Displaying items by tag: Forecasts

COMPANY NEWS: New Zealand’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 2.5% from $1.5 billion in 2024 to $1.7 billion in 2029, driven by the mobile data services segment with rising adoption of 5G services, forecasts GlobalData, a leading data and analytics company.

Analyst firm Garter predicts spending on technology products and services in Australia will exceed $109 billion in 2022, up 6.5% on this year.

IoT Analytics, a market research firm specialising in Internet of Things market insights, released some forecast data on IoT enterprise spending 2020 to 2025, where it predicts global IoT spending to grow by 24% in 2021 led by investments in IoT software and security.

Ahead of the hoped for PC market saviour that is Windows 10 comes figures from IDC showing an 11.8% year-on-year decline in PC shipments.

Microsoft has defied expectations from both Wall Street and the general tech public, posting very healthy earnings of $5.2bn last quarter amid some tough competition.

Predictions for the year ahead are two a penny in the IT industry. I've collected two dozen of them this year. They range in quality from almost off-the-cuff comments by this or that analyst to thoroughly researched projections arrived at through the consensus of many participants. Deloitte's annual Telecommunications, Media and Technology predictions belong to the latter category. So what are they telling us and what should be do with this information?

With half the Australian population (12m) now using a smartphone, the industry is estimated to be worth over $15b a year.

Cisco has released its Visual Networking Index Mobile Forecast, 2011-2016 predicting an 18 fold increase in mobile traffic by 2016.

Deloitte has issued its 2012 technology, media and telecommunications (TMT) predictions and with the company claiming 80 percent accuracy for the 2011 version, we should probably take note of that it is saying.

Cisco - well known for its regular visual networking index forecasts of global video traffic - has unveiled the inaugural Cisco Global Cloud Index in which it estimates that global cloud computing traffic will grow 12-fold from an annual total of 130 exabytes in 2010 to 1.6 zettabytes (one thousand billion gigabytes) by 2015, a 66 percent compound annual growth rate. Cisco has also created a new global cloud computing business unit.

Smartphone penetration in Australia is forecast to rise from 50 percent of users today to 90 percent by 2015, some 18.5m devices in total.

Research firm Telsyte estimates that NBN FTTH connections will exceed ADSL in 2015 with about three million connections and reach 4.2m homes by 2017.

Fibre to the premises connections in Asia Pacific are expected to exceed DSL in 2014, a technology industry analyst is predicting.

A leading industry analyst firm reckons tablets are having a significant effect on IT spending.