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Worldwide spend on cloud systems to pass USD 1 trillion in 2024 - IDC

2020-10-15 16:14:00| Telecompaper Headlines

(Telecompaper) Worldwide spend on cloud systems is expected to pass USD 1 trillion in 2024, accelerated by cloud adoption amid the coronavirus pandemic, according to the latest study from IDC, which forecasts a five-year CAGR of 15.7 percent. The research took into account cloud services, the hardware and software components underpinning cloud services, and the professional managed services around cloud services.

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Global smartphone shipments down 11.7% in Q1 on Covid-19 impact - IDC

2020-05-01 15:24:00| Telecompaper Headlines

(Telecompaper) Global smartphone shipments fell by 11.7 percent year-on-year in Q1 2020 to 275.8 million units, according to IDC. This largest ever year-on-year decline was due to the Covid-19 crisis.

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European smartphone market to contract by over a quarter this year - IDC

2020-04-16 10:28:00| Telecompaper Headlines

(Telecompaper) The value of the European smartphone market could as much as halve this year due to the economic recession, according to the latest estimates from IDC. Its most pessimistic estimate of the impact of the Covid-19 crisis is a 47 percent fall in the value of the market, while the most probable scenario is a 27 percent drop, the market researcher said. In November 2019 it was still forecasting growth of 2.7 percent this year. 

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