The world ITC market grows 5% to reach $1.9 trillion in Q3 2024

As I predicted last quarter the Information Technology and Communications market continues to grow. In total revenues reached $1.9 trillion (the highest of any quarter in history) in the quarter and $7.4 trillion in the year to the end of September – up 5% and 3% respectively. Net profit, however […] Read more »

ITC spending reaches $1.865 trillion in Q2 2024 – the highest ever total

It may seem a long time ago, but it takes time to assess market movements. In this post I’ll pass on our findings about the size and growth of the ITC market in the second quarter (April to June) 2024. Read more »

The ITC market in first quarter 2024 – moving on up

A look at the size and growth of spending, revenue and net profit across the whole ITC market in first quarter 2024 Read more »

ITC regional and category forecasts – the small growth of a massive, but disaggregating, market

Top level ITCandor's 2023 sizing and 2024-25 forecast for the ITC industry, discussing regions, categories and vendors. Read more »

Networking – converged, converging or eternally independent?

Some sizing and ideas about the networking market and the convergence beyween telecoms and IT markets Read more »

My 360° insight into the $7.3 trillion post-pandemic ITC market

A multi-dimensional look at the worldwide IT and communications market Read more »

The $207b network market – still haunted by issues of trust

A long term view of the enterprise and servic provider network markets with market data and analysis Read more »

3. Spending on software will grow most, while hardware spending will decline

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 »

7. Wider adoption of 5G allows spending on mobile telecom service to grow

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 »

ITC markets down 2% in Q2 2017 – growth worst in the UK (again), best in India

A précis of ITCandor's quarterly tracking of the ITC market in Q2 2017 and the year to the end of June. Read more »

2016 predictions 1 – The world ITC market declines by 1.2% to $5.8 trillion

In 2015 the market declined by 5.1%, so its unlikely to see a recovery in the year. My forecast is for a 1.2% decline, with the market reaching $5.8T. Performance by category will vary. In particular: Software will grow 4.2% to $916B: although it lags in revenues, it will continue […] Read more »