Sunday, 3 December, 2023

IT firms to see $900 bn digital tech market by 2025: Analysts

<p>Devang Bhatt, Analyst at ICICI Direct Research, in a note, said the digital tech market is expected to grow at 16% YoY over the next four years to reach $900 bn in FY25 from $490 bn in the Fy 21. Enterprises, in a subsequent manner, will see new-age tech like Artificial Intelligence, Augmented Reality, Virtual Reality, data analytics and Internet of Things to be developed around Cloud, leading to a multi-year tech spends.</p> <p>&nbsp;</p>