growth

The worldwide UCaaS subscribers growth rate jumped to 41% in 2020, up from 27% in 2019, according to Synergy Research Group. While the market share of leader RingCentral has held steady at around 20...
May 05, 2021
484
0
Digital commerce spending will rise to over USD 11.6 trillion by the end of 2021, from USD 10.5 trillion last year; a growth of 11.5% in a single year, according to Juniper Research’s Digital...
May 04, 2021
158
0
The average total cost of recovery from a ransomware attack has more than doubled in a year, increasing from USD761,106 in 2020 to USD1.85 million in 2021, according to Sophos’ The State of...
May 03, 2021
448
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Q1 enterprise spending on cloud infrastructure services was in excess of USD 39 billion, having increased by well over USD 2 billion from the previous quarter and up 37% from the first quarter of...
Apr 30, 2021
558
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End-user spending on public cloud services in India will total USD 4.4 billion in 2021, according to Gartner. As compared to 2020, end user spending on public cloud will grow 31.4% in 2021. “Indian...
Apr 29, 2021
547
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Spending on security hardware, services, and software in APeJ is expected to reach USD 23.1 billion in 2021 – an increase of 12.6% over the previous year, according to IDC’s Worldwide Security...
Apr 22, 2021
514
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Worldwide end-user spending on public cloud services is forecast to grow 23.1% in 2021 to total USD 332.3 billion, up from USD 270 billion in 2020, according to the latest forecast from Gartner. “The...
Apr 22, 2021
694
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Organizations are forecast to spend nearly USD 6.6 billion on blockchain solutions this year, an increase of more than 50% compared to 2020, according to IDC’s Worldwide Blockchain Spending Guide....
Apr 20, 2021
440
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Digital domestic money transfer transaction values will rise from USD 2 trillion in 2020 to USD 3.4 trillion in 2025; driven by the growth of mobile money transfers, according to Juniper Research....
Apr 16, 2021
216
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As industries across the world witnessed a rapid acceleration in digitization, technology-driven companies are now leading the path to a faster recovery globally. The National Association of Software...
Apr 15, 2021
538
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The pandemic has been a driving factor in accelerating the rate of digital adoption and stirring up the consumer offerings – both of which has helped ICT Spending to show a positive outlook in 2021....
Apr 13, 2021
1,179
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While the percentage of ICS computers on which malicious objects were blocked had declined since the second half of 2019, this number again started to rise in the second half of 2020. Globally, the...
Apr 12, 2021
1,095
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IT spending in India is projected to total USD 93 billion in 2021, an increase of 7.3% from 2020, according to Gartner. The growth in India will be lower than the global average, as worldwide IT...
Apr 08, 2021
1,441
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More than 70.3 billion real-time payments transactions were processed globally in 2020, a surge of 41% compared to the previous year, as the COVID-19 pandemic dramatically accelerated trends away...
Mar 31, 2021
482
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Enterprise information security and risk management end user spending in India is on pace to total USD 2.08 billion in 2021, an increase of 9.5% from 2020, according to the latest forecast from...
Mar 18, 2021
1,789
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Worldwide government IT spending will total USD 483 billion in 2021, an increase of 5.1% from 2020, according to Gartner. “Government organizations continue to be challenged with the appropriate...
Feb 24, 2021
1,160
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APeJ spending on Internet of Things (IoT) was deeply impacted in 2020 due to the pandemic hitting major economies in the region, with spending growth descending to 7.1% YoY in 2020 – down from the 12...
Feb 17, 2021
629
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The number of mobile video calling services reached 1.8 billion globally in 2020; rising from 1.2 billion in 2019, according to Juniper Research. This represents a growth of 50% over 12 months, as...
Feb 15, 2021
416
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There is a 154% increase in the number of attacks between 2019 and 2020, with growth in ransom-related DDoS (RDDoS) attacks and a rise in use of existing attack vectors, including web applications,...
Feb 15, 2021
1,397
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Security spending in critical infrastructure has been little impacted by the COVID-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased...
Feb 11, 2021
1,370
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Legal technology budgets will increase threefold through 2025 as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments,...
Feb 11, 2021
462
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The consumer robotic market pushed through the pandemic's disruption to deliver continued growth in 2020 as consumers spent more time at home and invested in robotic offerings that made life simpler...
Feb 10, 2021
400
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India’s score in online civility had improved to 68 in 2020 from that of 71 in 2019, indicating that fewer people are experiencing negative online interactions or encountering online risks, according...
Feb 10, 2021
559
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Infrastructure software revenue in India will total USD 4.6 billion in 2021, a 12% increase from 2020, according to Gartner. “In 2021, Indian CIOs will continue to focus on maintaining business...
Feb 10, 2021
1,205
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In 2020, every second fraudulent transaction in the finance industry was an account takeover, according to Kaspersky. According to anonymized statistics of events detected by Kaspersky Fraud...
Feb 09, 2021
1,399
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There is growing popularity of domestic apps as they continued to climb up the ladder in India’s app race, according to AppsFlyer’s State of App Marketing in India 2021 report. The report's...
