Worldwide ICT spending is set to grow to more than US$3.8 trillion, or 3.8 per cent, in 2015.
That's according to IDC which has revealed its top ten predictions for next year.
According to IDC, nearly all of the spending growth will be focused on 3rd Platform technologies, with spending on the 2nd Platform expected to slip into recession by the end of the year.
On a geographic basis, ICT spending in emerging markets is forecast to grow 7.1 per year over year, while mature markets hum along at 1.4 per cent growth.
IDC senior vice president and chief analyst, Frank Gens, said the third platform would account for one third of global ICT spending and 100 per of spending growth.
"The industry is now entering the most critical period yet in the 3rd Platform era: the 'Innovation Stage'," he said.
"Over the next several years, we expect to see an explosion of innovation and value creation on top of the 3rd Platform's foundation.
"This stage will be driven by a new wave of core technologies innovation accelerators that radically extend the 3rd Platform's capabilities and applications across all industries."
Telco services will see wireless data emerge as the largest ($536 billion) and fastest growing (13 per cent) segment of telecom spending.
To avoid being marginalised as little more than infrastructure providers, carriers will scramble to develop platform- and API-based services that add value and attract developers to their networks. They will also seek rapprochement with over-the-top (OTT) cloud services providers through innovative performance and revenue-sharing arrangements.
IDC has predicted mobile devices and apps will continue to charge ahead in 2015, but not at the frenzied pace seen in recent years.
Sales of smartphones and tablets will reach US$484 billion, accounting for 40 per cent of all IT spending growth (excluding telecom services), while Chinese vendors capture a significant share of the worldwide market.
Wearables will see an explosion of innovation, although unit sales will underwhelm.
And mobile app downloads will start to slow in 2015, but enterprise mobile app development will double.
Cloud services will remain a hotbed of activity in 2015 with US$118 billion in spending on the greater cloud ecosystem. Adoption of cloud Infrastructure as a Service (IaaS) will grow briskly (36 per cent) as market leader Amazon comes under attack from all directions as challengers attempt the "Amazoning of Amazon".
Similarly, look for heightened competition among Platform as a Service (PaaS) providers as competitors engage in death match battles to attract developers and their apps and Software as a Service (SaaS) players accelerate their adoption of PaaS and cloud marketplaces.
Gens said Cloud was also where he expected to see new partnerships forming among strange bedfellows.
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