This IDC Market Perspective provides an overview of the potential impact on the digital market of the Trade and Cooperation Agreement between the U.K. and Europe. The key elements of the deal and their effects on ICT spending are discussed, providing a picture of the consequences on firms and the most exposed technology areas. To better understand...
Major companies in the design, editing and rendering software market include Dassault Systemes SA; Adobe Systems; Synopsys Inc; Autodesk and Hexagon AB. The global design, editing & rendering software market is expected to grow from $38.42 billion in 2020 to $39.73 billion in 2021 at a compound annual growth rate (CAGR) of 3.4%. The...
Major companies in the information technology (IT) market include AT&T; Apple; Verizon Communications Inc.; China Mobile Ltd and Microsoft. The global information technology market is expected to grow from $7850.57 billion in 2020 to $8370.95 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth is mainly due to...
The cybersecurity market in the Middle East & Africa was valued at USD 7.174 billion in 2019, and it is expected to register a CAGR of 14.08% during the forecast period of 2020-2025. The rapid digitalization in the countries, like the United Arab Emirates and Saudi Arabia, has triggered the number of connected devices by opening new gateways...
The Global Data Center Interconnect Market is poised to grow at a CAGR of around xx% over the next decade to reach approximately $xx million by 2028. Some of the prominent trends that the market is witnessing include increasing demand for disaster recovery, rising demand for metro data centers, and rising commercialization...
This IDC Perspective highlights key differentiators of retail merchandise operations management solutions and points to a significant gap between what retailers perceive as important capabilities in these systems and how satisfied they are with their current solution's ability to deliver."In our research, we have uncovered a call to action...
The managed application services market was valued at USD 3.08 billion in 2020, at a CAGR of 18.23% over the forecast period from 2021 - 2026. The rise in demand for end-to-end application hosting services will increase the market in the forecast period. The managed application services allow the organization to outsource certain aspects of...
The global IT outsourcing market was valued at USD 318.5 billion in 2020, and it is expected to reach USD 425.19 billion by 2026, registering a CAGR of 4.5%, during the forecast period (2021 - 2026). With digital transformation, organizations have become dependent on the success of creative applications and extensions that IT could provide....
MarketsandMarkets estimates the global enterprise architecture tools market size would grow from 989 million in 2020 to USD 1,283 million by 2026, at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. Key factors that are expected to drive the growth of the market are the increasing adoption of the business-driven enterprise...
The Global Managed Services Market (henceforth, referred to as the market studied) was valued at USD 152.05 billion in 2020, and it is expected to reach USD 274.20 billion by 2026, registering a CAGR of 11.2%, during the forecast period (2021-2026). Since the outbreak of COVID-19, the demand for cloud-based solutions has seen a significant...