By the end of 2024, 75% of organizations will shift from piloting to implementing Artificial Intelligence (AI). This is one of the top 10 data and analytics (D&A) technology trends for 2020 that analysts at Gartner say will help organizations prepare for a post-pandemic reset.
Read MoreOver the past few years, the decentralized cloud market has emerged with the goal to displace public cloud service providers with cheaper, more secure blockchain-based compute and storage alternatives. ABI Research has identified the 15 hot tech innovators in the space that are already kicking up a storm in the cloud space: 0Chain, ælf, Ankr, DFINITY, Ethernity, Edge, Filecoin, iExec, Internxt, Golem, PPIO, Oasis Labs, Sia, Sonm, and Storj.
Read MoreEarly commercial success, mainly across select use cases such as health professional credentialing, medical billing management, personal health records (PHR), and pharma supply chain track-and-trace, will help this market cross $500 million by 2022 at a compound annual growth rate (CARG) of 61.40%. While payback may not be achieved for every dollar invested by 2022, a breakeven stage is expected.
Read MoreSmart City investments can generate a significant return on investment (ROI) for cities, but cyber risks loom large, according to a recent study by ESI ThoughtLab. Preliminary findings from its study of 100 worldwide metro centers found that most cities are seeing major economic, financial, and social benefits from their investments in smart technologies, but also greater cyber-risks, if digital innovation is not managed properly.
Read MoreThe global gaming market is expected to post a compound annual growth rate (CAGR) of over 10% during the period 2019-2023, according to the latest market research report by Technavio. This growth will be driven by a surge in popularity from the so-called “free-to-play”model and driven by integration of blockchain technology.
Read MoreGlobal revenues for blockchain technology are on track to hit almost $10 billion by 2023, finds ABI Research, a global tech market advisory firm. These revenues continue to show strong interest in blockchain application, despite the significant decrease in Initial Coin Offerings (ICOs) in 2018. Investment continues to swell, buoyed primarily by an increase in VC funding, notably in blockchain infrastructure development.
Read MoreWorldwide spending on blockchain solutions is forecast to be nearly $15.9 billion in 2023, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). IDC expects blockchain spending to grow at a robust pace throughout the 2018-2023 forecast period with a five-year compound annual growth rate (CAGR) of 60.2%. Blockchain spending in 2019 is forecast to be $2.7 billion, an increase of 80% over 2018.
Read Morethe number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7 billion in 2019 to over 5 billion in 2024, according to a new report from Juniper Research. Emerging economies in Asia and Africa are some of the biggest markets, as countries leapfrog analogue identities to benefit from the efficiencies digital registration and management bring.
Read MoreTechnologies such as machine learning, Big Data analytics and blockchain will be the cornerstone of fintech platforms. These factors will fundamentally alter the way financial services are delivered and drive fintech platforms to become the “new normal” according to a new report from Juniper Research.
Read MoreBlockchain remains a popular topic but supply chain leaders are failing to find suitable use cases. By 2023, 90 percent of blockchain-based supply chain initiatives will suffer ‘blockchain fatigue’ due to a lack of strong use cases, according to a new report from Gartner, Inc.
Read MoreDespite a slow start, Europe is now one of the fastest-growing regions worldwide for blockchain spending, according to a new report from International Data Corp. (IDC). This is due to a number of factors, such as enterprises moving blockchain to production and a wave of local start-ups driving marketing and sales activities.
Read MoreNew data from Juniper Research has revealed that the total number of connected Internet of Things (IoT) sensors and devices is set to exceed 50 billion by 2022, up from an estimated 21 billion in 2018.
Read More
