Type of Article: MacTech Blog

Security tech revenue to surpass $100 billion in 2020

The first Worldwide Semiannual Security Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for security-related hardware, software, and services will grow from $73.7 billion in 2016 to $101.6 billion in 2020.

This represents a compound annual growth rate (CAGR) of 8.3%, more than twice the rate of overall IT spending growth, over the five-year forecast period. The new spending guide expands on IDC’s previous security forecasts by offering greater detail on spending by geography, industry, and technology.

Read More

Devices with wireless charging forecast to jump 40% in 2016

The number of devices enabled with wireless charging will exceed 200 million units a year for the first time in 2016, according to the latest IHS Markit (www.ihs.com) forecast.  Driven by shipments in mobile phones and wearables, this represents a 40% increase over 2015 levels as more consumers experience wireless charging for the first time, according to the research group.

Read More