Managed service deals touch $48 bn in H1: IDC
The number of managed services deals signed worldwide during the first half of 2022 has touched more than 720 with $48 billion in contract...
IT outsourcing market to reach $610 bn
The global IT outsourcing market size is projected to grow at a CAGR 6.68 percent to reach $610 billion by 2027 from $414 billion...
IT spending by enterprises remains stable in Asia Pacific: IDC
Consumer IT spending in Asia Pacific will be declining in 2022 and a further slide is expected in 2023 due to the economic slowdown.
A...
India’s IT spending to grow 7.7% in 2022 vs 21% in 2021: Gartner
India’s IT spending is likely to increase 7.7 percent to $114.9 billion in 2022 as compared to 2021 growth rate of 21.2 percent, a...
Government IT spending to grow 5% in 2022: Gartner
Worldwide government IT spending is forecast to grow at 5 percent to $565.7 billion in 2022, according to a research report from Gartner.
Government IT...
Digital transformation spending to grow 17.6% to $1.8 trillion: IDC
Global spending on the digital transformation (DX) is forecast to increase at 17.6 percent to $1.8 trillion in 2022.
Worldwide digital transformation spending will sustain...
India IT and business service market grows 7.2% to $14.15 bn: IDC
The Indian domestic IT & Business Services market recorded 7.2 percent growth in 2021 to $14.15 billion vs 5.3 percent in 2020, according to...
India IT spending to grow 6.3% to $110.6 bn in 2022: Gartner
India IT spending is forecast to grow 6.3 percent to $110.6 billion in 2022, the latest Gartner news report said.
Inflation, geo-political disruption and talent...
Global CDN market to reach $23.9 bn: ABI Research
The global CDN market is expected to more than double by 2030, reaching $23.9 billion, driven in part by expanding presence in services beyond core...
ICT spending in Asia Pacific to grow by 5% to $1.04 trillion: IDC
IDC research report said ICT spending in Asia Pacific will grow by over 5 percent to $1.04 trillion in 2022, and expected to reach...