Tag: forecasts
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Normie app prediction, plus lots of IT spending in 2927
Gartner’s latest forecast calls for worldwide IT spending to reach $7.35 trillion in 2027, up 15% from 2026. More interestingly, from normie watch: “By 2029, 80% of new applications will be intentionally disposable—used for less than one year.” “AI is making application development so accessible that employees will increasingly create temporary applications to meet short-term…
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This week’s AI market math
“Enterprise and consumer AI revenue will be insufficient to support profitable returns on all planned AI capital expenditures during this period,” said Gartner Senior Director Analyst Will Sommer. AI data center owners would need to generate $8.5 trillion in revenue through 2030 to cover announced capital spending, financing costs and expected investment returns, he said.…
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Enterprise AI spending
Global AI spend is forecasted to total $2.7 trillion this year, representing a 49.5% increase year over year… The amount of money that is going into AI infrastructure — the chips that are being made, the servers that are being bought, the data centers that are being built, the power, utilities, cooling that are going…
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Relative to your interests, Wednesday
After reading many of the below and other links in elusive enterprise AI ROI, I wrote this theory on how to be successful with enterprise AI projects. It’s the usual “culture” cliché, but hopefully a little more practical than usual. Are PMs becoming irrelevant? – Once you remove the need for a bunch of “paperwork,”…
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$30bn of $6tn
‘“The availability of AI devices has also boosted overall spending by more than $30 billion,” Lovelock said. “With the replacement cycle unchanged, the stronger performance in 2025 will result in a lower relative growth rate for 2026, as demand has been pulled forward.”’ 🔗 Global IT spend to exceed $6 trillion in 2026
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Gartner Forecasts Worldwide IT Spending to Grow 9.3% in 2025 – Setting expectations: “CIOs will begin to spend on GenAI, beyond proof-of-concept work, starting in 2025. More money will be spent, but the expectations that CIOs have for the capabilities of GenAI will drop. The reality of what can be accomplished with current GenAI models,…
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Travel Spending On Track To Return To Pre-Pandemic Levels By End Of 2024 – ”Global travel spending is roaring back and will fully recover to pre-pandemic levels by the end of 2024, surpassing $2 trillion.”
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Gartner Survey Shows 66% of Finance Leaders Think Generative AI Will Have Most Immediate Impact on Explaining Forecast and Budget Variances – What’s also remarkable is how low they rate other use cases. I’m a bit confounded about reports that consulting firms are getting billions in sales in AI stuff.
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IT spending soars, generative AI investments barely leave a mark – These forecasts have been confusing in recent years. They’re always increasing, and yet the trends are always cost savings: ‘“Digital business transformations are beginning to morph,” said Lovelock. “IT projects are shifting from a focus on external-facing deliverables such as revenue and customer experience,…
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Link: Growing Acceptance of Smart Home Devices Will Drive Double-Digit Growth Through 2023, According to a New IDC Forecast
Beyond the first quarter, IDC anticipates the global smart home market will reach 840.7 million units by the end of 2019 and grow to 1.46 billion units by 2023 Source: Growing Acceptance of Smart Home Devices Will Drive Double-Digit Growth Through 2023, According to a New IDC Forecast
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Link: IT Spending To Boom In 2018, Tails Off In 2019
For if you need some IT TAM time. Original source: IT Spending To Boom In 2018, Tails Off In 2019
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Link: Worldwide Spending on Security Solutions Forecast to Reach $91 Billion in 2018, According to a New IDC Spending Guide
“Worldwide spending on security-related hardware, software, and services is forecast to reach $91.4 billion in 2018, an increase of 10.2% over the amount spent in 2017.” Also, a breakdown of spending per industry and type of security product. Original source: Worldwide Spending on Security Solutions Forecast to Reach $91 Billion in 2018, According to a…
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Link: Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC
Includes an interesting chart that lists the types of services/features (like data management and appdev platforms) that compose vendor revenue. Plus geographic and vertical rankings. But, just a press release. Original source: Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC
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Global IT spend at $2.4 trillion in 2017, 3.5% growth, IDC
Worldwide revenues for information technology (IT) products and services are forecast to reach nearly $2.4 trillion in 2017, an increase of 3.5% over 2016. In a newly published update to the Worldwide Semiannual IT Spending Guide: Industry and Company Size , International Data Corporation (IDC) estimates that global IT spending will grow to nearly $2.65…
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Link: Internet of Things Spending Forecast to Reach Nearly $1.3 Trillion in 2019 Led by Widespread Initiatives
“According to a new IDC Spending Guide, worldwide spending on the Internet of Things (IoT) will grow at a 17.0% compound annual growth rate (CAGR) from $698.6 billion in 2015 to nearly $1.3 trillion in 2019.” I think IoT is becoming mor like IoEverything. Source: Internet of Things Spending Forecast to Reach Nearly $1.3 Trillion…
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451 Study on SDN adoption – 16% in use or plan
After seeing one of the other SDN forecast studies referenced here, one of my 451 collegues sent some finding from our recent (August 2013) survey on software defined networking usage: TheInfoPro survey has adoption at a much lower level. Wave 10, based on 154 interviews and published August 2013, has it at 16% in use…
