study_id163605_tech-tre ccvnds-2024.pptx

study_id163605_tech-trends-20245

1. DIGITAL & TRENDS Tech trends 2024

2. Table of Contents 1 01 IT spending outlook 04 Global IT spending forecast 2012-2024, by segment 05 IT services global spending forecast 2008-2024 06 IT budget change for tech companies in North America and Europe 2020-2024 07 IT budget allocation North America/Europe 2024, by segment 08 Growth of AI investment globally 2015-2025 (in billion U.S. dollars) 02 AI integration everywhere 10 Global artificial intelligence market size 2021-2030 11 Worldwide generative AI revenue 2020-2032 12 Most important technologies for businesses short-term ambitions as of 2023 13 Positive impact of new technology on business performance as of 2023, by technology 14 Median valuations for AI and non-AI startups worldwide 2023, by stage 03 The rise of managed service providers 16 Deployment location of AI when training in enterprises globally 2023, by adoption 17 Global public cloud application services (SaaS) market size 2015-2024 18 Public cloud application infrastructure services market 2015-2024 19 Global public cloud infrastructure as a service market size 2015-2024 20 Managed services market size forecast worldwide 2023-2032 04 AI chips: Powering the revolution 22 AI chip market revenue 2022-2027 23 Semiconductor market revenue worldwide 2020-2025, by end market 24 IT data center systems total spending worldwide 2012-2024 25 Leading semiconductor companies worldwide 2024, by market cap 26 Nvidia specialized market revenue worldwide FY2019-2024, by quarter 05 AI in cybersecurity 28 Risks from AI that organizations are mitigating worldwide 2022 29 Main skills gaps among cybersecurity teams worldwide 2023 30 Main benefits of incorporating AI into cybersecurity operations 2023 31 Most promising emerging AI and ML techniques for enhancing cybersecurity 2023 32 Main concerns about incorporating AI into cybersecurity operations 2023 06 AI in programming and development 34 Share of IT professionals who use AI tools daily worldwide 2023, by profession 35 Most popular AI tools among IT professionals worldwide 2023 36 Most popular uses of AI in the development workflow globally 2023 37 Benefits of using AI in the development workflow globally 2023 38 Accuracy of AI tools in the development workflow globally 2023

3. Table of Contents 2 07 Edge data centers: Facilitating digital connections 40 Edge computing market value worldwide 2019-2026 41 Number of IoT connected devices worldwide 2019-2023, with forecasts to 2030 42 Key drivers for deploying edge data centers worldwide 2023 43 Impact of sustainability concerns in deploying edge data centers worldwide 2023 44 Most anticipated connections between edge computing types 2023 08 Foldables and AI smartphones 46 Foldable smartphone unit shipments worldwide 2022-2027 47 Foldable smartphone unit shipments worldwide 2023, by vendor 48 Foldable smartphone market share worldwide 2023, by vendor 49 Smartphone users willing to purchase a foldable worldwide 2023 50 Reasons to buy a foldable smartphone worldwide 2023

4. IT spending outlook CHAPTER 01

5. Description: The global information technology (IT) spending on devices, including PCs, tablets, mobile phones, printers, as well as data center systems, enterprise software, and communications services came to 4.7 trillion U.S. dollars in 2023. By 2024, IT spending is expected to increase to a staggering five trillion dollars worldwide. Read more Note(s): Worldwide; 2012 to 2023; * Forecast Read more Source(s): Gartner 4 Information technology (IT) spending worldwide from 2012 to 2024, by segment (in billion U.S. dollars) Global IT spending forecast 2012-2024, by segment

6. Description: In 2023, spending on IT services is projected to amount to around 1.42 trillion U.S. dollars worldwide. Read more Note(s): Worldwide; 2008 to 2022; *Forecast Read more Source(s): Gartner 5 Information technology (IT) services spending forecast worldwide from 2008 to 2024 (in billion U.S. dollars) IT services global spending forecast 2008-2024

7. Description: The majority of respondents from North America and Europe stated that their company expected an increase in their IT budget in 2024. Only four percent of respondents answered that their company's IT budget would decrease in 2024. Read more Note(s): North America, Europe; June to July 2023; 883 respondents; IT professionals Source(s): Aberdeen Group; Spiceworks; SWZD 6 IT budget change for tech companies in North America and Europe from 2020 to 2024 IT budget change for tech companies in North America and Europe 2020-2024

