IDC expects $ 20 trillion in digital transformation spending in 2023

IDC analysts expect the cost of digital transformation, including hardware, software and services, to reach $ 2.3 trillion in 2023. This forecast corresponds to an average annual growth of 17.1% between 2019 and 2023.

According to IDC (International Data Corporation), manufacturing companies spend the most on switching to digital technology. Their share within the forecast period will be close to 30%. The main expenses are related to automation and robotization. The second largest “digitalization” spending industry is retail. Here, new technologies can improve the efficiency of operations and integrate disparate channels of interaction with consumers. The following is the scope of professional services and transportation.

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