Articles from International Data Corporation

International Data Corporation (IDC), the trusted tech intelligence leader, today announced a collaboration with Amazon Web Services (AWS) to integrate IDC’s proprietary intelligence into Amazon Quick Research, a new AI-powered research capability within Amazon Quick Suite, the company’s digital workplace for business users.

International Data Corporation (IDC), the trusted technology intelligence leader, announced the release of its FutureScape 2026 research, a comprehensive outlook on the next five years in enterprise technology.

Three powerhouse leaders in the global distribution and data intelligence sector are partnering to create the first and only data source that will deliver comprehensive sell-through insights across Asia Pacific, North America, Europe, and the Middle East. The collaboration will deliver the definitive global source of technology sales-through data across key markets, providing vendors and distributors with an unparalleled 360-degree view of market trends.

International Data Corporation (IDC), the trusted technology intelligence leader, today announced the appointment of David D’Alessandro as Chairman of its Board of Directors. A seasoned executive with a career spanning financial services, sports, and entertainment, D’Alessandro brings a legacy of leadership grounded in brand transformation, operational rigor, and ethical governance.

Join International Data Corporation (IDC) for its latest State of the Market discussion, where leading analysts will examine the economic impact of newly imposed tariffs, the resulting shifts in global supply chains, and the revised global IT spending outlook—now forecast to grow between 5% and 9% amid rising uncertainty.

IDC, the global leader in trusted technology intelligence, is today showcasing actionable artificial intelligence (AI) insights at its IDC Directions event. Celebrating its 60th anniversary, this year’s conference — themed “Transforming Business for an AI World” — marks six decades of bringing together industry leaders to explore what’s next in technology. The event highlights the pivotal role AI plays in today's business landscape and provides actionable strategies for success.

IDC, the trusted technology intelligence provider, today announced the launch of IDC TechMatch™. This groundbreaking AI-powered software sourcing platform marks a significant advancement in the way organizations evaluate and select enterprise software solutions. Powered by IDC's industry-leading technology research and data, TechMatch streamlines the software buying journey, reducing what once took months to weeks.

In the wake of the USA’s tariffs on China as well as a weakening market sentiment, mostly in the consumer space, IDC has reduced its traditional PC forecast in 2025 and beyond. Global PC volume is now expected to reach 273 million in 2025, still growing +3.7% over the prior year though this is a slight reduction from the prior forecast. Beyond 2025, IDC forecasts sub 1% growth each year through 2029 for the traditional PC market, due in part from volume stabilization following Windows 11 migration. Meanwhile, tablets are not expected to fare much better as shipments are anticipated to shrink 0.8% in 2025 to 143.3 million and the market faces a slight gradual decline, reaching 141.6 million units by the end of 2029 due mostly to consumer saturation.

Worldwide smartphone shipments are forecast to grow 2.3% year-over-year in 2025 to 1.26 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The 2.3% increase will represent the second successive year of improvement after a 6.1% growth in 2024. Related to this, TAM slightly increased from prior forecasts thanks to acceleration of the Android market, particularly in China where national subsidies and pent-up demand for device upgrades reversed earlier years of decline. Growth is expected to continue in low single digits throughout the forecast period with a 1.6% CAGR (2024-2029) due to increasing smartphone penetration, lengthening refresh cycles and headwinds from growing used smartphone market.

IDC, the premier global provider of market intelligence and advisory services, is proud to announce its recognition as Analyst Firm of the Year– 2024 by The Institute of Influencer & Analyst Relations (IIAR>). This marks the fifth consecutive year that IDC has received this distinguished honor.

The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according to the latest findings from the International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Infrastructure Tracker. Organizations increased spending on compute and storage hardware infrastructure for AI deployments by 37% year-over-year in the first half of 2024, reaching $31.8 billion.

The global HCP market rebounded in the third quarter of 2024, achieving a 3.8% year-over-year (YoY) growth to approximately 20.3 million units shipped in., This marks a positive shift following five consecutive quarters of YoY declines, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker.

Worldwide smartphone shipments are forecast to grow 6.2% year-over-year in 2024 to 1.24 billion units, according to the latest International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This strong growth follows two years of steep declines and is fueled by pent-up demand for device upgrades. While 2024 marks a strong rebound, growth is expected to slow to low single digits from 2025 onward, with a 2.6% CAGR (2023-2028). Contributing factors include increasing smartphone penetration, lengthening refresh cycles, and headwinds from rapidly growing used smartphone market.

