According to Gartner, end user spending on online music services will increase from $5.9 billion last year to an estimated $6.3 billion in the current year. The market is expected to be worth $6.8 billion in 2012 and will grow to $7.7 billion in 2015. Over the same period, spending on music in physical formats,
IDC and Gartner reports estimate that global PC shipments increased 3% over the year last quarter to 91.8 million units, shy of 5% growth projected earlier. HP maintained their lead by growing 5% over the year to retain 18% of the global market. Within the U.S., HP’s shipments grew 15% over the year to reach a
According to a report by PopCap Games, in 2011 the number of people in the U.K. and U.S. playing social games at least once a week increased 71% over the year to 118.5 million. The study claims that the number of players transacting in virtual currency increased 86% over the year to 31 million. Facebook
According to IDC and Gartner reports, growth in global PC shipments over the previous quarter was not impressive. Reports estimate that global PC shipments of 91.8 million units reported meager 3.2% growth over same quarter the previous year. Gartner had earlier predicted growth of 5.1% for the quarter. HP maintained their lead in the PC
Within North America, there are more than 650 daily deal providers from whom more than 26 million users have bought deals. With an 88% user share, Groupon is the market leader in the segment. Analysts expect the U.S. daily deals market to pick up during the holiday season after a slump over the summer. Domestic
The $76 billion Indian IT outsourcing industry is facing some of its biggest challenges in recent years. With an average 12.9% increase in salaries in 2011, the country claims to deliver among the highest wage increases in the world. Competition from other countries and regions such as Latin America, the Philippines, and Eastern Europe is also on
A travel study conducted by Trip Advisor on more than 2,700 U.S. travelers revealed that 31% of U.S. travelers will spend more on travel in 2012 than in the current year. Forty-nine percent of those surveyed are expected to keep their travel spending constant during the two-year period. The optimism in travel spending is reflected in
According to researchers, Global Industry Analysts, global market for business process outsourcing (BPO) is projected to be worth $280.7 billion by 2017. Growth will be driven by expansion in finance and accounting outsourcing with the financial services, manufacturing, logistics and travel industries adopting the F&A outsourcing trend. The report estimates that while the U.S. will dominate the