8. Description: The expected allocation of information technology (IT) budgets in 2024, according to a 2023 survey of North American and European IT professionals, is the largest for the hardware and software segments, accounting for 20 percent of the total IT budget for each segment. By contrast, managed service projects will only be allocated 14 percent of a company IT budget for 2024. Read more Note(s): North America, Europe; June to July 2023; 883 respondents; IT professionals Source(s): Aberdeen Group; Spiceworks; SWZD 7 Allocation of information technology (IT) budgets in organizations in North America and Europe in 2024, by segment IT budget allocation North America/Europe 2024, by segment

9. Description: AI investment is likely to continue growing following a massive spike in 2021. Investment levels in AI nearly doubled between 2020 and 2021 and are expected to show a noticably increased upward trend from 2022 onwards. Read more Note(s): Worldwide, China, United States; 2015 to 2023; *Forecast Read more Source(s): Goldman Sachs 8 Artificial intelligence (AI) investment growth from 2015 to 2025 (in billion U.S. dollars) Growth of AI investment globally 2015-2025 (in billion U.S. dollars)

10. AI integration everywhere CHAPTER 02

11. Description: According to Next Move Strategy Consulting the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars. The AI market covers a vast number of industries. Everything from supply chains, marketing, product making, research, analysis, and more are fields that will in some aspect adopt artificial intelligence within their business structures. [...] Read more Note(s): Worldwide; *Forecast Read more Source(s): Next Move Strategy Consulting 10 Artificial intelligence (AI) market size worldwide in 2021 with a forecast until 2030 (in million U.S. dollars) Global artificial intelligence market size 2021-2030

12. Description: The generative artificial intelligence (AI) market is expected to rise significantly, from 14 billion U.S. dollars in 2020 to nearly 900 billion U.S. dollars in 2023 and more than 1.3 trillion U.S. dollars in 2032. This is due to an explosion of generative AI tools in recent years such as Bard by Google, ChatGPT by OpenAI, and Midjourney by Midjourney, Inc. Read more Note(s): Worldwide; 2023; *Forecast Read more Source(s): Bloomberg 11 Generative artificial intelligence (AI) revenue worldwide from 2020 with forecast until 2032 (in billion U.S. dollars) Worldwide generative AI revenue 2020-2032

13. Description: Artificial intelligence (AI) was identified as one of the most important technologies for businesses in helping to achieve short-term ambitions per a 2023 survey. This follows a global trend of recognizing the importance of AI, particularly with the explosion in generative AI from early 2023. Other notable technologies referenced by businesses include edge computing, robotics, automation. Read more Note(s): Worldwide; 2023; 2,100 respondents; executives from 16 countries Source(s): KPMG International 12 Of the following technologies, which do you think will be the most important in helping your business achieve its short-term ambitions (over the next 0-3 years)? Most important technologies for businesses short-term ambitions as of 2023

14. Description: A majority of executives responded that high-end technologies used in their respective enterprises' digital transformation had had a positive impact over the past 24 months per a 2023 survey. The largest share of respondents said that data and analytics had the most positive effect and increased profits or performance. Read more Note(s): Worldwide; 2023; 2,100 respondents; executives from 16 countries Source(s): KPMG International 13 Over the past 24 months, have your digital transformation efforts with the following technologies positively impacted profitability or performance? Positive impact of new technology on business performance as of 2023, by technology

15. Description: Valuations for AI startups backed by funding from venture capitalists were higher than non-AI startups in 2023. At seed level, AI startups commanded valuations 20 percent higher than other companies raising funding, while AI startups raising Series B funding observed valuations that were nearly 60 percent higher. Read more Note(s): Worldwide; 2023 Source(s): CB Insights 14 Median valuations for artificial intelligence (AI) and non-AI startups worldwide in 2023, by stage (in million U.S. dollars) Median valuations for AI and non-AI startups worldwide 2023, by stage

16. The rise of managed service providers CHAPTER 03

17. Description: Pioneers in AI, those that adopted it earlier than other companies, were more likely to utilize all professional services than those companies classed as explorers in 2023. By contrast, the least used deployement location for both AI pioneers and AI explorers was IoT device/ gateway. Read more Note(s): Worldwide; 2023; 1,516 respondents Source(s): S&P Global Market Intelligence; WEKA 16 Artificial intelligence (AI) deployment locations when training in enterprises globally in 2023, by adoption level Deployment location of AI when training in enterprises globally 2023, by adoption

