BROWSING: IDC

Ookla tests the Galaxy S24; Samsung back on top of smartphone market

Samsung's Galaxy S24 provided 'statistically significant' improvement in 5G download speeds across seven out of 15 countries, according to Ookla testing Samsung's newest Galaxy models provide faster median 5G download speeds in about half of the global markets in recent testing by Ookla, and also...

IDC: Cloud-native telecom workloads to accelerate this year

IDC expects to see 16% CAGR for global telco cloud software market Most telecom providers are still leaning on virtualized network workloads rather than fully cloud-native infrastructure, but 2024 could be a turning point, according to a new analyst report. IDC expects that cloud-native deployment of...

IoT spending in APAC to reach $277.5bn this year: IDC

IoT investments in APAC are expected to reach $435 billion in 2027 Internet of Things (IoT) spending in the Asia Pacific (APAC) region is forecasted to reach $277.5 billion in 2023, an increase of 11% compared to the previous year, according to IDC's latest Worldwide...

European firms to spend $227m on IoT in 2023: IDC

European organizations are expected to spend around $227 billion on Internet of Things (IoT) technology in 2023, according to the Worldwide Internet of Things Spending Guide published by International Data Corporation (IDC). The report noted that IoT-related spending is expected to continue to expand at...

Global IoT spending to exceed 805 billion this year: IDC

IDC said the overall investment in the IoT ecosystem is expected to surpass $1 trillion in 2026 Global Internet of Things (IoT) spending is forecast to reach $805.7 billion in 2023, an increase of 10.6% compared to 2022, according to a new report by International...

IIoT among top reasons for deploying 5G tech in APAC: IDC

IDC said that most telecom carriers saw manufacturing, smart cities with smart mobility and smart buildings as the most critical use cases for the introduction of 5G APAC About 12.4% of telecom carrier respondents in Asia-Pacific (APAC) consider the Industrial Internet of Things (IIoT) to...

China to reach 10.25 billion IoT connections by 2026: report

IoT connections related to the manufacturing and public facilities sectors will reach approximately 300 million and 2.2 billion by 2026 China is expected to experience a strong growth in the Internet of Things (IoT) sector and and the Asian nation is expecting its overall base...

IDC: Operators are raising service prices—and they’re often starting with mobile

Operators tend to have more pricing flexibility with mobile than with fixed-line or enterprise service contracts Spending on telecom services is expected to rise by 1.9% this year to a global market value of $1.6 trillion, according to IDC's Semiannual Telecom Services Tracker. That figure is...

China unveils 5-year plan to boost virtual reality

The action plan, which will run from 2022 to 2026, aims to further integrate virtual reality with industrial applications   China’s Ministry of Industry and Information Technology, together with other four Chinese government agencies, developed a five-year action plan targeting the shipment of 25 million virtual...

APAC smart manufacturing IoT spending to reach $140bn by 2025

A study by IDC showed that manufacturing firms across the region are forecast to invest $88.7bn in IoT solutions for discrete manufacturing by 2025   IoT spending in the smart manufacturing sector in the Asia-Pacific excluding Japan (APEJ) region is forecast to reach $140.6 billion by...

IoT spending in Asia-Pacific to reach $436 billion in 2026: IDC

According to IDC, China will represent 60% of the regional IoT spending in 2022   IoT spending in the Asia-Pacific (APAC) region is forecasted to reach $436 billion in 2026, growing at a CAGR of 11.8% during the 2021-2026 period, according to a new report by...

European IoT spending continues its double-digit growth: IDC

IDC noted that the largest share of IoT spending this year is expected to be in the manufacturing and resources sector   Enterprise IoT spending in Europe is expected to reach $208 billion in 2022, according to International Data Corporation's (IDC) Worldwide Semiannual Internet of Things...

As private networks for enterprise IoT accelerate, a security gap is widening

OneLayer envisions enterprise-grade security for private cellular networks As enterprises spanning verticals invest in digital transformation strategies with an eye on doing more with less, global adoption of private networks, both 4G and 5G, is poised for a major ramp in investment. While private networks...

Private LTE/5G wireless infra market to exceed $8.3bn by 2026: IDC

IDC noted that the worldwide market for private LTE/5G wireless infrastructure continued to gain traction throughout 2021   The global private LTE/5G wireless infrastructure market is forecast to reach revenues of $8.3 billion by 2026, an increase compared to revenues of $1.7 billion in 2021, according...

IoT spending in Asia Pacific to grow by 9.6% for the year 2021: IDC

  Spending on the internet of things in the Asia Pacific region was forecasted to expand by 9.6% in 2021, accelerating from 1.5% the previous year, according to a recent report by international consultancy firm IDC. IDC’s Worldwide Semiannual Internet of Things Spending Guide forecasts that...

Supply chain constraints finally caught up to the smartphone market: IDC report

The latest IDC report revealed that global smartphone shipments are down 6.7% as a result of the ongoing chip shortage Despite a double-digit annual growth rate in the first half of 2021— 25% in the first quarter of 2021 and more than 13% in the second...

European IoT spending to exceed $200bn in 2021, says IDC

Internet of Things (IoT) spending in Europe is expected to reach $202 billion in 2021 and will continue to experience double-digit growth through 2025, according to a recent report by IDC. Despite the global impact of the COVID-19 pandemic, the IoT market still experienced growth,...

Q4 shows global smartphone shipment rebound and vendor shake-up

Apple was the top smartphone vendor, shipping 90.1 million devices in Q4 While the global smartphone market took a hit overall in 2020 — declining 5.9% compared to 2019 — the final quarter of last year showed significant improvement, with the market returning somewhat to...

Private LTE and 5G infrastructure market to reach $5.7 billion in 2024

So says International Data Corporation (IDC), forecasting the aggregated spending on radio access (RAN), core, and transport network infrastructure, in licensed, unlicensed, and shared spectrum. Last week, Dubai-based market intelligence outfit SNS Telecom & IT said investments in shared and unlicensed LTE and 5G spectrum...

What is asset tracking, and what is it worth? (Why it’s a jungle – and why it’s massive)

What is asset tracking, anyway? And what is it worth? Because tracking of machine data, one way or another, is easily conflated with the internet-of-things (IoT) movement, at large. And we all know about the mad growth slated for general purpose IoT. Fifty billion...

Global smartphone market forecast to decline 9.5%, 5G remains priority

IDC predicts that the global smartphone market will fully recover by 2022 According to International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, the global smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, following a...

Crossing the IT/OT divide – co-configuration and real scale (part 4)

This article continues from here. It is an excerpt from a full report, called ‘Crossing the IT/OT divide – from co-creation to co-configuration, and how to bring industrial IoT to scale’. The report, part of Enterprise IoT Insights’ ongoing Digital Factory Solutions series, is...

IDC forecasts flat telecom spending this year

Research firm IDC predicts that telecommunications services spending will be about the same as it was last year, due to the mixed impacts of the coronavirus pandemic. IDC expects telecommunication services spending to hit $1.6 billion in 2020, which is nearly flat compared to last...

Crossing the IT/OT divide – bridge-building and co-creation (part 3)

This article continues from here. It is an excerpt from a full report, called ‘Crossing the IT/OT divide – from co-creation to co-configuration, and how to bring industrial IoT to scale’. The report, part of Enterprise IoT Insights’ ongoing Digital Factory Solutions series, is...