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Forecast: China's ICT Market to Surpass $751.7 Billion by 2028, with a 6.5% CAGR over Five Years
2025-02-25 /
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Author：小编
According to IDC, the global ICT market is poised to attain an investment scale of nearly $5.3 trillion by 2024, anticipated to escalate further to $6.9 trillion by 2028, marking a five-year compound annual growth rate (CAGR) of 7%. Concurrently, IDC forecasts that China's ICT market will hit $751.76 billion by 2028, showcasing a five-year CAGR of 6.5%. Driven by policy incentives and the emergence of innovative technology products, the consumer segment is on the mend, with a rising demand for smart terminals evident in the market.
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