18. Description: In 2023, the software as a service (SaaS) market is estimated to be worth approximately 197 billion U.S. dollars and estimated to reach 232 billion U.S. dollars by 2024. SaaS applications are run in the cloud and usually accessible through desktops and mobile applications, as well as through a web interface. Read more Note(s): Worldwide; 2015 to 2024; * Forecast. Read more Source(s): Gartner 17 Public cloud application services/software as a service (SaaS) end-user spending worldwide from 2015 to 2024 (in billion U.S. dollars) Global public cloud application services (SaaS) market size 2015-2024

19. Description: In 2024, the platform as a service (PaaS) market is estimated to be worth over 176 billion U.S. dollars. PaaS is a type of cloud computing offered by service providers to customers. PaaS is a complete development and deployment environment in the cloud. The customer only purchases the resources needed, and the provider manages and maintains everything except for the applications and services which the customer develops. Read more Note(s): Worldwide; 2015 to 2023; * Forecast Read more Source(s): Gartner 18 Public cloud platform as a service (PaaS) end-user spending worldwide from 2015 to 2024 (in billion U.S. dollars) Public cloud application infrastructure services market 2015-2024

20. Description: In 2023, the Infrastructure as a Service (IaaS) market is expected to be worth around 150 billion U.S. dollars. IaaS is a computing infrastructure that is provisioned and managed over the internet by a cloud provider. IaaS delivers fundamental network, compute, and storage resources to customers on demand. This model reduces the need for an owned infrastructure that is difficult and expensive to maintain. Read more Note(s): Worldwide; 2015 to 2023; *Forecast Read more Source(s): Gartner 19 Public cloud infrastructure as a service (IaaS) end-user spending worldwide from 2015 to 2024 (in billion U.S. dollars) Global public cloud infrastructure as a service market size 2015-2024

21. Description: The global managed services market was valued at nearly 279 billion U.S. dollars in 2022. The largest market is North America, while the fastest growing market is Asia Pacific. Overall, the global managed services market is expected to exceed 500 billion U.S. dollars in 2028. Read more Note(s): Worldwide; 2022 Source(s): Market.us 20 Size of the managed service market worldwide in 2023 with forecast to 2032 (in billion U.S. dollars) Managed services market size forecast worldwide 2023-2032

22. AI chips: Powering the revolution CHAPTER 04

23. Description: In 2022, the artificial intelligence (AI) chip market reached 44.2 billion U.S. dollars. This figure is forecast to increase to 53.5 billion dollars by the end of 2023 as the hype around AI applications continues to grow, with longer forecasts suggesting the market will approach 120 billion U.S. dollars in 2027. Read more Note(s): Worldwide; 2022 to 2023; * Forecast. Read more Source(s): Gartner 22 Artificial intelligence (AI) chip market revenue from 2022 to 2027 (in billion U.S. dollars) AI chip market revenue 2022-2027

24. Description: By 2025, one of the leading end markets within the global semiconductor industry is expected to be smartphones, particularly the continued development of image sensors and edge artificial intelligence (AI) processors in such devices. In 2023, the smartphone semiconductor market was valued at 104 billion U.S. dollars, with projections suggesting this is likely to rise to 146 billion U.S. dollars by 2025. Read more Note(s): Worldwide; 2020 to 2023; * Forecast. The source calculated the semiconductor market size by application based on industry based on external research of market outlook. Read more Source(s): ASML 23 Semiconductor market revenue worldwide from 2020 to 2025, by end market (in billion U.S. dollars) Semiconductor market revenue worldwide 2020-2025, by end market

25. Description: In 2023, spending on data center systems is expected to amount to 217 billion U.S. dollars, a slight decrease of around 1.5 percent compared to the previous year. The overall IT market experienced a recession in 2020, due to the negative economic impact brought about by the coronavirus (COVID-19) pandemic, but is almost back to the same levels as in 2019. Read more Note(s): Worldwide; 2012 to 2023; *Forecast Read more Source(s): Gartner 24 Information technology (IT) spending on data center systems worldwide from 2012 to 2024 (in billion U.S. dollars) IT data center systems total spending worldwide 2012-2024

26. Description: As of March 18, 2024, Nvidia ranked as one of the leading semiconductor companies in terms of market capitalization, followed by the likes of TSMC, Broadcom, and ASML. This mix of companies reflects the broad and complex nature of the semiconductor industry, with firms featuring from across all parts of the chip ecosystem. Read more Note(s): Worldwide; March 2024 Source(s): CompaniesMarketCap.com Market capitalization in billion U.S. dollars 25 Leading semiconductor companies worldwide in 2024, by market capitalization (in billion U.S. dollars) Leading semiconductor companies worldwide 2024, by market cap

