According to a new forecast from the IDC , total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase 12.4% year over year in 2017 to $40.1 billion.
According to the IDC study, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 14.9% year over year in the first quarter of 2017 (1Q17), reaching $8 billion.
According to the new IDC study, the worldwide converged systems market revenues increased 4.6% year over year to $2.67 billion during the first quarter of 2017 (1Q17). The market consumed 1.48 exabytes of new storage capacity during the quarter, which was up only 7.1% compared to the same period a year ago.
As the wearables market transforms, total shipment volumes are expected to maintain their forward momentum. According to data from the IDC Worldwide Quarterly Wearable Device Tracker, vendors will ship a total of 125.5 million wearable devices this year, marking a 20.4% increase from 2016.
The growth of new technologies including the IoT, Robotics, and AR/VR will drive the next wave of growth in the ICT industry, enlarging the overall market opportunity to $5.5 trillion by 2020, according to the new IDC Worldwide Black Book: 3rd Platform Edition.
EMEA purpose-built backup appliance (PBBA) vendor revenues declined 12% year over year to reach $191 million in the first quarter of 2017, according to IDC's Worldwide Quarterly Purpose-Built Backup Appliance Tracker.
A new update from IDC forecasts spending on the Internet of Things (IoT) in Central and Eastern Europe (CEE) to grow 20.6% year on year in 2017, reaching just over $12 billion. By 2021, CEE IoT spending is expected to total nearly $27 billion.
A new update from IDC forecasts worldwide spending on the Internet of Things (IoT) to grow 16.7% year over year in 2017, reaching just over $800 billion. By 2021, global IoT spending is expected to total nearly $1.4 trillion.
IDC Server Tracker shows that in the first quarter of 2017 the EMEA server market reported a year-on-year (YoY) decline in vendor revenues of 12.7% to $2.7 billion and a YoY decrease of 1.4% in units shipped to just over 530,000.
Global GDP will be 14% higher in 2030 as a result of AI, the equivalent of an additional $15.7 trillion. This makes it the biggest commercial opportunity in today’s fast changing economy according to new research by PwC.
Technavio analysts forecast the global language processing market to grow at a CAGR of over 13% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global language processing market for 2017-2021.
Qubit has released the results of an analysis of more than two billion user journeys and 120 million purchases to determine the potential revenue uplift that ecommerce businesses can expect from specific optimization techniques.
Augmented Reality (AR) and Virtual Reality (VR) continue to gain momentum in the mainstream tech media. According to recent forecast data from the International Data Corporation (IDC). AR and VR headsets collectively are expected to grow at a very strong pace from just under 10 million units in 2016 to just shy of 100 million units in 2021, with a 5-year CAGR of 57.7%.
Whole Foods Market Inc. Chief Executive Officer John Mackey, who agreed to sell the company to Amazon.com Inc. last week, said he was first set up with the e-commerce giant on a “blind date” about six weeks ago and fell in love after conversing for hours, according to Bloomberg.
Global spending on consumer video media services will total $314 billion in 2017, a 4.2 percent increase from 2016, according to Gartner. Pay-TV services is the largest spending segment and is on pace to represent 90 percent of the total market, totaling $282 billion in 2017.
Global private wealth gained momentum in 2016, but wealth managers face a host of challenges if they hope to fight off competitors, deepen client loyalty, and put both revenue and profit growth on a sustainable positive trajectory.
The worldwide hardcopy peripherals (HCP) market grew 1.2% year over year with more than 23.4 million units shipped in the first quarter of 2017 (1Q17), according to IDC Worldwide Quarterly Hardcopy Peripherals Tracker.
Software-defined networking has reached the wide area network (WAN). Software-defined WANs (SD-WANs) will play a key role in network evolution as organizations try to cope with the accelerating requirements resulting from digital transformation.
Total worldwide enterprise storage systems factory revenue was down 0.5% year over year and reached $9.2 billion in the first quarter of 2017 (1Q17), according to the IDC Worldwide Quarterly Enterprise Storage Systems Tracker.
Worldwide shipments of Augmented Reality (AR) and Virtual Reality (VR) headsets continued to soar with a total of 2.3 million units shipped in the first quarter of 2017 (1Q17), according to the IDC Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.
Companies are making blind bets on innovation with billions of dollars potentially on the line, according to a new survey of over 1200 global executives and business leaders. The PwC Innovation Benchmark examines how top companies are meeting innovation challenges.
Internet users in France, Germany and the UK commonly express a desire to live without digital advertising. Studies show they’ve acted on it too, with ad blocking adoption in all three higher than the global average. But peak adoption appears to have passed, according to eMarketer’s latest forecast for ad blocking activity in those countries.
Burgeoning entertainment and media industry segments such as virtual reality (VR), e-sports and music streaming illustrate an intensifying focus on users and the vital role of “fans” as a source of competitive advantage.
Beecham Research has launched a new report highlighting the importance of harnessing new technologies to address the need for sustainable food production to support the current rate of population growth.
According to new research from IDC, cloud service providers are at risk of underestimating the impact of new data protection legislation on their business models. The General Data Protection Regulation (GDPR) applies from May 25, 2018, and introduces substantial changes in the way that personal data must be protected.