Feb 09, 2021
429
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As the pandemic continues and schools experience renewed closures or pursue a hybrid model of learning (in-person and remote), the educational sector continues to attract the attention of...
Feb 08, 2021
1,300
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APeJ spending on augmented reality and virtual reality (AR/VR) will grow rapidly at a compound annual growth rate (CAGR) of 47.7% (2019-2024) and reach USD 28.8 billion by 2024, according to IDC’s...
Feb 08, 2021
610
0
Big growth is ahead for FinOps, the field of cloud financial management, as more companies accelerate their cloud plans, especially amid COVID-19, and struggle to contain and optimize cloud spend,...
Feb 04, 2021
639
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Cloud gaming will fundamentally change the video games industry over the next ten years, according to GlobalData. Just as video and audio streaming has reshaped the music, film and TV markets, cloud...
Feb 03, 2021
644
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Q4 enterprise spending on cloud infrastructure services were just over USD 37 billion, USD 4 billion higher than the previous quarter and up 35% from the fourth quarter of 2019, according to Synergy...
Feb 03, 2021
1,285
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The total spend via digital wallets will exceed USD 10 trillion in 2025, up from USD 5.5 trillion in 2020, according to Juniper Research’s report, titled Digital Wallets: Key Opportunities, Vendor...
Feb 01, 2021
604
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Worldwide IT spending will total USD 3.9 trillion in 2021, an increase of 6.2% from 2020, according to Gartner. Worldwide IT spending declined 3.2% in 2020 as CIOs prioritized spending on technology...
Jan 27, 2021
1,025
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Robotic Process Automation (RPA) has passed the tipping point for broad enterprise adoption, entering the mainstream as organization continue to turbocharge digital transformation in the wake of...
Jan 22, 2021
669
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Cybersecurity investment will increase 10% globally in 2021, according to Canalys. Cybersecurity will remain a high priority this year, as the range of threats broadens and new vulnerabilities emerge...
Jan 20, 2021
1,301
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While the COVID-19 pandemic crippled some markets, it also presented notable opportunities to others. Similar to the uptick products like Zoom and Microsoft Teams have seen, Augmented Reality (AR)...
Jan 19, 2021
584
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The total number of QR code payment users will exceed 2.2 billion in 2025, up from 1.5 billion in 2020; equating to 29% of all mobile phone users across the world in 2025, according to Juniper...
Jan 11, 2021
466
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Despite the drop in its value from USD 860m in 2019 to USD 800m in 2020, India’s enterprise mobility market will maintain a compounded annual growth rate (CAGR) of 5.5% between 2019 and 2024, driven...
Jan 06, 2021
869
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Hyperscale operator capex in the third quarter was over USD 37 billion, easily setting a new record for quarterly spending, according to Synergy Research Group. Total spending for the first three...
Jan 04, 2021
1,229
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The overall server market in India witnessed a year-over-year (YoY) growth of 0.3% in terms of revenue to reach USD281.1 million in Q3 2020 (Jul-Sep) versus USD280.1 million in Q3 2019, according to ...
Dec 23, 2020
1,714
0
Worldwide spend on data center hardware and software nudged upwards by 2% from the third quarter of 2019, thanks entirely to a 21% jump in spending on public cloud infrastructure, which pushed it to...
Dec 14, 2020
1,568
0
The India public cloud services (PCS) market, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), touched USD 1.6 billion for the...
Dec 14, 2020
1,436
0
Healthy growth in industrial blockchain revenues results from the few applications that have not been impacted significantly by the volatility of the broader blockchain market in the last two years....
Dec 10, 2020
599
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Enterprise spending on cloud services got a big boost in the third quarter, as COVID-19 drove changes in enterprise behavior and sped up the transition from on-premise operations to cloud-based...
Dec 07, 2020
1,376
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With enterprise 5G maturing, the importance of private networks for the enterprise domain will continue to grow, according to ABI Research. The demand for private network deployments will be driven...
Nov 27, 2020
1,186
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End-user spending on public cloud services in India will total USD 4.1 billion in 2021, an increase of 29.4% from 2020, according to Gartner.    “The onset of the COVID-19 pandemic was the starting...
Nov 25, 2020
2,004
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IT spending in India will total USD 81.9 billion in 2021, an increase of 6% from 2020, according to Gartner. IT spending in 2020 is expected to total USD 79.3 billion, down 8.4% from 2019. “The COVID...
Nov 23, 2020
1,551
0
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to accelerate out of the pandemic, growing from just over USD 12.0 billion this year to USD 72.8 billion in 2024,...
Nov 19, 2020
975
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The ongoing impact of COVID-19 pandemic, which has disrupted the traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address...
Nov 18, 2020
1,731
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Worldwide end-user spending on public cloud services will grow 18.4% in 2021 to total USD 304.9 billion, up from USD 257.5 billion in 2020, according to Gartner. “The pandemic validated cloud’s value...
Nov 18, 2020
1,991
0