Consumers are set to spend £53.6 billion a year using their smartphones and tablets by 2024, compared with the £9.7 billion spent today, according to new research by Barclays.
451 Research thinks the proportion of spending on public cloud storage is set to double in the next two years, with on-premises storage being the biggest loser in the game.
A new report from Forrester has predicted that software sales will grow significantly over the next two years, due to organisations stepping up their cloud and software-as-a-service (SaaS) adoption in 2016 and 2017.
Citing higher levels of competition and the subsequent pressure for vendors to slash prices, research firm Gartner has lowered its predictions for the industry.
Traditional vendors having to increasingly compete with cloud-based software-as-a-service (SaaS) offerings, lower prices and vendor software consolidation, says the group.
Global spending on the Internet of Things (IoT) will rise 17 per cent in the next four years, a new prediction by the market watchers suggests.
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