The worldwide software-defined infrastructure (SDI) software market reached USD 12.17 billion during calendar year 2020, an increase of 5% over the previous year, according to IDC’s Worldwide...
Jun 10, 2021
The data privacy management software market saw soaring growth in 2020 with worldwide revenues up 46.1% year over year. IDC expects this growth to continue over the next several years, driven by the...
Jun 07, 2021
The Indian public cloud services (PCS) market, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), revenue totaled USD 3.6 Billion...
Jun 04, 2021
In 2020, the Indian IT & Business Services market was valued at USD 13.41 Billion and recorded a 5.41% year-over-year (YoY) growth as compared to 8.43% in 2019, according to IDC’s Worldwide Semi-...
May 19, 2021
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service...
May 17, 2021
In an era marked by extraordinary change and uncertainty, there is a surging demand from financial services for a new level of data analytics, automation, and AI capabilities to attain business...
Apr 23, 2021
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
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
The COVID-19 pandemic has significantly accelerated the demand for digital transformation at the same time, technology investments are under more scrutiny to deliver more for less. This has urged...
Apr 19, 2021
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
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
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
Every financial institution should be aware and understand the prime customer-centric strategies – ecosystem, influence, and context – and evaluate the characteristics in order to create a road map...
Jan 27, 2021
Private LTE/5G infrastructure is any 3GPP-based LTE and/or 5G network deployed for a specific enterprise/industrial customer that provides dedicated access. It includes networks that may utilize...
Jan 19, 2021
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
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
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
Overall investments in digital resiliency have increased steadily throughout the year as businesses prioritize or accelerate adoption of cloud, collaborative, and digital transformation projects,...
Nov 06, 2020
The pandemic changed everything and while the crisis is past, recovery from economic disruptions and adjusting to long-lasting changes in social and business practices will dominate organization IT...
Nov 05, 2020
The COVID-19 pandemic has forced organizations to accelerate the shift to digital-first in their customers-related initiatives – from customer engagement to transactions and experiences. In fact,...
Nov 04, 2020
As building digital IT infrastructure supporting resilient operations and pervasive experiences becomes a key priority, organizations in India are re-strategizing their IT spending plans....
Nov 03, 2020
Despite a global pandemic, direct digital transformation (DX) investment is still growing at a compound annual growth rate (CAGR) of 15.5% from 2020 to 2023 and will approach USD 6.8 trillion as...
Oct 30, 2020
As the COVID-19 pandemic unfolded, CIOs faced epic challenges and the road to recovery stretches ahead. For many business leaders, recovery isn't just a return to their former state, but a top to...
Oct 29, 2020
The ability to transform and modernize IT infrastructure to a cloud-enabled digital infrastructure – one that runs in an autonomous fashion and deliver ubiquitous experience across different...
Oct 21, 2020
The COVID-19 pandemic has largely proven to be an accelerator of cloud adoption and extension and will continue to drive a faster conversion to cloud-centric IT, according to IDC. The total worldwide...
Oct 16, 2020
Enterprises are relying on Artificial Intelligence (AI) to maintain business continuity, transform how businesses operate, and gain competitive advantage. According to IDC's Worldwide Artificial...
Oct 01, 2020
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 34.4% year over year in...
Sep 30, 2020
The concept of edge computing most often refers to intermediating infrastructure and critical services between core data centers and intelligent end points. Proliferating enterprise and consumer...
Sep 24, 2020
It is imperative for the healthcare organizations in the country to drive human-machine collaboration and AI-driven interfaces to address the future care needs in the country, according to IDC...
Sep 23, 2020
Worldwide spending on blockchain solutions will be USD 4.1 billion this year, an increase of more than 50% compared to 2019, according to IDC’s Worldwide Blockchain Spending Guide. The blockchain...
Sep 15, 2020
The combined consumer and enterprise worldwide wireless local area network (WLAN) market segments rose 7.1% year over year in the second quarter of 2020 (2Q20), according to IDC’s Worldwide Quarterly...
Sep 03, 2020
Global spending on Artificial Intelligence (AI) will double over the next four years, growing from USD 50.1 billion in 2020 to more than USD 110 billion in 2024, according to IDC Worldwide Artificial...
Aug 26, 2020
The challenge for many Financial Services Institutions (FSIs) is that the format, usage, and complexity of data capture, propagation, and integration have significantly evolved, and the risks...
Aug 25, 2020
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019 with...
Aug 19, 2020
COVID-19 has accelerated the adoption of digitalization technology and services, according to IDC Asia/Pacific’s report, titled Cloud and COVID-19: Asia/Pacific (Excluding Japan). Spending on cloud...
Aug 17, 2020
Worldwide spending on security products and services will see solid growth in 2020 as organizations invest in solutions to meet the needs of a much larger remote workforce and a wide range of...
Aug 14, 2020
Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, will total USD 156.5 billion in 2020, an increase of 12.3% over 2019, according to IDC...
Aug 05, 2020
The need has arrived for core banking systems in Asia/Pacific to be truly digital, according to IDC Financial Insights Asia/Pacific’s latest report, titled A New Generation of Core Banking Systems...
Aug 04, 2020
Internet of Things (IoT) is finding its way across various industries and applications, and the data generated from these devices is creating new opportunities to improve business outcomes. Managing...
Jul 28, 2020
58% of the organizations indicate that their immediate focus is on increasing supply chain visibility to help create operational resilience, according to IDC Manufacturing Insights Asia/Pacific study...
Jul 24, 2020
The overall server market in India witnessed a year-over-year (YoY) decline of 22.1% in terms of revenue to reach USD 232.1 million in Q1, 2020 (Jan-Mar) versus USD 298.0 million in Q1, 2019,...
Jul 23, 2020
Conferencing applications were already in wide use at home and at work prior to the COVID-19 outbreak, according to IDC. When the pandemic created the need to move in-person events to virtual...
Jul 08, 2020
The Indian software market grew by 16.0% year over year (YoY) in 2H19 compared to 2H18, according to IDC’s Worldwide Semiannual Software Tracker, 2H19 (July-December). For 2019, the India software...
Jun 29, 2020
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first...
Jun 26, 2020
Worldwide spending on the Internet of Things (IoT) has been significantly impacted by the economic effects of the COVID-19 pandemic in 2020, although a back to double-digit growth rebound is expected...
Jun 22, 2020
Adoption of Artificial Intelligence (AI) is growing worldwide, according to a recent IDC survey of more than 2,000 IT and line of business (LoB) decision makers. Over a quarter of all AI initiatives...
Jun 11, 2020
57.1% of utility companies in the Asia/Pacific* region say that their biggest triggers for cloud adoption are agility and speed, according to IDC’s Cloud Priorities within Asia/Pacific Utilities...
Jun 10, 2020
The worldwide revenue from the Open Compute Project (OCP) infrastructure market will reach USD 33.8 billion in 2024, according to IDC. While year-over-year growth will slow slightly in 2020 due to...
Jun 02, 2020
Spending on the digital transformation (DX) of business practices, products, and organizations will continue at a solid pace despite the challenges presented by the COVID-19 pandemic, according to...
May 21, 2020
India’s domestic IT spending (Hardware, Software, and Services) is expected to drop to -4.5% in 2020 as compared to 2019 growth rate of +9.1%, according to IDC. The hardware segment will contribute...
May 01, 2020