International Data Corporation (IDC) stories - Page 11

The performance-intensive computing as a service (PICaaS) market is projected to grow to $103.1 billion by 2027, according to IDC.

Global smart home device shipments declined in 2022, with smart TVs experiencing the largest drop, according to IDC.

According to IDC, worldwide shipments for foldable phones will reach 48.1 million units with a market value of US$42 billion in 2027.

After the market's first-ever contraction in 2022, global shipments of wearables are to reach 442.7 million devices this year, growing 6.3% year over year.

Gigamon's new research study reveals the importance of deep observability in driving performance, protection, and productivity in digital infrastructures.

Declining demand and challenging macro-economic conditions have caused IDC to further lower its forecast for the worldwide PC and tablet markets.

Real market recovery is not expected to occur until 2024, when IDC expects 5.9% year-over-year growth followed by low single-digit growth.

Nuspire's new report confirms that 2022 saw the highest level of cyber threat activity ever recorded, with exploits nearly doubling.

IDC notes comprehensive product roadmap, exceptional customer support, and a feature-rich solution as key strengths of Oracle Cloud EPM.

Data sovereignty and compliance are becoming increasingly important in shaping IT selection and design decisions, according to a new survey by IDC.

Worldwide smartphone shipments fell 18.3% y-o-y to 300.3 million units in the 4th quarter of 2022, according to IDC Worldwide Quarterly Mobile Phone Tracker.

IDC forecast shows worldwide LCNCIDT revenue growing to US$21 billion in 2026 with a five-year compound annual growth rate (CAGR) of 17.8% from 2021-2026.

IDC expects to see continuous strong demand for shared cloud infrastructure with spending expected to surpass non-cloud infrastructure spending in 2023.

Nearly all growth will come from investments in public cloud software, which is expected to represent nearly two thirds of all enterprise app revenue in 2026.

Global shipments for traditional PCs fell below expectations as 67.2 million PCs were shipped in Q4 2022, down 28.1% from the prior year.

According to IDC, trade-in programs continue to be the driving factor for the new and used smartphone market globally.

IDC predicts that by 2027, AI-enabled automation will reduce the need for human intervention in digital infrastructure operations by 70%.

By 2027, blockchain technology will enter the mainstream, touching over 70% of common consumer activities, predicts IDC.

IDC predicts that the next five years will bring transformational changes to operations as organizations find new ways to manage and analyze data.

Organisations are looking to expand industry ecosystems as the next phase of digital transformation, building upon investments they've made.