GenAI Spending to Reach $644 Billion in 2025
Worldwide GenAI spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast by Gartner.
Worldwide GenAI spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast by Gartner.
According to an IDC report on the outlook for IoT spending in Europe, the Middle East, and Africa, we can expect an 11% compound annual growth rate (CAGR) between 2023 and 2028.
A new study from Juniper Research found that the number of digital ID verification checks will reach 86 billion in 2025, rising from 75 billion in 2024.
Global foldable smartphone shipments in 2024 saw tepid growth at 2.9%, according to Counterpoint Research.
Spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 99.3% year-over-year in the fourth quarter of 2024 to $67 billion, according to IDC.
AMOLED display shipments for smartphones continued to rise in 2024, surpassing TFT LCD shipments, according to Omdia.
The Association of Chip Design and Manufacturing Companies (SEMI) forecasts that China will remain the leader in global chip equipment spending.
A new study from Juniper Research has found that the number of Open Banking API calls globally will increase by 427%, from 137 billion in 2025.
AI-capable PC shipments hit 15.4 million units in 4Q24, accounting for 23% of all shipments during the quarter, according to Canalys.
Online consumer spending is set to reach $4.4 trillion in 2025, with the US contributing $1.4 trillion, according to Omdia.
Influencer marketing spending will surpass $10 billion in the US in 2025, one year earlier than Emarketer predicted.
According to the IDC report, public cloud services spending in Europe will total $221 billion in 2025 and will reach $373 billion by 2028, recording a five-year (2023-2028) compound annual growth rate (CAGR) of 20%.
Global smart glasses shipments surged 210% YoY in 2024 driven by strong demand for Ray-Ban Meta smart glasses, according to Counterpoint Research.
The German card payments market is forecast to register a compound annual growth rate (CAGR) of 5.9% between 2025 and 2029 to reach €788.1 billion ($852.1 billion) in 2029, according to GlobalData.
A new study from Juniper Research has forecast that global revenue from conversational AI services will grow from $14.6 billion in 2025 to more than $23 billion by 2027.
A new study from Juniper Research has found that the global number of IoT devices protected by cybersecurity solutions will reach 28 billion by 2028, rising from only 14 billion in 2024.
By 2029, agentic AI will autonomously resolve 80% of common customer service issues without human intervention, leading to a 30% reduction in operational costs, according to Gartner.
One in three global smartphone shipments is expected to be GenAI capable in 2025, set to surpass 400 million units during the year, according to Counterpoint Research.
According to IDC, the server market reached a record $77.3 billion in revenue during the last quarter of the year.
A new study from Juniper Research has found that over 1.5 billion mobile subscribers will use carrier billing globally to buy either digital content, physical goods, or digital tickets, in 2025.