Worldwide tablet shipments grew 20.4% in the third quarter of 2024 (3Q24), totaling 39.6 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The dismal 2023 market makes for easy year-over-year comparisons, but optimism is growing on the supply side of the industry which is a win overall. A handful of device refreshes occurred during the recent quarters, and active channel filings were undertaken in preparation for major promotional events and the holiday season. Not surprising to anyone, AI is becoming increasingly integrated into the tablet market, but outside of the Surface led Windows detachable Co-Pilot+ marketing, the remainder is early days at best. Regardless, these innovations bring a wave of much needed optimism in the tablet market, piquing consumer interest, and potentially higher ASPs.

Today, International Data Corporation (IDC) released its highly anticipated worldwide information technology (IT) industry predictions for 2025 and beyond. The IDC FutureScape report outlines IDC’s top 10 predictions shaping the future of the IT industry and highlights how organizations across all industries will strategically pivot towards AI (artificial intelligence) to build resilient, AI-driven enterprises.

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China smartphone shipments grew 3.2% year over year (YoY) to 68.8 million units in 3Q24. This marks the fourth consecutive quarter of expansion, fueled by a surge in device upgrades driven by sustained pent-up demand.

The global PC monitor market ended the second quarter of 2024 with 5.9% growth in unit shipments compared to the same quarter a year ago. This marked the third consecutive quarter where year-over-year growth was positive, indicating a recovery of the market after declining in 2022 and 2023, according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker.

New research from IDC entitled, The Global Impact of Artificial Intelligence on the Economy and Jobs, predicts that business spending to adopt artificial intelligence (AI), to use AI in existing business operations, and to deliver better products/services to business and consumer customers will have a cumulative global economic impact of $19.9 trillion through 2030 and drive 3.5% of global GDP in 2030. As a result, AI will affect jobs across every region of the world, impacting industries like contact center operations, translation, accounting, and machinery inspection. Helping to trigger this shift are business leaders who almost unanimously, 98%, view AI as a priority for their organizations.

The decline in worldwide shipments of augmented reality and virtual reality (AR/VR) headsets continued during the second quarter of 2024 (2Q24) as volumes contracted 28.1% year over year to 1.1 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker. The decline is expected to carry forward as full year shipments are forecast to fall 1.5% in 2024 before the market soars to 41.4% growth in 2025 thanks to new tech and more affordable devices.

Worldwide Ethernet switch revenues declined 14.1% year over year in the second quarter of 2024 (2Q24) to $10.2 billion but rose 15.4% compared to the first quarter of 2024. Total worldwide enterprise and service provider (SP) router revenues declined 30.6% year over year to $3.2 billion in 2Q24. The results were published in the International Data Corporation (IDC) Worldwide Quarterly Ethernet Switch Tracker and Worldwide Quarterly Router Tracker.

The worldwide enterprise wireless local area network (WLAN) market grew revenues 12.4% between the first and second quarters of 2024 to $2.3 billion, according to results published in the International Data Corporation (IDC) Worldwide Quarterly WLAN Tracker.

International Data Corporation (IDC) today announced that Fiserv and Microsoft, for the second year in a row, topped the IDC FinTech Rankings FinTech Top 100 and Enterprise Top 50 respectively. The IDC FinTech Rankings categorize and evaluate technology providers based on calendar year revenues from financial institutions for hardware, software, and/or services. Data is collected through vendor surveys, along with original research and market analysis conducted by IDC Financial Insights, resulting in two distinct sets of rankings: the IDC FinTech Rankings Top 100 and the Enterprise Top 50.

According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, total market revenue in the global security appliance market grew 0.5% year over year in the second quarter of 2024 (2Q24) to $4.2 billion, an increase of $20 million compared to the second quarter of 2023. Security appliance shipments reached 1 million units in 2Q24, a year-over-year decline of 4.3%.

The worldwide unified communications and collaboration (UC&C) market is forecast to reach $69.1 billion in revenue in 2024, an increase of 7.5% compared to 2023, according to a new report from International Data Corporation (IDC). During the 2023-2028 forecast period, the UC&C market is expected to witness a slightly lower compound annual growth rate (CAGR) of 5.7% to reach $85 billion by 2028.

