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Consumers Spending on ICT Market to Hit $4 Trillion in 2018 – IDC

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Worldwide Semiannual IT Spending Guide said that worldwide spending on information and communications technology (ICT) will be nearly $4.0 trillion in 2018, according to new data from the Industry and Company Size from International Data Corporation (IDC).

 

The explosive growth of smartphones in recent years means that consumer spending will account for the largest proportion of that total, but growth will be driven by enterprise spending on cloud, software and infrastructure related to 3rd Platform solutions.

 

The consumer market will account for more than $1.5 trillion in ICT spending in 2018 and will deliver more than one third of all worldwide spending throughout the forecast.

 

Consumer spending will also experience the slowest growth over the forecast period with a CAGR of 1.2%.

 

Roughly 80% of consumer spending will go to devices and mobile telecom services.

 

Banking, discrete manufacturing, telecommunications, and professional services will be the four largest industries for ICT spending in 2018 at more than $900 billion combined.

 

While all four industries will invest heavily in applications, infrastructure, outsourcing, and telecom services, spending levels will vary depending on industry needs.

 

For example, banking will invest the most in IT outsourcing and project-oriented outsourcing ($115 billion combined) while telecommunications spending will be led by infrastructure purchases ($85 billion).

 

Professional services and banking will experience the fastest growth in ICT spending with five-year CAGRs or 5.9% and 5.2%, respectively.

 

The United States will see $1.3 trillion in ICT spending in 2018 making it the largest geographic market this year and throughout the forecast with spending expected to grow at a CAGR of 3.6%.

 

China will be the second largest market for ICT spending at $499 billion this year with solid growth (5.2% CAGR) forecast through 2021.

 

Japan, the UK, and Germany will round out the top five countries for ICT spending in 2018.

 

The countries that will experience the fastest ICT spending growth over the 2016-2021 forecast period are the Philippines (7.5% CAGR), India (7.0% CAGR), and Peru (6.7% CAGR).

 

Jessica Goepfert, program director, Customer Insights & Analysis, said “The growth of technology spending in the U.S. professional services industry is propelled by the tech-savvy firms that comprise it. Think Facebook, Google, Microsoft, and Uber, to name a few.

 

“These companies wholeheartedly embrace technology as a key enabler to their business strategies and service offerings, and are often the first to test drive new innovations as they strive to stay ahead of the rapidly evolving technology market.

 

“Meanwhile, banks and retailers share the common desire to deliver a delightful, cohesive, channel-agnostic customer experience.

 

“These initiatives are enabled by technology investments to help organizations unite their physical and online worlds.”

 

In terms of company size, the small office category (businesses with 1-9 employees) will account for 7% all ICT spending throughout the forecast period.

 

Most of this spending (around $100 billion per year) will go toward fixed and mobile telecom services, while devices will also be a significant spending category.

 

On the other end of the spectrum, very large businesses (more than 1,000 employees) will account for more than 50% of all ICT spending throughout the forecast.

 

These businesses will focus the majority of their spending on IT outsourcing, project-oriented outsourcing, applications, and infrastructure as they pursue their digital transformation strategy.

The spending patterns for small businesses (10-99 employees) will closely resemble those of the small office category with slightly more spending going toward applications and outsourcing.

 

Medium (100-499 employees) and large (500-999 employees) businesses will experience more balanced spending across all technology categories.

 

Spending on information technology (IT) will reach $2.16 trillion this year, led by business and consumer spending on devices, applications, IT outsourcing, and project-oriented outsourcing, including application development and system and network implementation.

 

In addition, more than $300 billion will be spent on business process outsourcing and business consulting services this year.

 

Telecommunications spending is forecast to be $1.5 trillion this year with 95% of the total going to fixed and mobile telecom services.

 

Mobile phones will be the largest segment of technology spending at nearly $500 billion in 2018, followed by mobile data and mobile voice at more than $400 billion each.

 

Stephen Minton, research vice president, Customer Insights & Analysis.said “Spending for telecom services is largely dominated by consumers, but some industries have emerged as rapid adopters of fixed and mobile data services over the past few years.

“In Asia, special projects and initiatives have helped to boost fixed broadband adoption in the education sector.

 

“In the U.S., the healthcare industry is a major source of fixed-line telecom spending, while transportation firms in Canada and Japan have invested aggressively in mobile broadband solutions.

 

“Meanwhile, consumers in many emerging markets continue to leapfrog fixed broadband and go straight to mobile data services, which is changing the entire landscape for how to connect with end-users in these countries.”

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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NCC Expands IPv6 Board with the Appointment of Olusola Teniola, Funke Opeke Others

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Olusola Teniola, ipNX Director has been named to the newly inaugurated IPv6 Council Board by the Nigerian Communications Commission (NCC), as part of a broader industry effort to accelerate Nigeria’s transition to Internet Protocol version 6 (IPv6).

The inauguration, which took place in Ikeja, Lagos, underscores the Commission’s renewed commitment to accelerating Nigeria’s transition to Internet Protocol version 6 (IPv6), a critical enabler of the country’s digital future.

Mr. Teniola joins a distinguished group of industry leaders, including Funke Opeke, Muhammed Rudman (Chairman), Chris Uwaje (Vice Chairman), Mary Uduma, Gbenga Adebayo, Lanre Ajayi, and Latif Ladid, alongside representatives from key regulatory and government institutions.

Speaking on his appointment, Teniola expressed appreciation to the NCC for the opportunity to serve and reiterated the importance of collaborative action in driving Nigeria’s digital transformation.

