Market Overview:
The global information and communications technology (ICT) market is expected to grow from USD 3.89 trillion in 2018 to USD 6.43 trillion by 2030, at a CAGR of 5.8% from 2018 to 2030. The growth of the ICT market can be attributed to the increasing demand for cloud computing, big data, and security solutions; rising number of internet users; and growing adoption of IoT devices across various industries. The global ICT market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into IoT, big data, security, cloud computing,, content management,. On the basis of application,,the market is segmented into devices software,, IT services,,data center systems,, communication services,.and others).On the basis og region,.the marketis dividedinto North America., Latin America., Europe., Asia Pacific.,and Middle East & Africa). Some key players in thismarket are Microsoft Corporation (U.S.), IBM Corporation (U.S.), Hewlett-Packard Enterprise Company(U .S.), Dell Technologies Inc.(U .S.), Oracle Corporation(U . S), Intel Corporation ( U S), Huawei Technologies Co Ltd.(China), Samsung Electronics Co Ltd.
 Industry Outlook.svg)
Product Definition:
ICT is the umbrella term for all technologies used to create, store, manipulate, transmit or receive information. This includes everything from computers and smartphones to software and cloud services. ICT is a vital part of everyday life, allowing us to communicate with each other, access information and do business.
IoT:
IoT is short for Internet of Things. It is a network-based technology that enables the connection of physical devices, vehicles, and people to the internet. The technology allows these connected devices to collect data from various sources and transfer it over an IP-based network for use in further processes or analytics.
Big Data:
The term big data has been floating around in the ICT industry for a while. However, it was only recently that the concept of big data and analytics captured the attention of most technology vendors. Big Data is a large volume of information that needs to be collected, structured and analyzed quickly. It covers a wide range of information such as consumer behavior trends, financial transactions records, media content etc.
Application Insights:
The software application segment dominated the global information and communications technology (ICT) market in 2017. The growing demand for web-based applications, mobile applications, and cloud computing is propelling the growth of this segment. Moreover, a significant increase in investments for developing innovative solutions will boost the growth of this sector over the forecast period. For instance, according to Gartner Inc., an IT consulting firm, worldwide software spending was estimated at USD 3 trillion in 2016 while hardware spending was valued at USD 2 trillion globally that year.
Devices are anticipated to be one of the fastest-growing segments over the forecast period owing to increasing demand from various sectors such as retail & consumer goods; healthcare; transportation & logistics; banking, financial services & insurance (BFSI); public safety & military; utilities among others which require advanced ICT infrastructure for their operations effectively.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing adoption of cloud computing, big data, and IoT technologies across various industries. Moreover, growing demand for high-speed wireless internet services is anticipated to drive regional market growth over the forecast period.
Asia Pacific information technology(ICT) market was valued at USD X billion in 2017 and is projected to emerge as one of the fastest-growing regions during the forecast period owing to rising investments by governments in improving telecom infrastructure coupled with rapid urbanization and industrialization taking place across countries such as China, India Japan South Korea among others are expected drive regional growth over next eight years.
Growth Factors:
- Increasing demand for data-driven services and analytics
- Proliferation of connected devices and the Internet of Things (IoT)
- Rapid adoption of cloud-based services
- Emergence of new technologies, such as artificial intelligence (AI), machine learning, and 5G networks
- Growing demand for cybersecurity solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Information and Communications Technology(ICT) Market Research Report
By Type
IoT, Big Data, Security, Cloud Computing, Content Management
By Application
Devices, Software, IT, Data Center Systems, Communication Services, Others
By Companies
Microsoft, HP, Cisco, Dell, WM, Ware, IBM, Intel, Oracle-Sun, CISCO, SAP
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Information and Communications Technology(ICT) Market Report Segments:
The global Information and Communications Technology(ICT) market is segmented on the basis of:
Types
IoT, Big Data, Security, Cloud Computing, Content Management
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
Devices, Software, IT, Data Center Systems, Communication Services, Others
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:
- Microsoft
- HP
- Cisco
- Dell
- WM
- Ware
- IBM
- Intel
- Oracle-Sun
- CISCO
- SAP
 Market Overview.svg)
Highlights of The Information and Communications Technology(ICT) 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:
- IoT
- Big Data
- Security
- Cloud Computing
- Content Management
- By Application:
- Devices
- Software
- IT
- Data Center Systems
- Communication Services
- Others
- 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 Information and Communications Technology(ICT) 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Information and Communications Technology (ICT) refers to all forms of technology that allow people to communicate with each other electronically. This can include anything from email and text messages, through social media platforms like Facebook and Twitter, to online banking systems. ICT is also used for accessing information, whether thatu2019s research papers or news stories.
