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IT market should grow 5.8% in 2020

The IDC Brazil announced on Friday (7) the results of its study on market trends. According to the report, the IT sector should continue to rise 5.8% in 2020, driven by the growth of the cloud and software market. The survey also states that telecommunications should register an increase of 0.7% and corporate IT increase of 7.6% this year.
 
By 2021, IDC predicts that IT investments will increase 10%, mainly in hardware, software and services. In Latin America, software should account for 18% of investments, IT services for 22% and hardware for 60%. The public cloud sector is expected to register growth of 46.7% between 2019 and 2023.
 
For retail, the expectation is that the market for smart products will expand, with a 50% increase in units and 40% in value. Other markets that are expected to grow are wearables, which according to estimates will register a 60% increase in units sold, and connectable home devices, which are expected to grow by 55%.
 
With the arrival of the General Data Protection Law (LGPD) , companies should be responsible for the 9.6% increase in security investments in 2020. “Almost 60% of organizations will have LGPD in their strategic agenda this year and almost 2/3 of the companies will be in the process of adapting throughout the year, ”said Luciano Ramos, research and consultancy manager for the Enterprise segment at IDC Brasil, in a press release. Because of the regulation, 75% of companies must create management positions for the privacy area.
 
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cyber security engineer salary 2020

Reed’s report showed rises throughout the board for all IT-related roles, with technology the fastest-growing sector last yr after a 13.8 according to cent hike in jobs published and a 4.7 consistent with cent growth within the average profits.
 
With the wide variety of records breaches increasing and massive fines levied against corporations who are deemed no longer to have secured their records efficiently enough, call for cyber-security specialists is at an all-time high.
 
The report said the cyber-protection market is “extraordinarily active” and that it’s far now worth £3.5bn and developing – a marked growth from the £2.4bn valuation in 2010.
 
New facts protection regulations and the rising chance of cybercrime particularly have visible rocketing demand for some roles, pushing up salaries in turn.
 
For example, a network protection analyst has seen a 34 consistent with cent upward thrust in average cyber security cyber security engineer salary- up to £63,000 – on account that 2017.
 
Other IT roles that saw extensive earnings hikes over the £40,000 mark consist of an 11.5 consistent with cent increase for infrastructure security engineers and 7.5 in line with cent leap for person interface designers.
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