Worldwide tablet shipments recorded year-over-year growth of 22.1% in the second quarter of 2024 (2Q24), totaling 34.4 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The results benefited from a favorable comparison to the prior year's quarter and were driven by product refreshes from many top vendors and a replacement cycle combined with inventory replenishment. However, volumes are comparable only to pre-pandemic shipment levels and not to the unprecedented sales witnessed during the pandemic. The 2Q24 results compare favorably with 2Q19 when 32.5 million units were shipped, aided by a product refresh from Apple and the growing popularity of detachable tablets from Samsung and Huawei.

The future of the smartphone industry is set to be transformed as worldwide generative AI (GenAI) smartphone shipments are forecast to grow 363.6% year over year in 2024 to 234.2 million units, according to a new International Data Corporation (IDC) forecast. This represents 19% of the overall smartphone market in 2024.

The market for artificial intelligence (AI) platforms software grew at a rapid pace in 2023 and is projected to maintain its remarkable momentum, driven by the increasing adoption of AI across many industries. A new International Data Corporation (IDC) forecast shows that worldwide revenue for AI platforms software will grow to $153.0 billion in 2028 with a compound annual growth rate (CAGR) of 40.6% over the 2023-2028 forecast period.

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 6.5% year over year to 285.4 million units in the second quarter of 2024 (2Q24). Although this marks the fourth consecutive quarter of shipment growth and builds the momentum towards the expected recovery this year, demand has yet to come around in full and remains challenged in many markets.

The Traditional PC market delivered its second quarter of growth following seven consecutive quarters of decline. According to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments reached 64.9 million units in the second quarter of 2024 (2Q24), representing year-over-year growth of 3.0%. While the overall market benefited from favorable comparisons to 2023, weak results in China continued to hold the market back. Excluding China, worldwide shipments grew more than 5% year over year.

A recent survey of technology buyers worldwide found that technology decision making, financial and operational systems, and customer engagement, experience, and support are the three business areas where generative artificial intelligence (GenAI) is most likely to impact their organization's future competitive position or business model. The survey, conducted by International Data Corporation (IDC), also found notable differences in expectations across geographic regions.

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 36.9% year over year in the first quarter of 2024 (1Q24) to $33.0 billion. Spending on cloud infrastructure continues to outgrow the non-cloud segment with the latter growing by 5.7% in 1Q24 to $13.9 billion. The cloud infrastructure segment experienced slower growth in unit demand of 11.4%, due to the continued increase in average selling prices (ASPs) mostly related to higher than usual GPU server shipments.

Worldwide revenue for security products totaled $106.8 billion in 2023, an increase of 15.6% compared to 2022. And revenue growth was strong across the board with all six product categories registering double-digit year-over-year growth, according to new data from the International Data Corporation (IDC) Worldwide Semiannual Security Products Tracker.

Global shipments of augmented reality and virtual reality (AR/VR) headsets declined 67.4% year over year in the first quarter of 2024 (1Q24), according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker. The decline in shipments was expected as the market transitions to include new categories such as Mixed Reality (MR) and Extended Reality (ER). Despite the decline, the average selling price (ASP) rose to over $1000 as Apple entered the market and incumbents such as Meta focused on premium headsets such as the Quest 3.

Recent developments in technology, including artificial intelligence (AI) have enabled the connected, autonomous, shared, and electric (CASE) mobility trend. This trend has been accompanied by the emergence of a highly competitive automotive industry in China. A new report from IDC China examines the progress of autonomous driving technology and evaluates the autonomous driving features of six major vehicle brands.

Worldwide revenues for telecom and network APIs will reach $6.7 billion in 2028, according to a new forecast from International Data Corporation (IDC). This represents a compound annual growth rate (CAGR) of 57.1% over the 2023–2028 forecast period. Worldwide market revenue for APIs was just over $700 million in 2023.

The worldwide traditional PC market is expected to remain flat in 2024, with shipments reaching 260.2 million units, despite economic improvements and a new category of PCs with onboard neural processing units (NPU) colloquially dubbed AI PCs, according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The global forecast will be hindered by China as the country's economy faces multiple challenges and, in the near term, inventory remains elevated. Excluding China, the PC market is forecast to grow 2.6% year over year in 2024 while the PC market in China is not expected to recover until the second half of 2025.

