(Photo Courtesy: Gartner)

Gartner Symposium is where some of the world’s top CIOs, senior IT, marketing and supply chain leaders immerse themselves in the emerging trends shaping IT and business with its clients ranging from various sectors; large corporations, government agencies, technology companies and the investment community.

Through an unparalleled confluence of Gartner analysts, industry experts, peers and solution providers, those in attendance of these annual events uncover new ways to approach critical challenges, make decisions with confidence and become an even more effective leader.

At the on going 2017 Gartner Symposium currently being held at CTICC in Cape Town, South Africa from 18th to 21st September 2017, the US-based research firm Gartner Inc. according to reports revealed some rather intriguing statistics relating to various technology sectors. Gartner uses hype cycles and Magic Quadrants for visualization of its market analysis results.

Here are the 16 statistics revealed:

  1. IT spending in South Africa is forecast to total R266 billion in 2017, a 2.4 percent increase from 2016.
  2. Worldwide semiconductor revenue is forecast to total USD$401.4 billion, an increase of 16.8 percent from 2016.
  3. 58 Percent of CEOs see “growth” as their highest business priority.
  4. Worldwide shipments of PCs, tablets, and smartphones are expected to exceed 2.3 billion units in 2017, a decline of 0.3 percent from 2016.
  5. PC shipments are on pace to drop 3 percent in 2017.
  6. Smartphone shipments will grow 5 percent in 2017, reaching nearly 1.6 billion units.
  7. The supply chain management market will exceed USD$13 billion in total software revenue by the end of 2017, up 11 percent from 2016.
  8. By 2021, SaaS deployments are forecast to account for more than 35 percent of total supply chain management spending.
  9. Growth in worldwide cloud-based security services will remain strong, reaching USD$5.9 billion in 2017, up 21 percent from 2016.
  10. Gartner estimates the cloud-based security services market will reach close to USD$9 billion by 2020.
  11. Public cloud will be the prime delivery model for more than 60 percent of security applications by the end of 2017.
  12. By 2022, smart machines and robots may replace highly trained professionals in tasks within medicine, law, and IT.
  13. Global spending on consumer video media services will total USD$314 billion in 2017, a 4.2 percent increase from 2017.
  14. In 2017, emerging Asia/Pacific (20.8 percent) and Middle East and North Africa (17.4 percent) are forecast to record the highest growth in end-user spending on consumer video media services.
  15. 8.4 Billion connected things will be in use worldwide in 2017, up 3 percent from 2106, and will reach 20.4 billion by 2020.
  16. Middle East and North Africa IT spending is projected to reach USD$155.8 billion in 2017, a 2.4 percent increase from 2017.

Editor’s Note: Written with inputs from ITNews Africa.