Market Overview:
The global capital ICT spending market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented by type, application and region. By type, the market is segmented into internet of things (IoT) solutions, robots and drones, augmented reality and virtual reality (AR/VR) headsets, 3D printers, artificial intelligence (AI), and others. The IoT solutions segment is expected to grow at the highest CAGR during the forecast period owing to increasing adoption of IoT-enabled devices in various industries such as retail, automotive & transportation, healthcare & life sciences among others. By application, the hardware segment accounted for the largest share in 2017 owing to rising demand for advanced hardware devices such as 3D printers and AR/VR headsets in various industrial applications.
Product Definition:
Capital ICT spending is the total amount of money spent on information and communication technology (ICT) hardware, software, and services in a given year. It includes investments by businesses, government agencies, and nonprofit organizations in both public and private sectors. Capital ICT spending is important because it enables organizations to improve their efficiency, productivity, and competitiveness by using new or upgraded technology.
Internet of Things (IoT) Solutions:
The global Internet of Things (IoT) solutions, it's usage and growth factor in Capital ICT spending market was valued at USD 6.09 billion in 2015. The increasing penetration of internet is expected to drive the demand for connected devices such as smartphones, tablets, smart TVs and other consumer electronics over the forecast period. This has led to a surge in investments by various technology companies for building IoT-enabled applications that can potentially enhance user experience.
Robots and Drones:
Robots and drones are two different technologies that can be used to automate processes. Drones are unmanned aerial vehicles and robots are automated machines. Both the technologies have gained popularity in recent years owing to their ability to perform tasks faster than humans with better accuracy.
The capital ICT spending market is expected to witness significant growth over the forecast period, primarily due to increasing demand for automation solutions across various industry verticals such as manufacturing, oil & gas, construction & infrastructure among others.
Application Insights:
The hardware segment accounted for the largest market share of over 40.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for smartphones, tablets, laptops, gaming consoles and other devices across the globe. The software application segment is also expected to witness significant growth during the forecast period owing to rising demand for business applications such as accounting and ERP solutions among others.
The IT services including cloud computing, data storage facilities are widely used across several industries such as BFSI (banking, financial services), telecom & media (TMT) etc.
Regional Analysis:
North America dominated the global market in 2017, with a share of over 35.0% owing to the presence of prominent players such as Google LLC; Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP; and Microsoft Corporation. The region is expected to maintain its dominance throughout the forecast period on account of increasing investments in infrastructure development and adoption of new technologies across various sectors including manufacturing, retail & consumer goods, transportation & logistics, energy & utilities among others.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased spending by companies on developing innovative solutions for business processes improvement and customer engagement strategies based on data analysis using advanced technology platforms such as big data analytics coupled with cloud computing services. Moreover, growing demand for smartphones has led major manufacturers including Samsung Electronics Co., Ltd.
Growth Factors:
- Increasing demand for big data and analytics services to drive the growth of capital ICT spending market.
- Proliferation of Bring Your Own Device (BYOD) and Internet of Things (IoT) is expected to fuel the growth of capital ICT spending market in near future.
- Rising number of cyber-attacks is anticipated to increase the demand for security solutions, which in turn is expected to boost the growth prospects for capital ICT spending market during forecast period.
- Growing need for cloud-based services among small and medium businesses is projected to create lucrative opportunities for players operating in capital ICT spending market over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Capital ICT Spending Market Research Report
By Type
Internet of Things (IoT) Solutions, Robots and Drones, Augmented Reality and Virtual Reality (AR/VR) Headsets, 3D Printers, Artificial Intelligence (AI), Others
By Application
Hardware, Software, IT and Communication Services
By Companies
Cognizant, Dimension Data Holdings, Fujitsu, HP, IBM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Capital ICT Spending Market Report Segments:
The global Capital ICT Spending market is segmented on the basis of:
Types
Internet of Things (IoT) Solutions, Robots and Drones, Augmented Reality and Virtual Reality (AR/VR) Headsets, 3D Printers, Artificial Intelligence (AI), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hardware, Software, IT and Communication Services
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cognizant
- Dimension Data Holdings
- Fujitsu
- HP
- IBM
Highlights of The Capital ICT Spending Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Internet of Things (IoT) Solutions
- Robots and Drones
- Augmented Reality and Virtual Reality (AR/VR) Headsets
- 3D Printers
- Artificial Intelligence (AI)
- Others
- By Application:
- Hardware
- Software
- IT and Communication Services
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Capital ICT Spending Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Capital ICT spending refers to the total amount of money that businesses and governments spend on information and communication technology (ICT) products, services, and infrastructure. Capital ICT spending is a key indicator of the growth of the global ICT sector.