Worldwide spending on Digital Transformation (DX) is forecast to reach almost $4 trillion in 2027, according to the latest update to the International Data Corporation (IDC) Worldwide Digital Transformation Spending Guide. With artificial intelligence (AI) and Generative AI pushing investments, the DX market is forecast to grow with a compound annual growth rate (CAGR) of 16.2% over the 2022-2027 period. As organizations continue to prioritize digitalization, DX investments are projected to grow substantially, potentially reaching or even surpassing two thirds of all Information and Communication Technology (ICT) spending by 2027.

A growing IT skills shortage is impacting organizations in all industries and across all regions. In a recent International Data Corporation (IDC) survey of North American IT leaders, nearly two thirds said that a lack of skills has resulted in missed revenue growth objectives, quality problems, and a decline in customer satisfaction. And the situation is not expected to get any better. IDC predicts that by 2026, more than 90% of organizations worldwide will feel the pain of the IT skills crisis, amounting to some $5.5 trillion in losses caused by product delays, impaired competitiveness, and loss of business.

Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on Telecom and Pay TV services will increase by 1.4% in 2024 and reach a total of $1,530 billion.

After more than two years of decline, worldwide tablet shipments posted modest year-over-year growth of 0.5% in the first quarter of 2024 (1Q24), totaling 30.8 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The last time the market recorded growth was in the second quarter of 2021, after which shipments began to slow due to saturation. While macroeconomic issues persist, the rebound in shipments this quarter was driven by the start of a refresh cycle though long-term volumes are unlikely to match the surge seen during the pandemic. However, the shift towards premium tablets is a silver lining as consumers seek productivity-oriented devices.

Structured Database/Data Management workloads continued to drive the largest share of enterprise IT infrastructure spending in the second half of 2023 (2H23), according to the International Data Corporation (IDC) Worldwide Semiannual Enterprise Infrastructure Tracker: Workloads. Organizations spent $7.2 billion on compute and storage hardware infrastructure to support this workload in 2H23, which represents 7.8% of overall enterprise IT infrastructure spending.

International Data Corporation (IDC) today announced that nominations are now open for the annual IDC FinTech Rankings and Real Results programs. Both programs will be open for nominations through June 28, 2024.

The global IT and Business Services market witnessed some softening in 2023 with revenue growing (in constant currency) from $1.17 trillion in 2022 to $1.22 trillion, according to the International Data Corporation (IDC) Worldwide Semiannual Services Tracker. This translates to year-over-year growth of 4.6%, which slightly outperformed IDC's forecast of 4.5% growth. In nominal dollar denominated revenue based on today's exchange rate, the market grew 4.1%.

IT distributor revenue experienced a year-on-year decline of 5.5% to $17.85 billion in the first quarter of 2024, according to the International Data Corporation (IDC) North America Distribution Tracker (NADT). The market continued to rebalance following pandemic disruptions as enterprise hardware spending was pulled down by a decline in Network Infrastructure and consumer devices revenues were down 9% despite growth in Traditional PCs.

According to the International Data Corporation (IDC) Services Contract Database, about 1,800 managed services deals were signed in 2023 worth more than $100 billion in contract value. Although the total number of deals declined compared to 2022, the average deal size has remained the same.

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24). While the industry is not completely out of the woods, as macroeconomic challenges remain in many markets, this marks the third consecutive quarter of shipment growth, a strong indicator that a recovery is well underway.

After two years of decline, the worldwide traditional PC market returned to growth during the first quarter of 2024 (1Q24) with 59.8 million shipments, growing 1.5% year over year, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Growth was largely achieved due to easy year-over-year comparisons as the market declined 28.7% during the first quarter of 2023, which was the lowest point in PC history. In addition, global PC shipments finally returned to pre-pandemic levels as 1Q24 volumes rivaled those seen in 1Q19 when 60.5 million units were shipped.

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 18.5% year over year in the fourth quarter of 2023 (4Q23) to $31.8 billion. Spending on cloud infrastructure continues to outgrow the non-cloud segment with the latter growing 16.4% year over year in 4Q23 to $18.9 billion. The cloud infrastructure segment saw unit shipments decline 22.8% in the quarter with an increase in average selling prices (ASPs) mostly related to higher than usual GPU server shipments to hyperscalers.

The global PC monitor market ended 2023 on a hopeful note, reaching 31.9 million units during the fourth quarter of 2023 (4Q23), according to the International Data Corporation (IDC) Worldwide Quarterly PC Monitor Tracker. This translates to year-over-year growth of 3.8%, which slightly outperformed IDC's forecast of 3.2% growth.

