Last month, Gartner released their outlook on worldwide IT spending and revised their global IT spending projections to growth of 2.1% over the year to $3,749 billion. Earlier, Gartner had projected a growth of 3.2% in IT spend for the year. Gartner believes that continued price pressure driven by increased competition and lack of product
According to an eMarketer report, mobile advertising in the US increased 121% over the year in 2013. Compare this with the desktop advertising market growth, which reported a comparatively modest 2.3% growth in 2013. eMarketer projects that desktop advertising will decline 9.4% in 2014 compared with an 82.3% increase in mobile advertising.
Where most newspaper and traditional media companies have struggled, few of the players who have adapted themselves to the Web have found a lucrative business model. One such company is New York-based Vice Media which is cashing in on online, and specifically, video streaming content to become one of the leading players in the space.
Yahoo has been distracting shareholders and analysts ever since Marissa Mayer took office with hyper-hyped acquisitions. Until recently, the actual financial performance of the company has not been called into scrutiny. Meanwhile Alibaba’s deservedly hyped IPO has provided a welcome shield (Yahoo is a big shareholder). But now, Marissa’s honeymoon period is over. The market
According to an Infonetics Research report, there is a global improvement in the market for videoconferencing and telepresence services. The worldwide market for videoconferencing and telepresence equipment grew 5% over the year to $3.2 billion in 2013. The growth is driven by the emerging markets of Asia Pacific and EMEA which recorded an 8% growth
According to a recent report by Visiongain, the global mobile security market was estimated to be worth $3.49 billion in 2013. The market is expected to show rapid growth in the next few years driven by rapid adoption of mobile device technology in emerging markets. IDC estimates that by the end of the current year,
According to a report by Magna Global, the worldwide advertising market was estimated to be worth $490 billion in 2013. TV advertising remains the largest ad segment, accounting for $197 billion in spend globally. However, like in other areas, digital video advertising is growing rapidly. The researcher estimates that spending on digital video advertising globally will
According to a comScore report, e-commerce sales in 2013 grew 14% over the year while total retail sales grew in single digits in the US. While online sales may be increasing at a rapid pace, physical store sales still account for a big portion of total retail consumption. To ensure continuous improvement in brick-and-mortar store