TECH BUYER Oct 2021 - IDC FutureScape - Doc # US47115521
IDC FutureScape: Worldwide Digital Transformation 2022 Predictions
By: Giulia CarosellaEuropean Digital Transformation Practice Lead, IDC, Serge FindlingVice President of Research, Digital Transformation, Shawn FitzgeraldResearch Director, Digital Transformation Strategies, Daniel-Zoe JimenezAssociate Vice President, Digital Transformation (DX), Future Enterprise, and SMB, Gard LittleVice President, Global Services Markets and Trends, Adelaide O'BrienResearch Director, Government Digital Transformation Strategies, Robert ParkerSenior Vice President, Enterprise Applications, Data Intelligence, Services, and Industry Research, Joseph C. PucciarelliGroup Vice President & IT Executive Advisor, Yukiharu YorifujiResearch Vice President, IDC Japan
This IDC study provides IDC's top 10 predictions for digital transformation for 2022.
"Direct digital transformation (DX) investment growth rates are accelerating, up to 16.5% CAGR for 2022-2024. This is an increase of one full percentage point from the 15.5% CAGR we saw for the 2020-2023 time frame. Investment levels for 2022-2024 are expected to be $6.3 trillion and are 55% of all ICT investment by the end of 2024. This is a $0.9 trillion increase from the 2020-2023 time frame where we forecast direct investment at $5.4 trillion. For the first time ever, we see that the majority of enterprise organizations (at 53%) have an enterprisewide digital transformation strategy, a 42% increase from just two years ago," states Shawn Fitzgerald, research director, Worldwide Digital Transformation Strategies.