0
General

IDC forecasts global ICT spend to grow 3.6% to USD 4.3 trillion this year

Wednesday 19 February 2020 | 11:19 CET | News
Always wanted to know everything about the Dutch Telecoms market? Then the online Masterclass Introduction Dutch Telecom market is for you! Please enroll here!
Global ICT spending will increase this year by 3.6 percent to USD 4.3 trillion, according to the latest forecast from IDC. The market researcher expects growth from companies focusing on customer experience and innovative products such as cloud, mobility, the IoT, AI, edge computing and robotics, offset by uncertain production expectations amid the coronavirus epidemic, combined with protectionist policies and geopolitical tensions, including the US-China trade war, threats of US tariffs on EU automobiles and the EU's expected response, and continued uncertainty around the Brexit deal. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Countries: World
::: add a comment
This article is part of dossier

Coronavirus

,

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

PC market to rise 3.3% this year and then resume historical declines - study

Published 02 Sep 2020 13:13 CET | World
The personal computing devices (PCD) market, which includes traditional PCs, tablets, and workstations, is expected to lift 3.3 ...

Tablet shipments in EMEA fall 10% in Q1, to continue decline this year

Published 28 May 2020 11:43 CET | Europe
Tablet shipments to EMEA fell almost 10 percent year-on-year in the first quarter to 8.8 million units, with IDC saying the ...

Global IT spend to fall over 5% on Covid-19 impact in 2020 - IDC

Published 05 May 2020 11:13 CET | World
Worldwide IT spending is now expected to fall 5.1 percent in constant currency terms this year compared to last year's growth of ...

Mexican ICT spend to decline 4% on Covid-19 impact

Published 08 Apr 2020 12:14 CET | Mexico
Mexican ICT spending will end up declining by 4.1 percent this year due above all to the impact of the covid-19 outbreak, ...

IDC slashes global IT spending forecast on coronavirus impact

Published 02 Apr 2020 16:12 CET | World
Worldwide IT spending is set to fall 2.7 percent in constant currency terms this year compared to a 4.8 percent growth in 2019 ...

APAC IT spending growth to drop to 1.2% in 2020 affected by covid-19 pandemic

Published 27 Mar 2020 11:54 CET | Asia
APAC IT spending growth will significantly decline, negatively impacted by the covid-19 pandemic, according to a report from IDC. ...

Sub-Saharan African ICT market to grow to USD 104 bln by 2023

Published 17 Mar 2020 09:38 CET | Africa
The total sub-Saharan ICT market is expected to grow from USD 95.4 billion in 2020 to USD 104.2 billion by 2023, a CAGR of 4.5 ...

China smartphone sales plunge by nearly 37% following coronavirus outbreak

Published 28 Feb 2020 11:18 CET | China
China smartphone sales dropped by more than a third in January. China introduced restrictions on travel and asked residents to ...

Global smartphone sales to remain 'stable' at 1.37 bln in 2020 - study

Published 24 Feb 2020 11:17 CET | World
Global demand for smartphones is expected to stay stable in 2020 following a 2 percent decline in units in 2019, according to the ...

Citic Telecom launches cloud desktop, remote VPN connectivity services

Published 20 Feb 2020 11:47 CET | Hong Kong
Hong Kong operator Citic Telecom has introduced remote working services, including cloud desktop, remote VPN - IPSec VPN and SSL ...

Mexican ICT spend to grow 1.4% this year - IDC

Published 19 Feb 2020 12:09 CET | Mexico
Mexican ICT spending will continue its gradual return to growth this year following a "complex" 2019, according to the latest ...

Global IT spending to lift 6% on 5G smartphone sales, but Coronavirus will cloud forecast - study

Published 12 Feb 2020 13:37 CET | World
Global IT spending is expected to climb this year, pushed especially by smartphone sales as people look to buy 5G-enabled ...

Global ICT spending to reach USD 4.8 trillion in 2023 - IDC

Published 19 Aug 2019 10:45 CET | World
Global ICT spending on hardware, software, services and telecoms is forecast to achieve a CAGR of 3.8 percent between 2019-2023 ...





Calendar   /   Industry Events

19 Oct Capacity Europe 2020
20 Oct Tele2 Q3 2020
20 Oct A1 Telekom Austria Group Q3 2020
20 Oct Vivendi Q3 2020
20 Oct Netflix Q3 2020
20 Oct Calix Q3
20 Oct Snap Q3
20 Oct America Movil Q3 2020
20 Oct 6G Symposium
21 Oct Telia Q3 2020
21 Oct Crown Castle Q3
21 Oct Netgear Q3 2020
21 Oct Ericsson Q3 2020
21 Oct Telenor Q3 2020
21 Oct DNA Q3 2020
21 Oct Verizon Q3 2020
22 Oct STMicroelectronics Q3 2020
22 Oct VeriSign Q3 2020
22 Oct AT&T Q3 2020
22 Oct Rogers Q3 2020
22 Oct Verimatrix Q3 2020
22 Oct Econocom Q3 2020
22 Oct Nordic Entertainment Q3 2020
22 Oct Limelight Networks Q3 2020
22 Oct Intel Q3 2020
23 Oct Doro Q3 2020
23 Oct Airtel Africa H1 results
23 Oct Orange Belgium Q3 2020
26 Oct Alphabet Q3 2020
26 Oct CCW Europe 2020
::: More Calendar Items