Information and Communication Technology ICT market research reports focus on communication technologies, it includes the Internet of Things, IoT communication platforms, wireless networks and cell phones.
This study provides an update to IDC's worldwide IoT market outlook at a regional and technology level. It provides forecast on the installed base by region as well as spend projections from both a regional and a technology split perspective. This document also highlights key considerations for technology suppliers in this evolving and complex market as well as some of the drivers and inhibitors of growth throughout the forecast period.
Previously encumbered by a combination of technology gaps and consumer readiness issues, Virtual Reality is poised for considerable global growth, providing abundant opportunities for service providers, content developers, and ecosystem component providers. Overall global VR revenue is expected to grow at 54.84% CAGR from 2018 to 2023. Anticipated VR growth is driven by a few important factors including an anticipated precipitative price decline for consumer headsets, which will spur VR device adoption and facilitate VR application and content development to reach an inflection point.
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