Digital transformation share of ICT spending

By 2023, over 50% of all ICT spending will be directly for digital transformation and innovation (up from 27% in 2018), growing at 17% CAGR (vs. -3.5% for the rest of ICT)

Source

Verdict

Not graded yet.

All captured fields

futurescape

Worldwide IT Industry

rank

1

idc label

HastenToInnovation

subject

Digital transformation share of ICT spending

target year

2023

timing

by

metric

share of ICT spending directly for digital transformation and innovation

value

over 50

unit

%

confidence

medium