27. Description: In the fourth quarter of Nvidia's 2024 fiscal year, revenue from data centers amounted to 18.4 billion U.S. dollars, a dramatic increase from the 3.6 billion U.S. dollars the company generated in this segment in the same quarter of last year. Nvidia`s technologies are being deployed for accelerated computing and generative AI applications, notably ChatGPT. Read more Note(s): Worldwide; FY2019 to 2024 Source(s): Nvidia 26 Nvidia specialized market revenue worldwide from fiscal year 2019 to 2024, by quarter (in million U.S. dollars) Nvidia specialized market revenue worldwide FY2019-2024, by quarter

28. AI in cybersecurity CHAPTER 05

29. Description: Cybersecurity remains the primary target of mitigation for organizations adopting artificial intelligence (AI) within their business in 2022. Over half the businesses surveyed responded that they were taking steps to mitigate cybersecurity risks. This is likely because the recent nature of AI along with a desire to keep enterprise interests secret means businesses keep a close eye on the risk of adopting new programs. Political stability and national security were the least of business concern, with [...] Read more Note(s): Worldwide; 2022 Source(s): McKinsey & Company; Stanford University Share of respondents 28 Global risks being mitigated by organizations when adopting artificial intelligence (AI) in 2022 Risks from AI that organizations are mitigating worldwide 2022

30. Description: In 2023, when asked about the main skills gaps within their organization's cybersecurity team, 35 percent of respondents highlighted cloud computing security. Artificial intelligence and machine learning ranked second, mentioned by 32 percent of respondents. Zero Trust implementation followed, with 29 percent of respondents considering it to be the biggest skills gap in their cybersecurity team. Read more Note(s): Worldwide; April to May, 2023; 11,473 respondents; global cybersecurity professionals Source(s): ISC2 Share of respondents 29 Leading skills gaps among cybersecurity teams worldwide in 2023 Main skills gaps among cybersecurity teams worldwide 2023

31. Description: According to a 2023 survey of cybersecurity professionals, nearly 60 percent of respondents worldwide considered improved threat detection as the most significant benefit of incorporating artificial intelligence into their cybersecurity operations. Improved vulnerability management ranked second, according to 57 percent of respondents. Overall, over one-third of respondents saw the automation applications of AI as a way to ease talent shortage issues in cybersecurity operations. Read more Note(s): Worldwide; September 2023; 457 respondents; cybersecurity professionals across multiple industries Source(s): Arista Networks; Cybersecurity Insiders; Enea; Zscaler Share of respondents 30 What do you see as the most significant benefits of incorporating AI into your cybersecurity operations? Main benefits of incorporating AI into cybersecurity operations 2023

32. Description: According to a 2023 survey of cybersecurity professionals, approximately half of respondents worldwide considered deep learning the most promising emerging artificial intelligence (AI) or machine learning technique for enhancing cybersecurity defenses, particularly for detecting malware in encrypted traffic. Natural language processing for advanced phishing detection ranked second, according to 30 percent of respondents. Overall, nearly 20 percent of respondents saw quantum [...] Read more Note(s): Worldwide; September 2023; 457 respondents; cybersecurity professionals across multiple industries Source(s): Arista Networks; Cybersecurity Insiders; Enea; Zscaler Share of respondents 31 Which emerging AI and ML techniques hold the most promise for enhancing cybersecurity defenses? Most promising emerging AI and ML techniques for enhancing cybersecurity 2023

33. Description: According to a 2023 survey of cybersecurity professionals, over 45 percent of respondents worldwide considered data privacy and security as the biggest concern about incorporating artificial intelligence (AI) into their cybersecurity operations. AI effectiveness ranked second, according to 43 percent of respondents. Overall, 40 percent of respondents saw lack of skills or expertise as the main challenge associated with integrating AI into cybersecurity operations. Read more Note(s): Worldwide; September 2023; 457 respondents; cybersecurity professionals across multiple industries Source(s): Arista Networks; Cybersecurity Insiders; Enea; Zscaler Share of respondents 32 What are your top concerns about integrating AI into your cybersecurity operations? Main concerns about incorporating AI into cybersecurity operations 2023

