IDC FutureScape: Worldwide Digital Transformation 2022 Predictions

IDC FutureScape Figure

• Figure: IDC FutureScape: Worldwide Digital Transformation 2022 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

• Summary of External Drivers

• Predictions: Impact on Technology Buyers

• Prediction 1: Direct Digital Transformation Investments Will Accelerate to a CAGR of 16.5% for 2022-2024, Up from a CAGR of 15.4% for 2019-2024, Making Up 55% of All ICT Investment by the End of 2024

• Associated Drivers

• IT Impact

• Guidance

• Prediction 2: Responding to the Pandemic, Organizations Accelerated Their Investments in Digital; This Means That in 2022, More than Half of the Global Economy Will Be Based on or Influenced by Digital

• Associated Drivers

• IT Impact

• Guidance

• Prediction 3: By 2023, 90% of Worldwide Organizations Will Prioritize Investments in Digital Tools to Augment Physical Spaces and Assets with Digital Experiences

• Associated Drivers

• IT Impact

• Guidance

• Prediction 4: By 2025, 60% of Organizations Will Capitalize on Disruption with an Enterprisewide and Ecosystemwide Approach to Automation, Leveraging Model-Based Enterprise Concepts, COEs, and Low/No-Code Platforms

• Associated Drivers

• IT Impact

• Guidance

• Prediction 5: By 2026, 54% of CIOs Will Drive Business Transformation, Empowering Digitally Resilient Organizations Via Strategic Technology Road Maps and Replatforming, Enabling an Agile, Data-Driven, Workforce

• Associated Drivers

• IT Impact

• Guidance

• Prediction 6: Leveraging Low-Code/No-Code Tool and Data Utilization Capability, the Majority of Employees at 60% of Enterprises Will Lead Transformation and Embody Digital Resiliency at Their Roles by 2024

• Associated Drivers

• IT Impact

• Guidance

• Prediction 7: By 2022, 55% of Organizations Will Have Expanded Resiliency Plans to Future Proof Their Business, Improving Profitability, Innovation Rate, and Cost Efficiencies by More than 20% Compared with Peers

• Associated Drivers

• IT Impact

• Guidance

• Prediction 8: By 2023, One in Two Companies Will Generate More than 40% of Their Revenue from Digital Products and Services, as Compared with One in Three Companies in 2020

• Associated Drivers

• IT Impact

• Guidance

• Prediction 9: By 2025, Companies with Cross-Functional Leadership, a Digital Dream Team, Will Enjoy Faster Rates of Innovation, Higher Market Share Gains, and Greater Operational Efficiencies than Their Contemporaries

• Associated Drivers

• IT Impact

• Guidance

• Prediction 10: Decarbonization Initiatives Will Be a Key Goal of Digital Transformations; Fewer than 10% of Organizations Say They Are Not Applicable or Not Implementing Objectives to Reduce Carbon by the End of 2023

• Associated Drivers

• IT Impact

• Guidance

Advice for Technology Buyers

External Drivers: Detail

• Pervasive Disruption Continues — Volatility, Opportunity, and Resilience

• The Future Enterprise — Thriving in a Jungle of Agile Innovation

• Embracing Digital First — New Strategies for Complexity and Ubiquity

• Digital Ecosystem — Thriving in a Multiplatform World

• Globalization 2.0 — Shifting Strategies for Materials, Machines, and Workers

• Environmental and Social Responsibility — A New Stakeholder-Driven Imperative

• Engagement Reimagined — From Responsive to Anticipatory

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• Related Research