IT Statistics

Digital transformation (DX) Spending to Grow 19% Across Asia Pacific

A recent FutureScape report by IDC, titled “IDC FutureScape: Worldwide Digital Business Strategies 2024 Predictions — Asia/Pacific (excluding Japan) Implications,” anticipates that in 2024,...

Edge Computing Spending to Reach $350 bn by 2027: IDC

IDC says worldwide spending on edge computing is projected to hit $232 billion in 2024, marking a 15.4 percent increase from 2023. This surge in...

India’s IT Spending to Surge in 2024, Fueled by Digitalization and AI Investments

India’s IT spending for the year 2024 is forecasted to increase 11 percent to $44 billion, according to IDC report. Indian enterprises continued their investment...

Global IT Spending to Reach $5 Trillion in 2024, Gartner Reports

Worldwide IT spending is projected to hit $5 trillion ($4,997,718 million) in 2024, marking a 6.8 percent increase from the previous year, Gartner said...

Thailand’s Software Vendor Revenue Soars to 36.5 bn THB in 1H2023, Reports IDC

The software vendor revenue in Thailand has achieved a remarkable 14.1 percent growth in local currency to 36.5 billion THB in the first half...

Enterprises Spend $6.4 bn in compute and storage for Data Management Workloads

Enterprises have invested a whopping $6.4 billion in compute and storage hardware infrastructure to support Structured Databases and Data Management workloads, constituting 8.5 percent...

Global IT Spending Forecast to Reach $5.1 Trillion in 2024, Showcasing 8% Growth: Gartner Report

Worldwide IT spending is anticipated to reach a total of $5.1 trillion or $5,069.773 billion in 2024, marking an 8 percent increase from the...

Global ICT Spending Expected to Grow Steadily, Driven by Software and Information Services

In a recent update to the International Data Corporation (IDC) Worldwide ICT Spending Guide: Enterprise and SMB by Industry, it was revealed that worldwide...