Mobility Solution Revenue will Reach $1.7 Trillion in 2020

Worldwide mobility revenues are forecast to grow from $1.5 trillion in 2016 to more than $1.7 trillion in 2020, according to the latest market study by International Data Corporation (IDC). That’s a compound annual growth rate (CAGR) of 2.2 percent — or about $40 billion in annual revenue gains.

Source: Digital Lifescapes

Worldwide IT Spending will Reach $2.7 Trillion by 2020

Worldwide revenues for information technology products and services will grow from nearly $2.4 trillion in 2016 to more than $2.7 trillion in 2020, according to IDC. This represents a compound annual growth rate (CAGR) of 3.3 percent for the 2015-2020 forecast period.

Source: Digital Lifescapes

Exploring the $3.8 Trillion ICT Market Development Opportunity

When we look back on 2016, it will likely be remembered as a year of transition for many business technology vendors — particularly those that were unable to react quickly to the pervasive enterprise IT buyer trends in the marketplace. Meanwhile, there’s always an upside for those who have foresight.

Source: Digital Lifescapes

How Line of Business IT Budgets Drive Digital Transformation

The share of worldwide corporate IT spending that is funded by non-IT business units is forecast to reach 47% in 2019 — that’s an increase of more than 3% over 2015, according to the latest market study by IDC.

Source: IDC

Global Mobility Spending will Surge to $1.8 Trillion by 2019

According to IDC’s new Worldwide Semiannual Mobility Spending Guide, enterprise and consumer spending on mobile devices, software, and services will grow at a compound annual growth rate (CAGR) of 2.7% from $1.7 trillion in 2015 to $1.8 trillion by 2019.

Source: IDC

Enterprise Mobile Cloud Apps Gain Momentum During 2016

As average price for smartphones continue to fall, enterprise workers across the world — particularly those in emerging markets — are seeking to improve their productivity via Mobile Cloud applications while away from their office.

Source: Digital Lifescapes

Global Healthcare Mobility Spending will Reach $30 billion

Compliance requirements, government mandates, specialized devices, software and secure storage will drive healthcare providers to be the leading growth industry for mobility. IDC forecasts that global healthcare firms will spend $30 billion on mobility solutions by 2019, representing a four-year CAGR of 7.2%.

Source: IDC

Mobility, Cloud and Big Data Drive $114B FinTech Investment

Financial services industry spent $114 billion worldwide on mobility, cloud, and big data analytics technologies out of a total worldwide financial services IT spend of $455 billion. They spent more than 25% of IT budgets on just these three transformative technologies in 2015.

Source: IDC

Growing Enterprise Mobility Spend will Reach $1.2 Trillion

Impatient CEOs are demanding more innovation from their business technology leaders, as the digital disruption that’s already unseating entrenched incumbents can cause real angst. Some have requested their CIO to move quickly and harness the smartphone device that’s in nearly every employee’s possession.

Source: Business Technology Roundtable

How Innovation Centers Advance Digital Business Trends

To gain insight into emerging trends and outpace the competition, firms are putting Innovation Centers in place. According to new research, nearly 40% of companies polled worldwide had a center. Enterprise mobility was the most popular area of focus, cited by two-thirds of companies.

via eMarketer