CAGR) of 2.4 percent, leading to spending in excess of $325 billion in 2022.

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Worldwide Spending on Cognitive and Artificial Intelligence Systems to Reach $77.6 Billion in 2022, IDC Says

Global spending on cognitive and artificial intelligence (AI) systems is forecast to continue its trajectory of robust growth as businesses invest in projects that utilize cognitive/AI software capabilities, according to a new report from International Data Corporation (IDC).

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Less Than 40 Percent of Cloud Service Providers Plan to Have the Same Business Model By 2020: IDC

A new IDC survey reveals that cloud service demand due to Digital Transformation is changing the delivery of business-oriented solutions, with service providers ramping up their investments in new offerings to cater for their client's requirements not just for new infrastructure, but also applications, and managed and professional services delivered via cloud services. The survey finds that as a result, Asia Pacific excluding Japan (APeJ) services providers are rapidly exiting their traditional business models.

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Worldwide Big Data, Business Analytics Revenues to Hit $260 Billion By 2022: IDC

A new update to the Worldwide Semiannual Big Data and Analytics Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for big data and business analytics (BDA) solutions will reach $260 billion in 2022 with a compound annual growth rate (CAGR) of 11.9 percent over the 2017-2022 forecast period. BDA revenues are expected to total $166 billion this year, an increase of 11.7 percent over 2017.

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European Blockchain Spending to Reach $3.5 Billion By 2022, According to IDC

Europe will be the second-largest investor in blockchain technologies, according to IDC's latest “Worldwide Semiannual Blockchain Spending Guide”. With a compound annual growth rate (CAGR) of 80.2 percent for 2017–2022, Europe will increase its spending from around $400 million in 2018 to $3.5 billion in 2022, helping it to close the gap with the U.S., the biggest blockchain investor.

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Australian Networking and Infrastructure Market to Surge in 2018, IDC Forecasts

The Australian Enterprise and Service Provider (SP) Ethernet Switch Market grew by 12.4 percent year-over-year (YoY) in the first quarter of 2018, according to IDC's APAC Quarterly Ethernet Switch Tracker. The market, which includes data centers, ended up generating revenues of $122.4 million.

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China Slump Drags Down Global Smartphone Shipments By 2.9 Percent YoY in 1Q 2018, IDC Says

Smartphone vendors shipped a total of 334.3 million units during the first quarter of 2018 (1Q18), resulting in a 2.9 percent decline when compared to the 344.4 million units shipped in the first quarter of 2017 according to preliminary data from the International Data Corp.’s (IDC) Worldwide Quarterly Mobile Phone Tracker.

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