5 Sectors to Spend $37.5 Billion on Industry Cloud Solutions in 2018, Says IDC
Retail/wholesale and manufacturing are two of five commercial sectors, along with healthcare, government and financial, that are expected to spend a total of $37.5 billion globally on industry cloud solutions in 2018, said IDC Friday. It forecast spending to grow…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
21 percent in 2019 to $45.4 billion. Manufacturing will have the biggest rate of growth in industry-cloud spending this year, rising 26.3 percent to $3.6 billion, followed by retail/wholesale, rising 24.6 percent to $6.1 billion, it said. Healthcare this year will remain the sector with the highest spending, rising 20.6 percent to $12.1 billion, said IDC.