
Global security appliance market revenue grew to $4.2B in Q2 2020
The total security appliance market delivered solid unit shipment and revenue growth in the second quarter of 2020 (2Q20), according to IDC. Worldwide revenue increased 7.5% …

Worldwide AI spending to reach more than $110 billion in 2024
Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to IDC, spending on AI …

Global public cloud services market grew 26% YOY in 2019 with revenues totaling $233.4 billion
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26% year over …

Cloud IT infrastructure spending grows, non-cloud investments plunge
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased …

Global IoT spending dropping significantly in 2020, but expected to rebound in 2021
Worldwide IoT spending has been significantly impacted by the economic effects of the pandemic in 2020, although a back to double-digit growth rebound is expected both in the …

There is a direct correlation between AI adoption and superior business outcomes
Adoption of artificial intelligence (AI) is growing worldwide, according to an IDC survey of more than 2,000 IT and line of business (LoB) decision makers. Over a quarter of …

Global server market revenue declined 6.0% year over year in 1Q20
Vendor revenue in the worldwide server market declined 6.0% year over year to $18.6 billion during the first quarter of 2020 (1Q20). Worldwide server shipments declined 0.2% …

Average cost of DNS attacks hovering around $924,000
79% of organizations experienced DNS attacks, with the average cost of each attack hovering around $924,000, according to EfficientIP. The 2020 Global DNS Threat Report, …

IT spending levels expected to dip in 2020, despite ease of economic lockdown
Business confidence in IT spending levels declined in the last week of May, according to IDC. IT buyers in the US, Western Europe, and some parts of Asia/Pacific indicated …

Global enterprise WLAN market fell 2.2% year over year in 1Q20
The combined consumer and enterprise WLAN market segments rose 2.3% year over year in the first quarter of 2020 (1Q20), according to IDC. The enterprise segment fell 2.2% year …

Global revenue from OCP infrastructure market to reach $33.8 billion in 2024
Worldwide revenue from the Open Compute Project (OCP) infrastructure market will reach $33.8 billion in 2024, according to IDC. While year-over-year growth will slow slightly …

Most companies suffered a cloud data breach in the past 18 months
Nearly 80% of the companies had experienced at least one cloud data breach in the past 18 months, and 43% reported 10 or more breaches, a new Ermetic survey reveals. According …
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