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Economic forecast stories

WARC lifts ad outlook but Gulf crisis risks USD $94bn
Marketing Technologies

WARC lifts ad outlook but Gulf crisis risks USD $94bn

A prolonged Gulf energy crisis could wipe USD $93.7 billion from expected ad market growth as higher costs hit spending worldwide.

By Karen Joy Bacudo • 5 min read • Wed, 17th Jun 2026
Digital economy set to hit USD $28 trillion in 2026
Robotics

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
Understanding the US manufacturing slowdown
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
GPC Asia Pacific adopts AI-powered platform to streamline supply chain
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
IBM named leader in Gartner's cloud finance tools report
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
Atturra to acquire managed IT services provider Sabervox
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
Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
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
FMI predicts 25% CAGR for data virtualization cloud market
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
ServiceNow tech services market size set to grow at CAGR of 17.4%
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
Foldable phones market to reach US$42 billion in 2027: IDC
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
Oracle Cloud EPM is a leader, says IDC 2022 MarketScape
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
Projected 2.4% increase in Global IT spending in 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
AI platform market set to reach US$254 billion by 2032
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

Stories from Other Regions

Economic forecast stories

RBA rate cut fuels cautious optimism as essentials drive growth
Economic forecast

RBA rate cut fuels cautious optimism as essentials drive growth

The RBA's rate cut brings cautious optimism as Australians boost spending on essentials like groceries and pharmacy amid economic uncertainty.

By Kaleah Salmon • 4 min read • Thu, 14th Aug 2025
Construction activity to fall after reaching peak
Disaster Recovery

Construction activity to fall after reaching peak

Activity in the sector is set to return to 2020 levels as post-Covid demand eases and residential consents settle lower.

By Staff Writer • 5 min read • Sun, 18th Feb 2024
Projected 5.8% increase to Australia IT spending in 2023
Supply Chain

Projected 5.8% increase to Australia IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.

By Tom Raynel • 2 min read • Thu, 19th Jan 2023
Projected 5.5% increase to New Zealand IT spending in 2023
Supply Chain

Projected 5.5% increase to New Zealand IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.

By Tom Raynel • 2 min read • Thu, 19th Jan 2023
Widespread fall in house prices continue
Insurance

Widespread fall in house prices continue

Tighter, costlier credit is set to deepen New Zealand's housing downturn, with CoreLogic warning of more price falls and weaker sales.

By Michael Curreen • 7 min read • Wed, 1st Jun 2022