Information Technology and Communications research
Encouraged by the accuracy of my last year’s predictions, I’m keen to share with you my vision for the ITC industry in 2020. This is a summary of my predictions: 1. The overall ITC market will grow by 0.8% to $6.849 trillion 2. The Americas will lead regional ITC spending […] Read more »
Overall I expect world spending on all offerings to grow by just 0.8% to $6.849 billion; for the vendors net profits will increase by 0.1% to $730 billion, while their combined headcount will grow by 1.1% to 20.9 million. Navigate our predictions – intro 1 2 3 4 5 6 […] Read more »
On a regional level (see my Figure) I expect the Americas to do best with a 1.6% growth to $2.659 trillion, followed by Asia Pacific (+0.8% to $2.187 trillion); I expect business in EMEA to decline slightly by 0.1% to $2.006 trillion. Americas’ rise in the chart is due in […] Read more »
If we look at the long-term development of the ITC market by broad categories of offerings (see my Figure) we see that both IT Service and Software have been growing faster than Telecom Service and Hardware. In 2020 I expect this trend to continue; the strongest growth will be in […] Read more »
2015 was the last time consumers beat business in terms of spending growth on ITC offerings. I expect this to continue throughout my forecast to 2026. In 2020 businesses will spend 1.9% more, while consumers spend 0.8% less than in 2019. One reason for this is the increasing centralization of […] Read more »
There will continue to be major differences in spending growth on IT Services, which I predict will grow 1.8% overall. Leading the charge will be IaaS and PaaS cloud services, which I predict will grow by 23.9% and 16.6% respectively in 2020. Of the other offerings implementation will remain the […] Read more »
The hardware market will decline by 2.0% overall and only two product types – solid state drives and processors – will grow in 2020 (please note that I have excluded OEM sales from this forecast). Mobile device will be the one on which we spend most, but it will be […] Read more »
Telecom service will have a good year in 2020, with spending growing by 0.7%. Driving the increase will be the wider adoption of 5G services in mobile telecoms – an area that will grow by 2.8% in the year. The strongest spending growth however will be on Enterprise service (3.8% […] Read more »
The software market will grow by 3.0% in 2020 and we will spend more on almost every product type. I expect the strongest spending growth to be on the Software as a Service (SaaS) area, with an increase of 5.1% over the 2019 rate (nevertheless the increase in SaaS spending […] Read more »
The Web remains broken; a handful of malign actors continue to exploit the privacy of hundreds of million of users every day, selling their data to other suppliers, perverting democracy and creating disruption. 2020 will be a year in which some governments begin to take tougher action. In the EU […] Read more »
A self-assessment of the predictions I made for 2019 Read more »
Please send an email with your name and company to info@itcandor.com and I’ll send you a pdf of this year’s predictions. ©ITCandor Limited – unauthorised copying of this content is illegal and will be rigorously defended by us through court action Read more »
Announcing the 10th year of ITCandor's annual predictions Read more »
A press release for ITCandor's 2019 predictions Read more »
An introduction to my 10 predictions for 2019 Read more »
My 1st prediction concerns market growth worldwide and by region Read more »
My 4th prediction looks at the continued globalisation of the industry Read more »
Cyber security and new vendors are in my 2nd prediction Read more »
My 5th prediction concerns growing problems for cloud suppliers in 2019 Read more »
My 6th prediction concerns the adoption of multi-cloud management in 2019 Read more »