... Access Research Already a Gartner client? Total enterprise IT spending in the communications, media and services market is forecast to reach $682.7 billion in 2024 in constant U.S. dollars, up from $630.8 billion in2023. Spending is expected to see a five-year CAGR of 8.5% to reach an estimated $887.5 ...
Analyst(s): Gregor Petri | Rika Narisawa | Inna Agamirzian | Peter Kjeldsen | James Ingham
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... client? Reductions in corporate office space as well as the usage of alternative solutions will dampen the near-term UC growth projections. Premises to cloud migration opportunities will drive pockets of investment growth. Global UC spend is expected to generate a CAGR of 2.4% from 2023 to 2028. Table of ...
Analyst(s): Daniel O'Connell | Brian Doherty | Megan Fernandez | Ajit Patankar
... Gartner forecasts the global insurance industry IT spending will increase by 9.1% in 2024 to reach $240.9 billion in constant U.S. dollars. Spend is forecast to grow at a CAGR of 9.2% from 2023 through 2028, driven by growth in IT services and software at a CAGR of 9.1% and 13.8%, respectively. Table of Contents ...
Analyst(s): Rika Narisawa | James Ingham | Inna Agamirzian
... Huawei reported a solid revenue increase in2023, with significant rebound in profitability and cash position despite continued U.S. sanctions and increased R&D expenses. Sourcing, procurement and vendor management leaders can use this analysis to evaluate Huawei’s products, services and strategy. Overall ...
... Gartner estimates global IT spending in the power and utilities market to increase by 9.6% in 2024 to reach over $232.4 billion in constant U.S. dollars, up from $212.0 billion in2023. Spending is forecast to see a five-year CAGR of 10.4% to reach an estimated $347.2 billion by 2028. Table of Contents ...
... Access Research Already a Gartner client? In2023 and 2024, over half of high-impact tech purchases made by business buyers were replacement-driven. Furthermore, 65% of these buyers are planning at least one replacement-driven purchase in 2025. Capturing these opportunities requires product leaders to ...
... forecasts that the global insurance industry IT spending will increase by 8.8% in 2025 to reach $256 billion in constant U.S. dollars. Spend is forecast to grow at a CAGR of 8.5% from 2023 through 2028, driven by growth in services and software at a CAGR of 8.1% and 13.4%, respectively. Table of Contents ...
... forecasts that the global insurance industry IT spending will increase by 8.6% in 2024 to reach $238.4 billion in constant U.S. dollars. Spend is forecast to grow at a CAGR of 8.9% from 2023 through 2028, driven by growth in services and software at a CAGR of 8.8% and 13.5%, respectively. Table of Contents ...
Analyst(s): James Ingham | Inna Agamirzian | Rika Narisawa
... Gartner estimates global IT spending in the oil and gas market will increase by 7.7% in 2024 to reach $31.8 billion in constant U.S. dollars, up from $29.6 billion in2023. Constant currency spending is expected to see a five-year CAGR of 7.6% to reach an estimated $42.6 billion by 2028. Table of Contents ...
Analyst(s): James Ingham | Rika Narisawa | Inna Agamirzian | Simon Cushing