Keyword
CAGR
Shipments of “connected wearables” up 75.1 million devices to 96.5 million last year: Berg Insight
September 7, 2017 by Canadian UnderwriterShipments of connected wearables will reach 262.5 million in 2021, with Bluetooth remaining the primary connectivity option in the coming years, Internet of Things (IoT) analyst firm Berg Insight said in a statement on Thursday. The Gothenburg, Sweden-based machine-to-machine/IoT market…
Worldwide small- and medium-sized business IT spending to top US$676 billion in 2021: International Data Corporation
July 26, 2017 by Canadian UnderwriterTotal IT spending by small- and medium-sized businesses (SMBs) around the globe will approach US$568 billion in 2017 and increase by more than $100 billion to exceed US$676 billion in 2021, according to the International Data Corporation (IDC). IDC, the…
Global insurance brokers sector will hit US$54.8 billion in 2021 as growth remains impressive despite deceleration: report
July 25, 2017 by Canadian UnderwriterThe global insurance brokers sector will reach US$54.8 billion in 2021, according to data from research company MarketLine. The global insurance brokers sector has experienced “impressive growth” in recent years, registering a compound annual growth rate (CAGR) of 7% between…
Worldwide spending on security technology expected to reach US$81.7 billion in 2017: International Data Corporation
March 31, 2017 by Canadian UnderwriterWorldwide spending on security technology is forecast to reach US$81.7 billion this year, according to a recently released guide from International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information technology, telecommunications and…
Global organizations will spend US$1.2 trillion on “digital transformation technologies” in 2017: International Data Corporation
February 24, 2017 by Canadian UnderwriterGlobal organizations will spend US$1.2 trillion on digital transformation this year, with the fastest growth coming from insurance, banking, retail and healthcare providers, International Data Corporation (IDC) said on Thursday. A new update to IDC’s Worldwide Digital Transformation Spending Guide…
Global spending on worldwide cloud services and infrastructure to reach US$122.5 billion in 2017: International Data Corporation
February 21, 2017 by Canadian UnderwriterWorldwide spending on public cloud services and infrastructure will reach US$122.5 billion in 2017, an increase of 24.4% over 2016, suggested new research from Framingham, Mass.-based International Data Corporation (IDC). The new update to the IDC’s Worldwide Semiannual Public Cloud…
Global IoT insurance market to reach nearly US$43 billion by 2022: study
February 6, 2017 by Canadian UnderwriterThe global Internet of Things (IoT) insurance market is estimated to grow dramatically at a compound annual growth rate (CAGR) of 65.89% to reach US$42.76 billion by 2022 from 2016, according to a new report from Research and Markets. The…
Global insurance services market expected to grow due to IoT and changes in operating models
February 2, 2017 by Canadian UnderwriterThe global insurance services market is expected to grow at a compound annual growth rate (CAGR) of 4.9% over the next five years due to the increase in the use of the Internet of Things (IoT) and changes in operating…
Worldwide spending on 3D printing to reach US$29 billion in 2020: International Data Corporation
January 12, 2017 by Canadian UnderwriterWorldwide purchases of 3D printers, materials, software, and related services are expected to experience a five-year compound annual growth rate (CAGR) of 22.3%, with revenues reaching US$28.9 billion in 2020, according to the International Data Corporation (IDC). Earlier this week,…
Internet of Things spending to reach US$1.29 trillion by 2020, insurance industry to see fast spending growth: report
January 5, 2017 by Canadian UnderwriterWorldwide spending on the Internet of Things (IoT) was forecast to reach US$737 billion in 2016 and grow at a compound annual growth rate (CAGR) of 15.6% from 2015-2020 to US$1.29 trillion, according to the International Data Corporation (IDC). The…
Telematics subscribers using embedded systems to reach 170 million worldwide by 2021, from 26.5 million at the end of 2015: report
December 21, 2016 by Canadian UnderwriterThe number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 36.4% from 26.5 million subscribers at the end of 2015 to 170.2 million subscribers at the end of 2021, according to…
Worldwide revenue for security technology to surpass US$100 billion in 2020: International Data Corporation
October 13, 2016 by Canadian UnderwriterWorldwide revenues for security-related hardware, software and services will grow from US$73.7 billion in 2016 to US$101.6 billion in 2020, according to the International Data Corporation’s (IDC) first Worldwide Semiannual Security Spending Guide. The report, released on Wednesday, said that…