Economic forecast Stories

Global Stories

Economic forecast stories

Digital economy set to hit USD $28 trillion in 2026

The global digital economy is forecast to surge 9.5% in 2026 to USD $28 trillion, triple the pace of overall worldwide economic growth.

By Mark Tarre • 5 min read • Fri, 9th Jan 2026

Cartech

Understanding the US manufacturing slowdown

The US manufacturing slowdown reflects structural shifts and post-boom normalisation, with rising AI investment reshaping the sector amid tariff pressures.

By Rohit Garewal • 5 min read • Fri, 19th Sep 2025

Partner Programmes

GPC Asia Pacific adopts AI-powered platform to streamline supply chain

GPC Asia Pacific chooses RELEX Solutions to optimise forecasting and replenishment across 600 stores, aiming to improve inventory and product availability.

By Catherine Knowles • 3 min read • Thu, 8th May 2025

DevOps

IBM named leader in Gartner's cloud finance tools report

IBM has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud Financial Management Tools for its IBM Cloudability product.

By Catherine Knowles • 2 min read • Fri, 25th Oct 2024

Partner Programmes

Atturra to acquire managed IT services provider Sabervox

Headquartered in Newcastle, Sabervox specialises in providing managed IT services and cloud subscriptions to mid-sized customers in regional NSW and beyond.

By Gaurav Sharma • 3 min read • Thu, 7th Sep 2023

Internet of Things

Worldwide IoT spending to surpass $1 trillion in 2026 - IDC

Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.

By Catherine Knowles • 5 min read • Wed, 21st Jun 2023

Virtualisation

FMI predicts 25% CAGR for data virtualization cloud market

Recent studies reveal that over a third of companies are changing their focus to hybrid cloud structures as a core component of their existing cloud strategy.

By Gaurav Sharma • 3 min read • Mon, 24th Apr 2023

Health Technologies

ServiceNow tech services market size set to grow at CAGR of 17.4%

The ServiceNow tech services market is set to reach US$123.2 billion by 2033, driven by demand from healthcare and media sectors, according to FMI.

By Catherine Knowles • 4 min read • Thu, 20th Apr 2023

Unified Communications

Foldable phones market to reach US$42 billion in 2027: IDC

According to IDC, worldwide shipments for foldable phones will reach 48.1 million units with a market value of US$42 billion in 2027.

By Gaurav Sharma • 3 min read • Thu, 30th Mar 2023

Enterprise Resource Planning

Oracle Cloud EPM is a leader, says IDC 2022 MarketScape

IDC notes comprehensive product roadmap, exceptional customer support, and a feature-rich solution as key strengths of Oracle Cloud EPM.

By Gaurav Sharma • 3 min read • Fri, 3rd Feb 2023

IT Budget

Projected 2.4% increase in Global IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.

By Tom Raynel • 3 min read • Thu, 19th Jan 2023

Artificial Intelligence

AI platform market set to reach US$254 billion by 2032

The global AI platform market is projected to reach $254.14 billion by 2032, growing at a CAGR of 38.2%, according to Future Market Insights.

By Shannon Williams • 3 min read • Fri, 4th Nov 2022

Artificial Intelligence

IDC spending guide shows AI spending will double by 2025

According to a new IDC spending guide, U.S. spending on artificial intelligence solutions will double by 2025.

By Ryan Morris-Reade • 3 min read • Fri, 18th Mar 2022

Supply Chain

Forrester's forecast for the APAC tech market indicates a 6.2% growth in 2022

Forrester expects vaccination rates, and the reopening of economies will produce more sustained tech market growth, on par with or higher than before COVID-19.

By Ryan Morris-Reade • 3 min read • Wed, 9th Feb 2022

Agricultural Technology

NZ Govt backs new data-driven forecasting tool for agriculture sector

New Zealand Government invests $200k in new climate forecasting tool to help farmers prepare for dry conditions.

By Catherine Knowles • 3 min read • Fri, 7th Jan 2022

Stories from Other Regions

Economic forecast stories

Hyperscale

AI set to boost Australia's economy by up to AUD $142 billion

AI could boost Australia's economy by up to AUD $142 billion annually by 2030, driving productivity, wage growth, and small business benefits, a new report finds.

By Melania Watson • 6 min read • Mon, 20th Oct 2025