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Tag: spending

Report

IDC sees double-digit growth in 2024 for IT security spending in MEA

Spending on security products and services in the Middle East and Africa (MEA), excluding Israel, will grow 10.3% year on year in 2024 ...
By ITEdgeNewsMarch 22, 20240
General

Financial sector’s spending on AI to surge by 30% to $97b by 2027

Artificial Intelligence has not only transformed how people relate to technology but also significantly impacted the business sector. While some fear AI could ...
By ITEdgeNewsFebruary 13, 20240
Report

IDC predicts ICT spending in the META will top $238b in 2024

Overall spending on information and communications technology (ICT) across the Middle East, Türkiye, and Africa (META) will top $238 billion this year, an ...
By ITEdgeNewsFebruary 5, 20240
Global PC and smartphone sales
Report

Global spending on PCs and mobile phones to drop by $10b in 2024

After reaching a record $730 billion in sales revenue in 2021, the global demand for IT devices, including desktop PCs, laptops, tablets, and ...
By ITEdgeNewsFebruary 5, 20240
Report

Global influencer ad spending to grow by 55% and top $48B by 2027

Although people have started losing trust in influencers, brands and companies are still spending heavily on this type of marketing, pushing the entire ...
By ITEdgeNewsOctober 16, 20230
Report

REVEALED: Digital Ad spend to skyrocket by 47.23% to $835.82b by 2026

Digital advertising spending worldwide from 2021 to 2026 (in billion U.S. dollars)  Digital advertising spending worldwide amounted to 626.86 billion U.S. dollars in ...
By ITEdgeNewsJune 30, 20230
News

Ad spending in Metaverse to hit $1.98b; 264% rise in next 5 years

According to a recent BanklessTimes.com data presentation, American businesses are set to increase their Metaverse Ad budgets from $0.53B to $1.93B between 2023 and 2028. That represents ...
By ITEdgeNewsJune 24, 20230
Report

Global in-app purchase spending to jump by 28% and hit $296b by 2027

Last year mobile phone users worldwide spent almost $205bn on in-app purchases, the highest value in the app market`s history. This figure is ...
By ITEdgeNewsJune 21, 20230
News

IT & Business Services spending in MEA to grow despite looming recession – IDC

Spending on IT and business services in the Middle East and Africa (MEA) — including Israel — will reach $30.3 billion in 2023, ...
By ITEdgeNewsApril 25, 20230
News

MEA will see world’s fastest AI spending growth through 2026, says IDC

Spending on artificial intelligence in the Middle East and Africa (MEA) — including Israel — will reach $3.0 billion in 2023, according to ...
By ITEdgeNewsApril 11, 20230

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