target audience: TECH BUYER Publication date: Oct 2021 - Document type: IDC FutureScape - Doc Document number: # US47115521
IDC FutureScape: Worldwide Digital Transformation 2022 Predictions
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Abstract
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.