IT Statistics

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...

India Leads Global IPO Race Thanks to Technology and Communication Firms During First Eight Months of 2023, Reveals GlobalData

Amid a remarkable decline in global initial public offerings (IPO) activity in the first eight months of 2023, India has surged ahead. Despite economic uncertainties...

Asia Pacific Edge Spending Set to Soar to $43.7 bn in 2023, Says IDC Report

Enterprises in Asia Pacific are projected to invest a staggering $43.7 billion in edge technologies in 2023, marking a substantial 17 percent increase compared...

Omdia Research Forecasts Steady Growth in Infrastructure Software Market

In a recent study by Omdia, a leading technology research firm, the infrastructure software market is expected to experience substantial growth, propelled by advancements...