Information and Communication Technologies (ICT) is a horizontal sector that affects all industries, increases productivity, and takes an active role as a facilitator and a trailblazer for the innovative development of business fields, current and developing technologies, and increase of productivity and competitiveness.
Digital technologies have risen to prominence as a critical determinant of economic growth, national security, and international competitiveness.
The digital economy is worth $11.5 trillion globally, equivalent to 15.5 percent of global GDP and has grown two and a half times faster than global GDP over the past 15 years.
Global IT spending in 2023 will reach $4.6 trillion in 2023, a jump of 5.1% over 2022 spending, demonstrating the rapidly changing nature of technology.
Trends in the Global ICT Industry including Globalization, Competition and the Internet of Things creates multi-billion dollar opportunity for the companies operating in this sector.
Digital technologies have risen to prominence as a critical determinant of economic growth, national security, and international competitiveness.
The digital economy is worth $11.5 trillion globally, equivalent to 15.5 percent of global GDP and has grown two and a half times faster than global GDP over the past 15 years.
Global IT spending in 2023 will reach $4.6 trillion in 2023, a jump of 5.1% over 2022 spending, demonstrating the rapidly changing nature of technology.
Trends in the Global ICT Industry including Globalization, Competition and the Internet of Things creates multi-billion dollar opportunity for the companies operating in this sector.
* Hover on bubble to show name of report, market size and CAGR numbers.
Report Name | CAGR (%) | Forecast Year Revenue ($ million) | Published Date |
---|---|---|---|
Digital Language Learning Market | 13.7 | 7038.2 | December 2020 |
Video Conferencing Market | 8.6 | 6738.6 | April 2024 |
Delivery Management Software Market | 12.7 | 1733.9 | May 2024 |
Data Wrangling Market Forecast | 20.9 | 1599.7 | August 2024 |
Tokenization Market | 25.7 | 1378.8 | May 2024 |