34. AI in programming and development CHAPTER 06

35. Description: In 2023, AI tools were used daily by IT professionals across various fields. In that year, over 56 percent of machine learning engineers globally reported using these tools every day, while data scientists followed closely, with around 45 percent stating daily usage. Back-end developers and full-stack developers reported slightly lower usage, with 35.4 percent and 34.7 percent respectively stating that they use AI tools daily. Read more Note(s): Worldwide; June 3 to 22, 2023; 3,240 respondents Source(s): Zero To Mastery Share of respondents 34 Percentage of technology professionals who use artificial intelligence (AI) tools daily worldwide in 2023, by profession Share of IT professionals who use AI tools daily worldwide 2023, by profession

36. Description: Artificial intelligence (AI) has gained significant traction in the global programming community with the release of numerous development tools. In 2023, OpenAI`s products topped the list of the most used tools by technology professionals worldwide. Nearly 75 percent of these professionals reported using ChatGPT, including versions 3.5 and 4, while over 58 percent specifically reported using ChatGPT 3.5. Microsoft wasn`t far behind with its AI coding products. Visual Studio IntelliCode was [...] Read more Note(s): Worldwide; June 3 to 22, 2023; 3,240 respondents; IT professionals include web designers, machine learning engineers, data scientists, front-end developers, back-end developers, and full-stack developers Source(s): Zero To Mastery Share of respondents 35 Most popular artificial intelligence (AI) tools among technology professionals worldwide in 2023 Most popular AI tools among IT professionals worldwide 2023

37. Description: According to the 2023 Stack Overflow Developer Survey, around 83 percent of developers reported that they were currently using AI tools for writing code. Debugging and getting help was the second most popular use for AI tools among developers with around 49 percent of developers currently using it as of 2023. Read more Note(s): Worldwide; May 8 to 19, 2023; 37,726 respondents; Software developers Source(s): Stack Overflow Share of respondents 36 Most popular uses of AI in the development workflow among developers worldwide as of 2023 Most popular uses of AI in the development workflow globally 2023

38. Description: According to the 2023 Stack Overflow developer survey, around 32.8 percent of developers reported that the most important benefit of using artificial intelligence (AI) tools in their development workflow was increased productivity. Approximately 25.2 percent and 25 percent reported that the most significant advantages of AI tools were accelerated learning and greater efficiency, respectively. Interestingly, only around 13.3 percent reported that AI tools improved accuracy in coding. Read more Note(s): Worldwide; May 8 to 19, 2023; 38,594 respondents; Software developers Source(s): Stack Overflow Share of respondents 37 Benefits of using artificial intelligence (AI) in the development workflow according to developers worldwide as of 2023 Benefits of using AI in the development workflow globally 2023

39. Description: In the 2023 Stack Overflow developer survey, a split was observed in software programmers` trust in the accuracy of the output from artificial intelligence (AI) tools. In that year, over 42 percent of programmers reported that they either highly or somewhat trust the output from these tools in their development workflow. Meanwhile, over 30 percent of developers were neutral, stating that they neither trust nor distrust the output from AI tools. Interestingly, only around 27.2 percent [...] Read more Note(s): Worldwide; May 8 to 19, 2023; 38,594 respondents; Software developers Source(s): Stack Overflow Share of respondents 38 Accuracy of artificial intelligence (AI) tools in the development workflow according to developers worldwide as of 2023 Accuracy of AI tools in the development workflow globally 2023

40. Edge data centers: Facilitating digital connections CHAPTER 07

41. Description: The worldwide edge computing market is projected to reach 317 billion U.S. dollars by 2026. Edge computing is the delivering of storage, computing, and network capabilities to the local points of a network, through which less latency, reduced cost, and greater performance are obtained. Read more Note(s): Worldwide; 2019 to 2023; *Forecast The 2019 and 2020 figures are calculated by Statista based initial figures provided by the source. Read more Source(s): IDC; Statista 40 Edge computing market revenue worldwide from 2019 to 2026 (in billion U.S. dollars) Edge computing market value worldwide 2019-2026

42. Description: The number of Internet of Things (IoT) devices worldwide is forecast to almost double from 15.1 billion in 2020 to more than 29 billion IoT devices in 2030. In 2030, the highest number of IoT devices will be found in China with around 8 billion consumer devices. Read more Note(s): Worldwide; 2019 to 2023; *Forecast IoT connections are defined as connections to remote sensing and actual devices. This includes associated aggregation devices such as hub devices. Read more Source(s): Exploding Topics; Transforma Insights 41 Number of Internet of Things (IoT) connected devices worldwide from 2019 to 2023, with forecasts from 2022 to 2030 (in billions) Number of IoT connected devices worldwide 2019-2023, with forecasts to 2030

