Cities account for more than 50% of the planet’s population and are responsible for more than 70% of global carbon emissions. To combat this, decarbonization strategies are being employed by cities around the world. Smart city technologies will be a critical asset for this transformation.
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The metaverse is anticipated to become a platform where people spend time with social communities, consume media, and participate in virtual events and sports. Frost & Sullivan finds that the metaverse will be an interconnected network of virtual worlds that will eventually become an extension of the real-world economy.
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Marketing budgets have climbed to 9.5% of total company revenue in 2022, an increase from 6.4% in 2021, according to Gartner, Inc. While marketing budgets are increasing this year, they still lag pre-pandemic spending levels.
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Artificial Intelligence (AI) is all around us, but the processes of inference and learning that form the backbone of AI typically take place in big servers, far removed from consumers. New models are changing all that as the more recent frameworks of Federated Learning, Distributed Learning, and Few-shot Learning can be deployed directly on consumers’ devices that have lower compute and smaller power budgets, bringing AI to end-users.
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ABI Research finds that not only parents of partner programs are continuing their long history of partnering with system integrators, OEMs, and professional services providers to enable full-scale end-to-end IoT solutions, but also are now branching out into renewable energy verticals.
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ABI Research has identified key industry initiatives and regulatory changes which are driving traceability in the food industry across different regions. Spurred by voluntary industry standards, the regulations have evolved to react to food safety incidents, localize food recall, and meet export requirements.
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The raging conflict in Eastern Europe has taken a hit on the global ICT market, and the effects of the Russia-Ukraine war will linger for years to come. According to IDC the conflict will generate a loss of worldwide ICT spending worth $5.5 billion in 2022.
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New technologies are becoming available to consumers through innovative connected devices in the home. Multiple brands have released new connected products geared at improving convenience and helping consumers monitor and address daily living challenges.
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By 2026, 65% of B2B sales organizations will transition from intuition-based to data-driven decision making, using technology that unites workflow, data and analytics, according to Gartner, Inc. The market is growing rapidly with the rush to virtual selling due to the pandemic.
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After years of slow but steady growth in limited use cases, virtual reality (VR) is facing a market explosion over the next five years. Consumer interest in VR games and media continues to grow after COVID accelerated activity.
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U.S. employee annual voluntary turnover is likely to jump nearly 20% this year, from a prepandemic annual average of 31.9 million employees quitting their jobs to 37.4 million quitting in 2022, according to Gartner, Inc. As employees seek to take advantage of new hybrid work arrangements, they are confronting issues of misalignment with leaders and achieving the flexibility they desire.
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Frost & Sullivan’s analysis of the global cloud gaming market, finds that the global video game market is experiencing disruption with the advent of cloud gaming. It allows users to enjoy the latest gaming titles without high-end hardware or downloading the full software on their computers or other devices.
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Trends accelerated by the pandemic have created significant networking and security challenges: the expansion of the remote workforce, an increasing reliance on cloud infrastructure, and the requirement to connect end-users securely everywhere with applications anywhere. Traditional solutions that have rigid wired network underlays and a requirement for on-premises infrastructure cannot adequately deal with these trends.
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Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to Gartner. In 2023, end-user spending is expected to reach nearly $600 billion.
China's Dual Credit policy has been in place for the past several years and has been a key driver for the rapid growth of the New Energy Vehicle (NEV) segment in China. OEMs like Tesla and BYD with a focus on BEVs (battery electric vehicles) posted the best results while traditional OEMs, including major international players such as Toyota, GM, VW and Honda struggled.
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While many countries are still in various states of reduced transit services, the chipset shortage will make its presence known in 2022, causing a shortfall in supply for lower ASP end markets and resulting in a drop in 2022 shipments to just under 290 million.
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Worldwide semiconductor revenue totaled $595 billion in 2021, an increase of 26.3% from 2020, according to final results by Gartner, Inc.
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Worldwide PC shipments totaled 77.5 million units in the first quarter of 2022, a 7.3% decrease from the first quarter of 2021, according to Gartner, Inc. A sharp drop in Chromebook sales significantly contributed to the overall market decline.
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Pharmaceutical manufacturers, distributors, and transportation providers all face unique pain points within their supply chain operations. As a result, these enterprises are looking at asset visibility as a way not only to mitigate costs but to use it as a competitive advantage and to generate higher-quality supply chain data both at an item level and at a network level.
Transformational forces are influencing the global contract development and manufacturing organization (CDMO) market’s growth. Disruptive, innovative business models and technologies mandate the need to commercialize personalized therapies and focus on improvements in manufacturing technologies.
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