Global Capital ICT Spending Market Growth (Status and Outlook) 2023-2029

Global Capital ICT Spending Market Growth (Status and Outlook) 2023-2029

Worldwide information and communications technology (ICT) spending, stands for "Information and Communication Technologies." ICT refers to technologies that provide access to information through telecommunications. It is similar to Information Technology (IT), but focuses primarily on communication technologies. This includes the Internet, wireless networks, cell phones, and other communication mediums.

LPI (LP Information)' newest research report, the “Capital ICT Spending Industry Forecast” looks at past sales and reviews total world Capital ICT Spending sales in 2022, providing a comprehensive analysis by region and market sector of projected Capital ICT Spending sales for 2023 through 2029. With Capital ICT Spending sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Capital ICT Spending industry.

This Insight Report provides a comprehensive analysis of the global Capital ICT Spending landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Capital ICT Spending portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Capital ICT Spending market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Capital ICT Spending and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Capital ICT Spending.

The global Capital ICT Spending market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Over the years, enterprises worldwide have become increasingly dependent on technology and the Internet for their day-to-day operations. This trend is expected to intensify, leading to the role of IT departments becoming vital and contributing directly to the organization's agenda. The capital market ICT spending crunch is slowly ending after the cataclysmic financial recession of 2008. It is predicted that ICT spending in financial markets will grow because they are moving from a silo-based trading platform toward a centralized banking system, which would improve and integrate the system. The lending and transactional divisions of capital markets, consisting of retail and institutional investment entities, are investing in financial systems to improve liquidity management to raise IT spending.

This report presents a comprehensive overview, market shares, and growth opportunities of Capital ICT Spending market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Internet of Things (IoT) Solutions
Robots and Drones
Augmented Reality and Virtual Reality (AR/VR) Headsets
3D Printers
Artificial Intelligence (AI)
Others

Segmentation by application
Hardware
Software
IT and Communication Services

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cognizant
Dimension Data Holdings
Fujitsu
HP
IBM

Please note: The report will take approximately 2 business days to prepare and deliver.