The world around has turned out to be technology-driven and is at the core of a number of industries depending on technology for functioning smoothly. Apart from just making doing business easy, it also enhances efficiency and productivity. At present, the world can be seen driving toward the digital space owing to the advent of the Internet. In addition, the rising implementation of automation, easy accessibility of connected devices, and access to 4G & 5G network services are all anticipated to boost the IT and Telecommunications industry in the coming period. Also, a range of services is being offered by several industry players to lure and increase their customer base, thus helping the industry bloom.
Furthermore, initiatives and programs, mergers & acquisitions, several strategic plans as well as spending by government and private companies are expected to boost the industry growth. On the other end, raising concerns about data theft and malware attacks are likely to hamper the growth of the industry.
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