In our ICT market research reports we are focusing mainly on the emerging information and communication technology. The companies and enterprises are growing in size, with this massive growth there is a need of fast and effective communication system to ensure fast and smooth information exchange. This presents a solid growth opportunity for the ICT segment. In our ICT market research reports we are pin-pointing some of the fastest growing markets in the segment such as global cloud computing and global mobile broadband data card market.
Further, Cloud computing is one such market that is currently contributing majorly to ICT market growth. With the growing need for fast and effective communication system within the organizations, cloud computing market is expected to see new highs in the days to come which is beneficial for ICT industry growth. In fact, the market is likely to reach $270 billion with a compounded annual growth rate of 30% by 2020. Moving ahead, with the organizations growing in size, cyber security is also a big question nowadays. But the emergence of Internet of things market has answer for this. IoT market is now out of the infancy stage and is seeing good traction in the market.
The usage of mobiles, laptops and other wireless devices has also increased recently with handsome growth in the tech sector. This has also proposed a bright opportunity for the mobile broadband market. On the flip side, people are continually moving to 3G from 2G and the data cards supporting 3G are in great demand. On the back of this growth, this mobile broadband market is expected to grow meaningfully between 2014 and 2020 with a CAGR of 0.40%. The reports published under this segment will help you to have a closer look at the overall scenario and will surely help you to take strategic business decisions.