The Biggest Growth Drivers in the Tech Industry

Over the past few years, the rise of mobile devices and the changes in media consumption that came along with it have arguably been the biggest trend in the tech world. And, at least according to leading figures from U.S. tech companies, that trend isn't over yet. When asked what they expect to be the biggest drivers of their companies' revenue growth over the next 24 months, mobile (including apps and hardware) was the top answer among the 111 tech executives surveyed by KPMG. Other growth opportunities include healthcare IT, Big Data and cloud storage, as our chart of the day illustrates.

Description

This chart shows the biggest expected revenue growth drivers in the tech industry over the next 24 months.

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Year-over-year revenue growth of Amazon and eBay 2006-2023
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Revenue growth rate of Revolut 2016-2022
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LVMH Group: Watches & jewelry revenue growth Q1 2023 - Q4 2023
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LVMH Group: Selective retailing segment revenue growth Q1 2023 - Q4 2023
Comparable revenue growth of Williams-Sonoma worldwide 2009-2023, by brand
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LVMH Group: organic revenue growth Q1 2023 - Q4 2023

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