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Update on IDC's New Industry Taxonomy and Transition Plan

Publisher IDC
Published Mar 28, 2025
Length 20 Pages
SKU # IDC19884622

Description

This IDC Market Perspective provides a detailed description of IDC's new worldwide industry taxonomy. It should be viewed as a guide to help navigate the transition from the old taxonomy to the new framework. Technology suppliers may utilize this approach and structure as inspiration as they evaluate their own industry strategy and organization."The development of a new industry taxonomy was not taken lightly or completed in isolation," said Serena Da Rold, director, IDC's Data and Analytics. "IDC spent a year researching existing industry taxonomies. In this time, we conducted a study of economic standards, client inquiries, tech vendor industry taxonomies, and competitive taxonomies."Group Vice President Eileen Smith added, "The conclusion was that a restructuring of the industry segmentation within IDC's taxonomy was necessary to keep clients informed to the degree expected in the modern world. With more thoughtful categorization and granular segmentation, IDC data users are better equipped to identify, analyze, validate, and action questions and insights specific to the industries they serve."

Table of Contents

20 Pages

Executive Snapshot

New Market Developments and Dynamics

Definitions

Relationship to the Prior Framework

New Industry Selection Process

Future Outlook

Transition Plan

Channel Partner Ecosystem and Partner Recommendation

Services Contracts Database

Worldwide Digital Transformation Spending Guide

Worldwide Wallet and Spend by Tech Provider

Advice for the Technology Supplier

Learn More

Related Research

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