Tag Archive | ICT

Location Trends in The Global Networked Economy

Location Trends in The Global Networked Economy

“The Information and Communications Technology (ICT) sector ranks third in job creation. Measured by the number of projects, ICT continues to be the leading source of global investment, which highlights the prominent role of digital technologies in the global economy.”

via Institute for Business Value

ICT Revenue Growth will Reach $4.8 Trillion in 2023

ICT Revenue Growth will Reach $4.8 Trillion in 2023

Information and communication technology (ICT ) spending on hardware, software, services, and telecommunications will achieve a compound annual growth rate (CAGR) of 3.8 percent over the 2019-2023 forecast period, reaching $4.8 trillion in 2023.

via Digital Lifescapes

Asia-Pacific ICT Spending to Exceed $1.5 Trillion in 2021

Asia-Pacific ICT Spending to Exceed $1.5 Trillion in 2021

Digital transformation continues to drive investment. Asia-Pacific region (excluding Japan) information and communications technology (ICT) spending — including new technologies — will reach $1.5 trillion in 2021, according to the latest IDC market study.

via IDC

Financing a Forward-Looking Internet for All

Financing a Forward-Looking Internet for All

If we bring more players into the ICT investment space, we can start to socialize the costs of investments to better reflect the disbursement of returns. This should significantly increase ICT infrastructure development. But it starts with thinking about the internet differently.

via World Economic Forum

How China is Driving Industrial IoT Application Growth

How China is Driving Industrial IoT Application Growth

Worldwide information and communications technology (ICT) spending — including new technologies — is expected to exceed $5.6 trillion in 2021 with growth accelerating through the end of the forecast period, according to the latest worldwide market study by International Data Corporation (IDC).

via Digital Lifescapes

How Innovation Accelerators will Drive Global ICT Growth


Emerging technologies, such as IoT, Robotics, and Augmented Reality or Virtual Reality (AR/VR), will drive the next wave of growth in the information and communications technology (ICT) industry, increasing the overall opportunity to $5.5 trillion by 2020, according to IDC.

Source: Digital Lifescapes

IoT Packaged Solutions and Services Market Momentum

How AI Will Transform Education and Learning

Nearly all segments of the Internet of Things (IoT) market recorded double-digit growth in the fourth quarter of 2016 (4Q16), driving an overall 19.3 percent year-to-year revenue gain to $8.2 billion, according to the latest study by Technology Business Research (TBR).

Source: Digital Lifescapes

Worldwide IT Revenue will Reach $3.5 Trillion in 2017

IT spending 2017 forecast

Worldwide IT spending is projected to total $3.5 trillion in 2017 — that’s a 1.4 percent increase from 2016, according to the latest market study by Gartner. That said, this growth rate is down from the previous quarter’s forecast of 2.7 percent, due in part to the rising value of the U.S. dollar.

Source: Digital Lifescapes

How to Make the Most of the Digital Growth Phenomenon

digital transformation growth market research

Digital transformation demands substantial investment in organizational capabilities, process innovation, and institutional learning. Best practice suggests that every dollar invested in ICT should be matched with a $4 or $5 investment in process improvement, training, change management, etc.

Source: World Bank Group

National Digital Strategy and Infrastructure Investment

digital transformation market research

The critical role of information and communications technology (ICT) in a nation’s economic competitiveness has long been recognized, and governments in many countries have rolled out digital strategies in an effort to build out infrastructure, improve levels of digital literacy, attract technology entrepreneurs and create centers of digital innovation.

Source: World Economic Forum