The introduction to ITCandor's predictions and forecasts for 2025 Read more »
ITCandor’s 2025 Predictions – profits surge in a stable market
1. ITC net profits surge 13%, total spending level at $7.5T
The first prediction is about revenue, net profit and industry headcount Read more »
2. ITC spending will grow in Asia Pacific, but decline in the Americas and EMEA
My second prediction concerns spending growth at a regional level Read more »
3. ITC spending in China will grow most in 2025
My third prediction concerns ITC spending growth at a country level Read more »
4 Hardware spending will stay ahead of Software in 2025
My fourth prediction concerns spending growth by category Read more »
5 Spending on servers will grow most – on peripherals least – in 2025
My fifth prediction cconcerns spending growth by offering in 2025 Read more »
6 Trade tariffs reduce the growth of the ITC market
My sixth prediction concerns the negative effects new trade tariffs will have on the world ITC market Read more »
7 Generative AI bites into the white-collar workforce
My seventh prediction is about the negative effect generative AI will have on employment in 2025 Read more »
8 Users rush to adopt quantum-safe code as criminals hack AES-256 encryption
My eighth prediction concerns the reaction to the adoption of quantum computing by criminals Read more »
9 Data center carbon emissions surge – can we eliminate spurious workloads?
My nineth prediction concerns potential counter measures to data center carbon emissions from spurious workloads Read more »
10 Governments begin to restrict and even ban social media companies
My tenth prediction concerns the restriction and/or banning of social media when used for evil Read more »
ITCandor’s 2024 predictions – a self-assessment
An assessment of ITCandor's predictions for 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 »
ITCandor ITC Predictions 2024 – good and evil
Find out what ITCandor sees ahead for the ITC industry in 2024 Read more »
9. Quantum computing will come of age, creating analytic breakthroughs in HPC
Like AI, quantum computing has promised to deliver big benefits to society over the last few years. I believe we will see substantial improvements in its use for scientific and mathematical analytics in 2024 – benefiting its developers (IBM, Google and others). I hope that its legitimate use outstrips the […] Read more »
10. War and terrorism will keep gas and oil prices high, slow the move to green energy and negatively affect ITC supply chains
The ITC market was once new, offering potential savings in automation and productivity enhancement for early adopters. By 2024 it has become an essential part of almost every product and service we purchase. The market is so large that its size and growth is bound to be tied to the […] Read more »
1. The total ITC market will see zero spending growth, remaining level at $7.1 trillion
The 2021-2023 flat-line growth in spending of the ITC industry looks likely to continue. My first prediction (see my Figure above) is for total spending to remain at its current $7.1 trillion level for another year. Although inflation in many markets has been successfully reduced, we have yet to see […] Read more »
3. Of the major country markets Japan will see the strongest spending growth in 2024
At a country level sales in the USA will continue to be far the largest (31% of the world), although I expect the 2024 total will be very slightly down on 2023. I expect Japan and Australia to see the strongest growth (2.6% in both). Of the other major country […] Read more »
4. Software spending growth will be stronger than in IT Services; Telecommunications and hardware sales will decline
In my research I split ITC offerings into 4 mutually exclusive categories. In 2024 I expect that IT Services will remain the largest (39% of the total) with growth in the year of 1.7%. Software (now larger than both Telecommunications and Hardware) will see the strongest growth (5%). I expect […] Read more »
5. Sales by offering – Software as a Service spending will grow most; Implementation IT services will be the largest
I split the 4 categories in my research into 32 separate offerings; of these I expect Software as a Service (SaaS) to see the greatest growth in 2024 (14%), followed by Operating Systems (10%), IaaS (9%) and PaaS (9%). Sales of Implementation services (12%) and Applications (11%) will be the […] Read more »