Global data center networking market to reach $40.9 billion by 2025

The global data center networking market is projected to reach $40.9 billion by 2025 and projected to register 11.0% CAGR over the forecast period, from 2019 to 2025 according to Million Insights. The growing huge amount of unstructured data across sev… Continue reading Global data center networking market to reach $40.9 billion by 2025

Organizations need an agile response to unexpected risks

The average $5 billion company incurs delays of roughly 5 weeks per year in new product launches due to missed risks, with a $99 million opportunity cost, according to Gartner. Opportunity costs from missing risks A survey of more than 382 strategic in… Continue reading Organizations need an agile response to unexpected risks

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 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, n… Continue reading Cloud IT infrastructure spending grows, non-cloud investments plunge

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 mid and long-term, according to IDC. IoT spending is growing 8.2% year over y… Continue reading Global IoT spending dropping significantly in 2020, but expected to rebound in 2021

Endpoint security market to reach $18.6B by 2027

The endpoint security market is expected to grow at a CAGR of 5.9% from 2020 to reach $18.6 billion by 2027, according to Meticulous Research. Various factors such as growing e-commerce industry, increasing number of IoT devices, emergence of disruptiv… Continue reading Endpoint security market to reach $18.6B by 2027

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% year over year to just under 2.6 million units in 1Q20, IDC reveals. In terms … Continue reading Global server market revenue declined 6.0% year over year in 1Q20

Increasing awareness of cyber risks among SMBs to boost MDR revenues

The increasing number of sophisticated cyber threats will lead to a rise in demand for Managed Detection and Response (MDR) solutions from small and medium businesses. The market size is poised to grow at a CAGR of 16.4% between 2019 and 2024, with rev… Continue reading Increasing awareness of cyber risks among SMBs to boost MDR revenues

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 that they now expect total IT spending to decline by more than previously antici… Continue reading IT spending levels expected to dip in 2020, despite ease of economic lockdown

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 over year in 1Q20 with $1.3 billion in revenue. The impact of COVID-19 The f… Continue reading Global enterprise WLAN market fell 2.2% year over year in 1Q20

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 in 2020 due to capital preservation strategies during the COVID-19 situation,… Continue reading Global revenue from OCP infrastructure market to reach $33.8 billion in 2024