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IT Buyer Confidence Plunges in the US While Tentative Signs of Stabilization Appear in Asia/Pacific, According to IDC COVID-19 Tech Index

by Artem Alekseenko

IT spending expectations remain uneven, with significant differences across countries, industries, and companies, according to the latest update to the IDCCOVID-19 Tech Index. Overall sentiment in the US has dropped in the past two …

Tags:Covid-19| IDC

IDC Lowers Forecast for Worldwide IT Spending to a Decline of 5.1% in 2020, but Cloud Spending Remains Relatively Resilient

by Artem Alekseenko

Worldwide IT spending is now expected to decline 5.1% in constant currency terms this year to $2.25 trillion, as the economic impact of the COVD-19 pandemic continues to drive down some categories of tech …

Tags:Analytics & Tools| Covid-19| IDC

Worldwide Smartphone Market Suffers Its Largest Year-Over-Year Decline in Q1 2020 Due to COVID-19, According to IDC

by Artem Alekseenko

Worldwide smartphone shipments decreased 11.7% year over year in the first quarter of 2020 (1Q20), according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped …

Tags:Analytics & Tools| IDC

IDC: Apple Plays Defense in Mid-range Smartphone Market with New iPhone SE

by Artem Alekseenko

Apple recently released its iPhone SE (2020) on its official website for RMB3,299-RMB4,599 (around USD465.82-USD649.38), offering the lowest starting price for the budget model since 2016. IDC believes that the new iPhone SE has …

Tags:IDC| iPhone

IDC Forecasts a Drop in IT Spending in Nearly Every Industry in 2020 Due to COVID-19, But the Scope of These Reductions Will Vary Across Industries

by Artem Alekseenko

International Data Corporation currently forecasts worldwide IT spending to decline 2.7% this year due to the economic impact of the COVID-19 pandemic. While every industry will be affected by the global slowdown, some will …

Tags:Covid-19| Forecasts| IDC

Phone Industry in Europe Confronts Prospect of Decline of a Quarter or More, Says IDC

by Artem Alekseenko

IDC is forecasting that the European smartphone market will likely fall in value by more than a quarter this year in the aftermath of widespread national lockdowns to combat the spread of coronavirus. Under …

Tags:Forecasts| IDC

Traditional PC Shipments Saw a Sharp Decline in Q1 2020 Despite Increased Demand to Meet Remote Work and School Needs, According to IDC

by Artem Alekseenko

The global traditional PC market, comprised of desktops, notebooks, and workstations, declined 9.8% year over year in the first quarter of 2020 (1Q20), reaching a total of 53.2 million shipments according to preliminary results …

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Work-at-Home Causes One-Third Surge in Demand for Notebooks and Tablets Across Europe, says IDC

by Artem Alekseenko

Initial feedback on the first quarter across Europe suggests a spike of a third or so in year-on-year demand for notebook computers and tablets, as COVID-19 lockdowns have led companies to equip employees to …

Tags:Forecasts| IDC

IDC Expects Worldwide IT Spending to Decline by 2.7% in 2020 as COVID-19 Drives Down Forecasts

by Artem Alekseenko

Worldwide IT spending is now expected to decline 2.7% in constant currency terms this year as COVID-19 impacts the global economy and forces many organizations around the world to respond with contingency planning and …

Tags:Covid-19| Forecasts| IDC

IDC says Enterprises are Moving to Augmented and Virtual Reality Majorly Driven by Leading Use Cases with US$ 31.2 Billion Spend by 2023

by Artem Alekseenko

According to the latest IDC Worldwide Augmented and Virtual Reality Spending Guide, Asia/Pacific* spending on augmented reality and virtual reality (AR/VR) is forecast to be $3.7 billion in 2019, an increase of 34.0% from …

Tags:Augmented Reality| IDC| Virtual Reality

IDC Predicts Asia/Pacific ICT Spending Growth Will Drop to 1.2% in 2020 as COVID-19 Continues to Impact ICT Markets

by Artem Alekseenko

COVID-19 pandemic continues to hamper economic activities around the globe impacting businesses and industries at nearly every level, and IT markets will not be spared. In January 2020, IDC originally forecasted Asia/Pacific excluding Japan …

Tags:Covid-19| Forecasts| IDC

AR and VR Headsets Will See Shipments Decline in the Near Term Due to COVID-19, But Long-term Outlook Is Positive, According to IDC

by Artem Alekseenko

Worldwide shipments of Augmented Reality (AR) and Virtual Reality (VR) headsets are forecast to decline in the first half of 2020 due to supply chain disruptions caused by the COVID-19 outbreak. According to the …

Tags:Augmented Reality| IDC| Virtual Reality