“The transition to IPv6 is no longer a future consideration; it is an immediate priority for Nigeria’s digital economy. As data consumption grows and emerging technologies such as 5G, IoT, and AI become more pervasive, we must ensure that our underlying infrastructure is scalable, secure, and globally competitive,” he said.

He further emphasized that achieving meaningful IPv6 adoption will require strong alignment across stakeholders, including telecom operators, internet service providers, enterprises, academia, and government.

“This is a collective responsibility. We must invest in capacity building, drive awareness, and create the right policy and regulatory environment to accelerate adoption. Nigeria cannot afford to lag behind in an increasingly connected world.”

The IPv6 Council Board has been tasked with developing and overseeing the implementation of a national IPv6 strategy, monitoring progress, and providing periodic updates on adoption levels across the country. The Council will also play a key role in addressing infrastructure challenges, strengthening technical expertise, and recommending policy incentives to support nationwide deployment.

Teniola’s appointment reflects ipNX’s continued commitment to shaping Nigeria’s digital ecosystem and advancing the development of resilient, future-ready network infrastructure across the country.


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QNET, Manchester City Host Football Clinic for Young Talents in Ghana

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In a transformative initiative focused on youth empowerment, talent development and community impact, QNET, an international wellness and lifestyle company and a decade-long Official Direct Selling Partner of Manchester City , has successfully hosted an elite football clinic in Accra for 25 promising young Ghanaian footballers aged 7 to 11.

QNET, Manchester City Host Football Clinic for Young Talents in Ghana

QNET

Delivered by official Manchester City coaches from 21 to 24 May 2026, the football clinic brought together talented young boys and girls from different communities across Ghana at AIS School Park, East Legon, for a unique opportunity to receive world-class football coaching, mentorship and life-skills training inspired by one of the world’s leading football clubs.

For many of the participants, the experience represented more than football. It was an opportunity to dream bigger, build confidence and believe that through hard work, discipline and determination, young Ghanaians can achieve their full potential both on and off the pitch.

Football holds a special place in Ghanaian culture and identity, inspiring generations of young people across the country. Through this initiative, QNET and Manchester City Football Club aimed to contribute meaningfully to the future of youth development in Ghana by creating an inclusive platform where children can learn, grow and thrive regardless of their background.

Trevor Kuna, Chief of Network Development at QNET said, “Football does something that few things can — it cuts across language, background and circumstance and gives young people a common language of ambition. When you watch these children on the pitch, you see not just their talent but their hunger to grow, to prove themselves, to be seen. At QNET, we believe that hunger deserves to be met with opportunity, and that is exactly what this clinic is about.”

The clinic focused not only on football skills and tactical development, but also on teamwork, leadership, discipline, perseverance and self-belief, values that are essential both in sport and in life.

Cherif Abdoulaye, QNET’s Deputy Regional General Manager for Sub-Saharan Africa, said,“,“When QNET took this initiative to Nigeria in 2023, we saw first-hand what happens when young people are given access to world-class coaching in their own communities — it shifts something in how they see themselves and what they believe is possible. Bringing it to Ghana felt like the natural next step. Ghana has a football culture that runs deep, and a new generation ready to carry it forward. We are proud that QNET and Manchester City can be part of that story.”

Philipa Harrison, Partnerships Marketing Manager for City Football Group’s MENA region, said “Over the past few days, we have witnessed tremendous passion, energy and commitment from these young players. This football clinic is about helping young people develop their abilities, enjoy the game and believe in what they can achieve in the future. We are proud to partner with QNET to bring this experience to young players in Ghana.”

For more than 10 years, QNET has been the Official Direct Selling Partner of Manchester City Football Club. QNET has also maintained a longstanding partnership with the Confederation of African Football (CAF), supporting major African interclub competitions including the TotalEnergies CAF Champions League and CAF Confederation Cup.

These partnerships reflect QNET’s broader commitment to youth empowerment, community engagement, and the development of sports across Africa.

Beyond its sports and community initiatives, QNET continues to champion ethical business practices, transparency and public education across its markets while working closely with stakeholders and authorities to address the misuse of its brand by unauthorised individuals.


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Telcos Mull Calculator to Address Data Depletion Complaints

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Mobile Network Operators (MNOs) may introduce  data calculator to enable users to measure their data usage and address complaints of rapid data depletion.

Telcos Mull Calculator to Address Data Depletion Complaints

Data depletion is the rapid exhaustion of your internet data bundle before its expected expiration.

The data calculator is a tool that will show subscribers how their data is used daily.

Telecom operators, largely the MNOs, are already providing subscribers a daily report of data used the previous day, as part of directives from the Nigerian Communications Commission (NCC) to drive transparency.

According to a report by Nairametrics, an industry source confirmed the new measure, noting that subscriber complaints over data depletion have now become a major concern in the industry, as it undermines trust.

“An average subscriber believes their service provider steals their data once their data is exhausted before time or depletes faster than they expected, which is not true.

“Over the years, we have tried to enlighten subscribers on factors that could lead to the fast depletion of their data, which include smartphone functionality, among others.

“And now, we are looking at tools that could show the subscribers not just what they have used, but also how they have used it to further promote transparency,” the source said.

According to the source, operators are also intensifying their sensitisation campaigns to help subscribers understand why their data can run out quickly.

Recall that NCC carried out an audit about 24 months ago across the mobile networks and found out that there was “no major” issue of data depletion, contrary to claims and complaints by subscribers.

Findings showed that the major issue still concerns the types of mobile phones and the activities users perform on them.


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