Growth in 2022 hit a 20-year record high at 15 per cent year on year
This month’s worldwide IT spending growth forecast reports growth at 4.8 per cent to $3.27tn
Over 1,700 deals were signed last year worth more than $125bn in contract value
Resellers that still derive much of their revenue from on-premise infrastructure and PCs 'will face difficult market conditions this year' says IDC VP Stephen Minton
Spending on security solutions is set to reach $219bn
The analyst firm reports that AI-centric software will be the main driver for growth with a compound annual growth rate (CAGR) of 32.4 per cent
The analysts say data sovereignty considerations will strongly influence service provider selection decisions this year
Spending in this area is predicted to make up nearly two thirds of all enterprise applications revenue
The researcher says spending will reach almost $47bn in 2022
SaaS investments and shift to hybrid and remote working behind predicted spending increase