43. Description: According to a 2023 survey, the need for low latency and high bandwidth was the leading factor driving edge data center deployments. Edge data centers can offer these benefits by being located close to end users. Read more Note(s): Worldwide; data center professionals Source(s): DatacenterDynamics 42 What are the key drivers for deploying edge data centers? Key drivers for deploying edge data centers worldwide 2023

44. Description: Around 30 percent of data center professionals responding to a 2023 survey said that sustainability concerns had impacted their decision-making around edge deployments to a large extent. Edge data centers are generally small in scale, making it difficult for operators to match the sustainability metrics achieved by large-scale facilities. Read more Note(s): Worldwide; data center professionals Source(s): DatacenterDynamics 43 To what extent have concerns around sustainability impacted your decision-making around edge deployments? Impact of sustainability concerns in deploying edge data centers worldwide 2023

45. Description: When asked what edge computing types they were planning to connect in the next three years, more than 65 percent of respondents mentioned industrial Internet of Things (IIoT) or operational technology (OT) environment. Cloud computing as-a-service options such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) ranked second, with over 60 percent of respondents planning to connect these types of edge computing in the next three years. Read more Note(s): Worldwide; July and August 2022; 1,418 respondents; security practicioners whose organizations have implement edge use cases using newer technologies such as 5G, robotics, VR, and/or IoT devices Source(s): AT&T Share of respondents 44 What edge computing types are you planning to connect in the next three years? Most anticipated connections between edge computing types 2023

46. Foldables and AI smartphones CHAPTER 08

47. Description: The number of foldable smartphone unit shipments is forecast to increase between 2023 and 2027. By the end of 2023, over 18 million foldable were expected to be shipped, with this number expected to grow by 38 percent in 2024. Read more Note(s): Worldwide; 2023; *Data for 2022 was calculated by Statista based on the YoY growth rate provided by the source. Read more Source(s): Statista; TrendForce 46 Unit shipments of foldable smartphones worldwide from 2022 to 2027 (in millions) Foldable smartphone unit shipments worldwide 2022-2027

48. Description: In 2023, Samsung was the leading foldable smartphone vendor, shipping around 12.5 million units and holding 68 percent of the market. Huawei ranked second, with shipments amounting to roughly 2.5 million. Oppo and Xiaomi shipped lower numbers. Read more Note(s): Worldwide; 2023 Source(s): Statista; TrendForce 47 Unit shipments of foldable smartphones worldwide in 2023, by vendor (in millions) Foldable smartphone unit shipments worldwide 2023, by vendor

49. Description: As of 2023, Samsung was the leading foldable smartphone vendor, with a market share of almost 70 percent. Chinese manufacturers also play a role in the foldable market, with Huawei holding 14 percent of the market, and Oppo and Xiaomi lower shares. Read more Note(s): Worldwide; 2023 Source(s): TrendForce 48 Market share of leading foldable smartphone vendors worldwide in 2023 Foldable smartphone market share worldwide 2023, by vendor

50. Description: During a 2023 survey conducted in the United States, China, and South Korea, it was found that 55 percent of smartphone users were willing to buy a foldable smartphone as their next device. By contrast, only 28 percent of interviewees claimed the opposite. Read more Note(s): China, South Korea, United States; 2015 to 2023; 1,000 respondents Source(s): Counterpoint Research 49 Share of smartphone users willing to purchase a foldable smartphone as next device in the U.S., China, and South Korea in 2023 Smartphone users willing to purchase a foldable worldwide 2023

51. Description: According to a survey conducted in 2023, cheaper prices were the main reason why consumers would buy a foldable smartphone. Furthermore, 15 percent of respondents stated that a more durable screen and no display crease would play a role in the choice of purchasing such phones. Read more Note(s): Worldwide; 2023; 813 respondents Source(s): Android Authority 50 What would make you buy a foldable phone? Reasons to buy a foldable smartphone worldwide 2023

52. Sources 51 Aberdeen Group Android Authority Arista Networks ASML AT&T Bloomberg CB Insights CompaniesMarketCap.com Counterpoint Research Cybersecurity Insiders DatacenterDynamics Enea Exploding Topics Gartner Goldman Sachs IDC ISC2 KPMG International Market.us McKinsey & Company Next Move Strategy Consulting Nvidia S&P Global Market Intelligence Spiceworks Stack Overflow Stanford University Statista SWZD Transforma Insights TrendForce WEKA Zero To Mastery Zscaler