New tech will drive ICT spending to double the rate of GDP growth
Worldwide information and communications technology (ICT) spending is set to accelerate over the next five years, thanks to the growth of new technologies including the Internet of Things (IoT), robotics, augmented and virtual reality (AR/VR), and cognitive computing and artificial intelligence (AI).
While the latest International Data Corporation (IDC) Worldwide Black Book forecasts traditional ICT spending to lag GDP growth by 2020, total ICT spending including these new categories will return to growth rates double that of the global economy.
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