Some of the major companies in the information and communications technology(ict) market are Microsoft, HP, Cisco, Dell, WM, Ware, IBM, Intel, Oracle-Sun, CISCO, SAP.
The information and communications technology(ict) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size & Forecast, 2018-2028
4.5.1 Information and Communications Technology(ICT) Market Size and Y-o-Y Growth
4.5.2 Information and Communications Technology(ICT) Market Absolute $ Opportunity
Chapter 5 Global Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Type
5.2.1 IoT
5.2.2 Big Data
5.2.3 Security
5.2.4 Cloud Computing
5.2.5 Content Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Applications
6.2.1 Devices
6.2.2 Software
6.2.3 IT
6.2.4 Data Center Systems
6.2.5 Communication Services
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Analysis and Forecast
9.1 Introduction
9.2 North America Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Type
9.6.1 IoT
9.6.2 Big Data
9.6.3 Security
9.6.4 Cloud Computing
9.6.5 Content Management
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 Information and Communications Technology(ICT) Market Size Forecast by Applications
9.10.1 Devices
9.10.2 Software
9.10.3 IT
9.10.4 Data Center Systems
9.10.5 Communication Services
9.10.6 Others
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 Information and Communications Technology(ICT) Analysis and Forecast
10.1 Introduction
10.2 Europe Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Type
10.6.1 IoT
10.6.2 Big Data
10.6.3 Security
10.6.4 Cloud Computing
10.6.5 Content Management
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 Information and Communications Technology(ICT) Market Size Forecast by Applications
10.10.1 Devices
10.10.2 Software
10.10.3 IT
10.10.4 Data Center Systems
10.10.5 Communication Services
10.10.6 Others
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 Information and Communications Technology(ICT) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Type
11.6.1 IoT
11.6.2 Big Data
11.6.3 Security
11.6.4 Cloud Computing
11.6.5 Content Management
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 Information and Communications Technology(ICT) Market Size Forecast by Applications
11.10.1 Devices
11.10.2 Software
11.10.3 IT
11.10.4 Data Center Systems
11.10.5 Communication Services
11.10.6 Others
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 Information and Communications Technology(ICT) Analysis and Forecast
12.1 Introduction
12.2 Latin America Information and Communications Technology(ICT) 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 Information and Communications Technology(ICT) Market Size Forecast by Type
12.6.1 IoT
12.6.2 Big Data
12.6.3 Security
12.6.4 Cloud Computing
12.6.5 Content Management
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 Information and Communications Technology(ICT) Market Size Forecast by Applications
12.10.1 Devices
12.10.2 Software
12.10.3 IT
12.10.4 Data Center Systems
12.10.5 Communication Services
12.10.6 Others
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) Information and Communications Technology(ICT) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Information and Communications Technology(ICT) 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) Information and Communications Technology(ICT) Market Size Forecast by Type
13.6.1 IoT
13.6.2 Big Data
13.6.3 Security
13.6.4 Cloud Computing
13.6.5 Content Management
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) Information and Communications Technology(ICT) Market Size Forecast by Applications
13.10.1 Devices
13.10.2 Software
13.10.3 IT
13.10.4 Data Center Systems
13.10.5 Communication Services
13.10.6 Others
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 Information and Communications Technology(ICT) Market: Competitive Dashboard
14.2 Global Information and Communications Technology(ICT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 HP
14.3.3 Cisco
14.3.4 Dell
14.3.5 WM
14.3.6 Ware
14.3.7 IBM
14.3.8 Intel
14.3.9 Oracle-Sun
14.3.10 CISCO
14.3.11 SAP