Some of the major players in the capital ict spending market are Cognizant, Dimension Data Holdings, Fujitsu, HP, IBM.
The capital ict spending market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Capital ICT Spending Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Capital ICT Spending Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Capital ICT Spending Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Capital ICT Spending Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Capital ICT Spending Market Size & Forecast, 2018-2028
4.5.1 Capital ICT Spending Market Size and Y-o-Y Growth
4.5.2 Capital ICT Spending Market Absolute $ Opportunity
Chapter 5 Global Capital ICT Spending Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Capital ICT Spending Market Size Forecast by Type
5.2.1 Internet of Things (IoT) Solutions
5.2.2 Robots and Drones
5.2.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
5.2.4 3D Printers
5.2.5 Artificial Intelligence (AI)
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Capital ICT Spending Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Capital ICT Spending Market Size Forecast by Applications
6.2.1 Hardware
6.2.2 Software
6.2.3 IT and Communication Services
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Capital ICT Spending Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Capital ICT Spending Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Capital ICT Spending Analysis and Forecast
9.1 Introduction
9.2 North America Capital ICT Spending Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Capital ICT Spending Market Size Forecast by Type
9.6.1 Internet of Things (IoT) Solutions
9.6.2 Robots and Drones
9.6.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
9.6.4 3D Printers
9.6.5 Artificial Intelligence (AI)
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Capital ICT Spending Market Size Forecast by Applications
9.10.1 Hardware
9.10.2 Software
9.10.3 IT and Communication Services
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Capital ICT Spending Analysis and Forecast
10.1 Introduction
10.2 Europe Capital ICT Spending Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Capital ICT Spending Market Size Forecast by Type
10.6.1 Internet of Things (IoT) Solutions
10.6.2 Robots and Drones
10.6.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
10.6.4 3D Printers
10.6.5 Artificial Intelligence (AI)
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Capital ICT Spending Market Size Forecast by Applications
10.10.1 Hardware
10.10.2 Software
10.10.3 IT and Communication Services
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Capital ICT Spending Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Capital ICT Spending Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Capital ICT Spending Market Size Forecast by Type
11.6.1 Internet of Things (IoT) Solutions
11.6.2 Robots and Drones
11.6.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
11.6.4 3D Printers
11.6.5 Artificial Intelligence (AI)
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Capital ICT Spending Market Size Forecast by Applications
11.10.1 Hardware
11.10.2 Software
11.10.3 IT and Communication Services
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Capital ICT Spending Analysis and Forecast
12.1 Introduction
12.2 Latin America Capital ICT Spending Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Capital ICT Spending Market Size Forecast by Type
12.6.1 Internet of Things (IoT) Solutions
12.6.2 Robots and Drones
12.6.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
12.6.4 3D Printers
12.6.5 Artificial Intelligence (AI)
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Capital ICT Spending Market Size Forecast by Applications
12.10.1 Hardware
12.10.2 Software
12.10.3 IT and Communication Services
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Capital ICT Spending Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Capital ICT Spending Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Capital ICT Spending Market Size Forecast by Type
13.6.1 Internet of Things (IoT) Solutions
13.6.2 Robots and Drones
13.6.3 Augmented Reality and Virtual Reality (AR/VR) Headsets
13.6.4 3D Printers
13.6.5 Artificial Intelligence (AI)
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Capital ICT Spending Market Size Forecast by Applications
13.10.1 Hardware
13.10.2 Software
13.10.3 IT and Communication Services
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Capital ICT Spending Market: Competitive Dashboard
14.2 Global Capital ICT Spending Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cognizant
14.3.2 Dimension Data Holdings
14.3.3 Fujitsu
14.3.4 HP
14.3.5 IBM