Global shipments for gaming PCs suffered the same fate as the overall PC market in 2023 with the gaming category declining 13.2% year over year to 44 million units for the year. However, gaming monitors were able to buck the trend as lower pricing helped drive volume and resulted in gaming monitors growing 20.3% during the year, according to the International Data Corporation (IDC) Worldwide Quarterly Gaming Tracker. For 2024, IDC forecasts gaming PCs will see modest growth of 1% with notebooks being the primary driver. Gaming monitors will continue their growth trajectory, reaching 22.2 million units and growing 13.6% in 2024.

While global shipments for augmented reality and virtual reality (AR/VR) headsets declined 23.5% in 2023, 2024 is shaping up to be a year of recovery as shipments are forecast to surge 44.2% to 9.7 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker. New headsets such as Apple's Vision Pro and additional launches towards the end of the year will help drive growth as macroeconomic conditions improve across the globe.

Worldwide shipments of hardcopy peripherals totaled 21.1 million units in the fourth quarter of 2023 (4Q23), a decline of 15.5% year over year. As with the prior quarter, the decline was caused by constrained demand and the tightening of financing conditions. Shipment value during 4Q23 also fell 11.7% to $9.7 billion, according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. For the full year 2023, both units and shipment value declined year over year at -8.4% and -1.4%, respectively.

Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge Spending Guide, combined enterprise and service provider spending across hardware, software, professional services, and provisioned services for edge solutions will sustain strong growth through 2027 when spending will reach nearly $350 billion.

The global desktop and mobile workstation market reported a slight recovery as it exited 2023, with unit shipments growing 6.1% year over year in the fourth quarter (4Q23). According to the International Data Corporation (IDC) Worldwide Quarterly Workstation Tracker, the 1.85 million units shipped in 4Q23 reversed five consecutive quarters of declining annual shipment growth.

The worldwide Ethernet switch revenues grew 20.1% year over year in 2023 to $44.2 billion. In the fourth quarter of 2023 (4Q23) the Ethernet switch market grew 0.8%. The total worldwide enterprise and service provider (SP) router market recorded $16.4 billion in revenue in 2023, a year-over-year decline of 0.4%. The router market also saw a year-over-year decline of 12.7% in 4Q23. These results were recently published in the International Data Corporation (IDC) Worldwide Quarterly Ethernet Switch Tracker and the Worldwide Quarterly Router Tracker.

The fourth quarter of 2023 (4Q23) saw industrial printer shipments grow 8.4% compared to Q3 2023 and 11.9% compared to Q4 2022, according to the latest release of the International Data Corporation (IDC) Worldwide Industrial Printer Tracker.

According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, total market revenue in the worldwide security appliance market reached $17.6 billion for the full year 2023, an increase of $868 million compared to 2022. The fourth quarter (4Q23) remained relatively flat with total market revenue of $4.96 billion, an increase of 0.8% on a year-over-year basis, while security appliance shipments totaled 1.2 million units in the quarter.

As the global economy nears recovery, so will the PC market with global shipments forecast to reach 265.4 million units in 2024, up 2.0% from the prior year according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. While vendors focused on clearing inventory in 2023, IDC expects 2024 to be an expansion year with the introduction of AI PCs, which will ultimately drive the market forward to 292.2 million units in 2028 and a compound annual growth rate (CAGR) of 2.4% over the 2024–2028 forecast period.

As macroeconomic pressures eased and new products launched, the global market for augmented reality and virtual reality (AR/VR) headsets grew 130.4% year over year during the fourth quarter of 2023 (4Q23), according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker.

Over the past seven years, the worldwide smartphone market has contracted six times on an annual basis. However, 2024 is set to be the year where the smartphone market swings back to growth. According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone shipments are expected to reach 1.20 billion units in 2024, growing 2.8% year over year, followed by growth in the low single digits through 2028. While overall volumes are still below pre-pandemic levels, IDC believes the market has corrected itself and is moving on from the bottom.

International Data Corporation (IDC) today announced that nominations are now open for the fourth annual Future Enterprise North America Awards. The ten award categories will be open through June 14, 2024. Winners of the 2024 Future Enterprise North America Awards will be recognized at virtual awards ceremonies in the Fall of 2024.

