Worldwide information and communications technology (ICT) spending, stands for "Information and Communication Technologies." ICT refers to technologies that provide access to information through telecommunications. It is similar to Information Technology (IT), but focuses primarily on communication technologies. This includes the Internet, wireless networks, cell phones, and other communication mediums.
Over the years, enterprises worldwide have become increasingly dependent on technology and the Internet for their day-to-day operations. This trend is expected to intensify, leading to the role of IT departments becoming vital and contributing directly to the organization's agenda. The capital market ICT spending crunch is slowly ending after the cataclysmic financial recession of 2008. It is predicted that ICT spending in financial markets will grow because they are moving from a silo-based trading platform toward a centralized banking system, which would improve and integrate the system. The lending and transactional divisions of capital markets, consisting of retail and institutional investment entities, are investing in financial systems to improve liquidity management to raise IT spending.

Market Analysis and Insights: Global Capital ICT Spending Market
The global Capital ICT Spending market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Capital ICT Spending market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Capital ICT Spending market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Capital ICT Spending market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Capital ICT Spending market.

Global Capital ICT Spending Scope and Market Size
Capital ICT Spending market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Capital ICT Spending market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Internet of Things (IoT) Solutions
Robots and Drones
Augmented Reality and Virtual Reality (AR/VR) Headsets
3D Printers
Artificial Intelligence (AI)
Others

Segment by Application
Hardware
Software
IT and Communication Services

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Cognizant
Dimension Data Holdings
Fujitsu
HP
IBM