While 48% of the global population is now online, some 3.9 billion people still do not have access to the Internet ? with the digital gap growing between developed and developing countries.
A regional survey has revealed that Asian companies are moving computing and storage away from the core data center and focusing on ?edge? locations such as banks, retail stores or other branches.
Volumes declined slightly from the prior quarter, but recent price cuts on existing products and announced plans for new products are expected to lay the groundwork for a successful holiday season.
The quarter also marked a turning point in the market as basic wearables (those that do not run third-party apps) declined for the first time with annual growth of -0.9%.
Another finding of the report is that fintech start-ups, while achieving success in terms of changing the basis for competition, have had less impact than expected in disrupting the competitive landscape.
Global sales of smartphones to end-users totaled 366.2 million units in the second quarter of 2017, a 6.7-percent increase over the second quarter of 2016, according to analyst firm Gartner.
The Digital Transformation (DX) initiatives of enterprises, as well as changing patterns of IT procurement and rapidly evolving service delivery models, will drive the Philippines outsourcing market to continue growing, according to IDC.