The last time a company not named Samsung was at the top of the smartphone market was 2010, and for 2023 it is now Apple. A sort of shifting of power at the top of the largest consumer electronics market was driven by an all-time high market share for Apple and a first time at the top. Overall, the global smartphone market remains challenged, but momentum is moving quickly toward recovery. According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, global smartphone shipments declined 3.2% year over year to 1.17 billion units in 2023. While this marks the lowest full-year volume in a decade, driven largely by macroeconomic challenges and elevated inventory early in the year, growth in the second half of the year has cemented the expected recovery for 2024. The fourth quarter (4Q23) saw 8.5% year-over-year growth and 326.1 million shipments, higher than the forecast of 7.3% growth.

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 2.9% year over year in the third quarter of 2023 (3Q23) to $25.4 billion. Spending on cloud infrastructure continues to outgrow the non-cloud segment with the latter declining 8.2% in 3Q23 to $14.9 billion. The cloud infrastructure segment experienced a decline in unit demand of 23.9% with an increase in average selling prices (ASPs) mostly related to higher than usual GPU server shipments to hyperscalers.

Global shipments of traditional PCs marginally surpassed expectations in the fourth quarter of 2023 (4Q23) with nearly 67.1 million PCs shipped, down 2.7% from the prior year, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. The silver lining in all of this is that the market contractions appear to have bottomed out and growth is expected in 2024.

Worldwide smart TV shipments are on track to decline 5.5% year over year in 2023, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. However, the market is expected to recover with flat growth forecast in 2024 followed by slow growth in the following years. Global shipments are forecast to achieve a compound annual growth rate (CAGR) of 3.3% over the 2023-2027 forecast period.

With shipments totaling 68.5 million units in the third quarter of 2023, the global PC market managed to outperform expectations. But that volume was still down 7.2% compared to the same quarter in 2022, according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.

Worldwide shipments of augmented reality and virtual reality (AR/VR) headsets are expected to decline 8.3% year over year to 8.1 million units in 2023, despite the launch of new headsets during the year, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker. Sony's PSVR and Meta's Quest 3 have certainly been well received but macroeconomic pressures on households combined with slowing spend in the commercial segments have put a damper on growth.

According to new data from the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker, worldwide revenue for the public cloud services market totaled $315.5 billion in the first half of 2023 (1H23), an increase of 19.1% over the same period in 2022.

The Institute of Influencer and Analyst Relations (IIAR>), a not-for-profit organization established to raise awareness of analyst relations (AR), today announced that International Data Corporation (IDC) is the IIAR> Analyst Firm of the Year – Global 2023. This is the fourth consecutive year that IDC has earned the award, an unprecedented achievement and one of the highest accolades for the technology market research industry.

International Data Corporation (IDC) today presented its worldwide CIO agenda predictions for 2024 and beyond. The predictions were presented by Daniel Saroff and Mona Liddell in an IDC FutureScape webinar, which is available for on-demand replay.

The global hardcopy peripherals market recorded 19.5 million units shipped in the third quarter of 2023 (3Q23), down 7.9% compared to the third quarter of 2022. The decline was caused by sluggish consumer demand and a pessimistic economic outlook, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. In addition, the laser segment has been affected by cannibalization from the Ink Tank segment, which is valued for its cost-effectiveness.

Worldwide shipments of wearable devices grew 2.6% year over year during the third quarter of 2023 (3Q23) and reached an all-time high for the third quarter of 148.4 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Total volume even surpassed shipments in 3Q21 (142.1 million) and 3Q22 (144.6 million) when sales were driven by pandemic-related spending. The growth is largely attributed to the rise of smaller brands and emerging categories.

A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%. The forecast for AI-centric software* includes Artificial Intelligence Platforms, AI Applications, AI System Infrastructure Software (SIS), and AI Application Development and Deployment (AD&D) software (excluding AI platforms). However, it does not include Generative AI platforms and applications, which IDC recently forecast will generate revenues of $55.7 billion in 2027.

Worldwide smartphone shipments are forecast to see 7.3% year-over-year growth in the fourth quarter of 2023 (4Q23), according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The improved forecast for the holiday quarter follows the modest improvement in 3Q23 without further inventory buildup, which has led some channels and major OEMs to ramp up their business plans for the months ahead. The market recovery will continue in 2024 with 3.8% growth expected, followed by low single-digit growth for the rest of the forecast period, resulting in a five-year compound annual growth rate of 1.4%.

International Data Corporation (IDC) today presented its worldwide digital business strategies predictions for 2024 and beyond. The predictions were presented by Tony Olvet and Craig Powers in an IDC FutureScape webinar, which is available for on-demand replay.