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 growth
3. Spending on software will grow most, while hardware spending will decline
4. The business market grows; the consumer market continues to fall
5. IT Services spending grows most on IaaS and PaaS cloud services, while other offerings ‘flat line’
6. The only hardware spending growth will be on solid state disks and processors
7. Wider adoption of 5G allows spending on mobile telecom service to grow
8. SaaS and Infrastructure will lead the software market
9. Raw storage shipments exceed 2 Zetabytes
10. Governments move against those trading data from social networking
The ITC market is so large – and mature in many countries – that it will show little overall change in 2020; however, like a swan gliding on a lake, its passage may look smooth, but there’ll be a lot of paddling under the water.
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