TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Summits
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from IDC

Tracker

New IDC forecast shows continued market growth for digital strategy services

Via IDC

Jun 28, 2017

FRAMINGHAM, Mass., June 28, 2017 – A newly published forecast from International Data Corporation (IDC) shows that the trend of strong market growth in digital strategy and agency services will continue through 2021.

The strong growth rates in spending are attributed to the degree of maturity in Digital Transformation (DX) strategies as executives carefully consider and plan for the impact of digital innovation on everything from enterprise business goals to products and service innovation, business processes, organizational structures, and the workforce.

As DX becomes completely foundational to future business, the proportion of digital-related consulting engagements will increase from about half of all business and information technology (IT) consulting engagements in 2013–2015 to approximately 70% of all engagements in 2020 or 2021, driving the total market for digital strategy and agency services to well over $100 billion in services opportunities worldwide by 2021.

In IDC's most recent survey of digital enterprise leadership worldwide, the vast majority of executives say consulting partners in the professional services market are not just important, but critical to Digital Transformation success.

"Over a quarter of digital executives say budgets for digital consulting and agency services partners will increase by 25% over the next one to two years, and about 10% say budgets for these services will double by 2019. And, as more firms adopt enterprise-wide digital strategies, executives should expect their relationships with professional services providers to embody a larger portfolio of digital capabilities," said Michael Versace, research director, D igital S trategy and Agency Services at IDC.

The study, Worldwide and US Digital Strategy and Agency Services Forecast, 2017-2021 (Doc #US42796517), provides a forecast of digital strategy services through an analysis of the worldwide and U.S. business consulting, IT consulting, custom applications design, risk advisory, and digital agency markets.

Related Topics
  • Device Software & Apps,
  • Digital Platforms & Services,
  • Enterprise,
  • IDC,
  • News,
  • North America,
  • Research and Trials,
  • Tracker,
  • Transformation

More Like This

AI, Analytics & Automation

IBM to Acquire myInvenio to help Organizations Use AI-powered Automation to Better Streamline Business Processes

Apr 18, 2021

5G

China Mobile Hebei and Huawei deploy 5G indoor gigabit networks

Apr 16, 2021

Digital Platforms & Services

Nokia’s Nuage Networks to power China Mobile Cloud’s massive public cloud expansion

Apr 15, 2021

5G

Ericsson and MediaTek dual connectivity breakthrough makes the path to 5G Standalone easier

Apr 15, 2021

Access Evolution

LEO broadband services will propel satellite broadband market revenues to US$4.1 billion in 2026

Apr 15, 2021

This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

DSP Leaders World Forum 2021 Delegate Report

0:50

DSP Leaders Open Telco Summit

23:25

Extra Shot: Next Steps for DSPs

11:17

How cloud dynamics are reshaping the telecoms sector

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Summits
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
info@telecomtv.com
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices