IDC sees mobility spending growth at 2.5% in 2019 driven by healthcare sector


Enterprise and consumer spending on mobile devices, software, and services will grow at a CAGR of 2.5 percent to $1.85 trillion by 2019 from $1.66 trillion in 2015, IDC said in its new Worldwide Semiannual Mobility Spending Guide.

According to the think tank, changing industry compliance requirements, government healthcare mandates in the U.S., and the need for specialized devices, software, and secure storage will drive healthcare providers to be the leading growth industry for mobility.

“Today, mobility is more than just smartphones and apps, it is the lynchpin in driving new consumer behaviors, the future of work, and the digital transformation we are witnessing in real-time,” said Carrie MacGillivray, Vice President, Mobile & IoT.

Sector-wise, IDC forecasts that global healthcare firms will spend more than $30 billion on mobility solutions by 2019, representing a four-year CAGR of 7.2 percent.

Mobility spending by global governments will have a CAGR of 5.7 percent over the forecast period to $30.6 billion as federal/central governments embrace Digital Transformation.

Retailing has already benefited from the consumer embrace of mCommerce, yet IDC believes retail will continue to be a strong growth opportunity, particularly in emerging markets, with a CAGR of 5.6 percent.

“While mobile device ownership and general app uptake has already impacted consumers and businesses large and small, utilizing mobile capabilities to drive wholesale digital transformation in personal and professional spaces continues to represent a growth opportunity for vendors and channel partners,” said Chris Chute, Vice President, Customer Insights and Analysis Group.

From a regional perspective, software spending growth will be fastest in Asia/Pacific, Latin America, and the Middle East and Africa.

At the same time, service spending will be the largest category overall with 2019 spending reaching $332 billion in Asia/Pacific and $249 billion in the U.S.

Hardware spending will be largest in Asia/Pacific, the U.S., and Western Europe, with these three regions accounting for 71 percent of the $688.7 billion in 2019 global device spending.

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