... Access Insights Already a Gartner client? IT spending by small and midsize business will decline in 2020, but will show the recovery in 2021. The tighter spending will be caused by the economic uncertainties triggered by the COVID-19 pandemic. Software segment will have the least impact from the downt ...
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... Access Insights Already a Gartner client? The global information security market is forecast to grow at a five-year CAGR of 8.5% to reach $170.4 billion in 2022. Technology product managers will see new spending driven by regulations and increased awareness as organizations’ needs evolve to address mo ...
Analyst(s): Deborah Kish | Sid Deshpande | Ruggero Contu | Christian Canales | Elizabeth Kim | Dale Gardner
... Access Insights Already a Gartner client? IT spending by small and midsize businesses will recover in 2021 with 4.7% growth after the spending was contracted by 5.2% in 2020. 2021 recovery will be slower than the large enterprise since the SMB market is more vulnerable in the economic uncertainties. Ta ...
... Access Insights Already a Gartner client? Small and midsize business IT spending will decrease by 7.9% in 2020 compared to a year ago in constant dollars. The forecast remains in-line with our May 2020 iteration of an 8.9% decline in 2020. Spending will modestly improve in 2021 with faster recovery in ...
... Access Insights Already a Gartner client? By 2027, spending on AI software will grow to $297.9 billion with a CAGR of 19.1%. Over the next five years, the market growth will accelerate from 17.8% to reach 20.4% in 2027. Generative AI software spend will rise from 8% of AI software in 2023 to 35% by 20 ...
Analyst(s): Kevin Quinn | Radu Miclaus | Alys Woodward | Inna Agamirzian | Anna Griffen | James Ingham
... YoY and QoQ performance comparison indicates strong demand and growth opportunities for software providers. In the attached deck, 15 publicly reported business metrics are studied for 45 software companies, with insights provided on growth, profitability, talent, revenue mix, sales and customer indi ...
... Access Insights Already a Gartner client? By 2025, the market for artificial intelligence (AI) software will reach almost $134.8 billion. Over the next five years, the market growth will accelerate from 14.4% in 2021 to reach 31.1% in 2025, considerably outpacing the overall software market growth. Ove ...
Analyst(s): Jim Hare | Eric Hunter | Anna Griffen | Alys Woodward | Kevin Quinn | Alan Priestley
... Access Insights Already a Gartner client? The device market is expected to increase by 2.6% in 2024 to 1.686 billion units as demand improves after two years of double-digit decline. The PC market is expected to increase by 1.6% and the smartphone market by 3.4% in 2024. Table of Contents List of Tables ...