Latest News & Executive Interviews
Gartner Says 20% of Large Enterprises Will Use Digital Currencies by 2024
Twenty percent of large organizations will use digital currencies for payments, stored value or collateral by 2024, according to Gartner, Inc. The prediction has important implications for CFOs as they assess use cases and potential risks for digital currencies, which will be used more in business transactions and grow in overall economic significance in the years ahead.
Worldwide Smart Home Devices Market Grew 10.3% in Third Quarter 2021, Says IDC
The worldwide market for smart home devices grew 10.3% year over year in the third quarter of 2021 (3Q21) with more than 221.8 million device shipments, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. Despite persistent supply chain disruptions, unemployment, and an uneven economic recovery, consumer demand remained high for smart home devices like smart TVs, smart speakers, and other devices.
Frost & Sullivan Finds: Increasing Automated Safety Requirements Highlight Need for Robust Regulatory Framework for Autonomous Vehicles
Frost & Sullivan’s recent analysis of the global autonomous vehicles (AVs) regulatory landscape finds that increasing automated safety requirements necessitate a robust regulatory framework for AVs.
Gartner Predicts 90% of Public Sustainable Packaging Commitments Won’t be Met by 2025
While enterprise commitments to sustainable packaging have centered on 100% of packaging being reusable, recyclable or compostable by 2025, Gartner, Inc. predicts that 90% of those public sustainable packaging commitments won’t be met by 2025 due to reliance on plastics and single use packaging.
Technicolor Connected Home Describes Emerging Trends Spurring an Evolution of the Set-Top Box
The past few years have seen a major shift in how set-top box (STB) technologies are being designed and deployed to support the evolving needs of connected home subscribers. New consumer attitudes that favor choice and control have prompted network service providers (NSPs) to reevaluate the efficacy of proprietary customer premises equipment (CPE) strategies and explore the benefits offered by a more open approach to bringing new STB value propositions to market.
Gartner Says Global Smartphone Sales Declined 6.8% in Third Quarter of 2021
Global smartphone sales to end-users declined 6.8% in the third quarter of 2021, compared to the same time period in 2020, according to Gartner, Inc. Component shortages disrupted production schedules, leading to lower inventory and delayed product availability, which eventually impacted sales to end-users.
Integrated Solutions that can Plug the Security Gaps Arising from IT-OT Convergence to Find Increased Adoption, Reported Frost & Sullivan
As information technology (IT) and operational technology (OT) converge, enterprises must decide how they will reconcile the vast differences in IT and OT security. Unlike the IT networks they connect with, OT networks are highly vulnerable to cyberattacks. The IT/OT industry is addressing this issue by implementing purpose-built, integrated security solutions that can natively onboard connections from both ends.
ABI Research: 2022 Will Mark a New Era for Wireless Innovation
2022 will represent a key year for wireless connectivity innovation as Wi-Fi 6, 6E, and Ultra-Wideband adoption accelerates across a growing number of end markets. ABI Research forecasts that next year Wi-Fi 6 will reach well over 1.5 billion annual chipset shipments, while 6 GHz enabled Wi-Fi 6E chipsets are forecasted to nearly triple year on year.
Gartner Survey Finds 88% of Boards of Directors View Cybersecurity as a Business Risk
Analysts discuss the need to treat cybersecurity as a business decision at the Gartner Security & Risk Management Summit. Eighty-eight percent of Boards of Directors (BoDs) view cybersecurity as a business risk, as opposed to a technology risk. However, only 12% of BoDs have a dedicated board-level cybersecurity committee.
Advancements in Sensor Fusion Technology to Benefit Multiple Industries, Finds Frost & Sullivan
Frost & Sullivan finds as sensor manufacturers move toward a configurable data fusion algorithm that can deal with varying sensory outputs, there will be greater end-user awareness regarding the technology and expanded application in new areas.
Gartner Forecasts IT Spending in EMEA to Grow 4.7% in 2022
IT spending in EMEA is forecast to total $1.3 trillion in 2022, an increase of 4.7% from 2021, according to the latest forecast by Gartner, Inc. The 2022 growth rate will be slower than in 2021 when EMEA IT spending is expected to grow 6.3%.
IDC: The 5G Spectrum Conundrum for South Africa and the GCC: Future Ready or Future Forward?
There is a dire need to ensure that 5G spectrum policies in the Gulf Cooperation Council (GCC) region and South Africa include effective spectrum allocation and management strategies. This is key to ensuring that the evolution from 3G and 4G networks to 5G networks and capabilities is seamless, viable for ecosystem players, and accelerates digital transformation imperatives.
Frost & Sullivan States Technology Integration will have Strategic Implications on Future Growth of the Digital Grid Market
Frost & Sullivan’s recent analysis finds that technological advancements and countries’ emphasis on climate change policies are expediting market growth of the global digital grid. As a result, the market is likely to garner $9.21 billion in revenue by 2030 from $8.15 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%.
Sustainability in Action: By 2030 10.5% of the World Will Have Achieved Circularity, States ABI Research
The circular economy is a key sustainability strategy being adopted by world and industry leaders in their fight against climate change. While the circular economy is still in its infancy in terms of data and metrics, there are indicators that it is a growing phenomenon and tech industries, such as IoT for asset tracking, are set to grow rapidly in the next five years.
Gartner Forecasts End User Spending on Public Cloud Services in MENA to Grow 19% in 2022
End-user spending on public cloud services in the Middle East and North Africa (MENA) region will total $5.7 billion in 2022, an increase of 19.2%, according to the latest forecast by Gartner, Inc. While still in double digits, growth in 2022 will be slower compared to the forecasted 21.6% growth in 2021.
Strategy Analytics: Qualcomm Dominates With 52 Percent Revenue Share in Cellular Basebands in Q2 2021
Companies such as Qualcomm, MediaTek, Samsung LSI, Unisoc and Intel were estimated to have captured the top-five cellular baseband revenue share spots in Q2 2021. According to Strategy Analytics, the global cellular baseband market grew 16 percent to $7.2 billion in Q2 2021.
ABI Research States That Over 2 Billion Devices Will be Shipped with a Dedicated Chipset for Ambient Sound or Natural Language Processing By 2026
Advancements in Natural Language Processing (NLP) technologies and edge Artificial Intelligence (AI) chipsets are now enabling sound processing technologies to be integrated at the end-device level, which could mitigate security and privacy concerns while ensuring enabled services can be delivered consistently without interruption.
Validic Empowers Physicians and Care Managers to Manage Personal Health Data at Scale, States Frost & Sullivan
Frost & Sullivan recognizes Validic, Inc. with the 2021 North America Company of the Year Award. Its scalable, secure solutions help improve operational efficiencies and health outcomes by seamlessly delivering data and real-time insights from hundreds of home health devices into existing clinical workflows.
Rising Data Creation and Consumption Fuel the Data Center Colocation Services Market Worldwide, states Frost & Sullivan
The global colocation services market is projected to reach $164.84 billion by 2030 from $51 billion in 2020, expanding at a 12.4% compound annual growth rate (CAGR) due to rising demand, increasing investments and high values of data traffic.
5G to Prop Up Cloud Gaming Users and Drive Cloud Video Revenue to US$67.5 Billion by 2024, ABI Research
5G edge networks bring new capabilities allowing communications service providers (CSPs) to develop innovative applications, services, and revenue streams in the media and entertainment domain. 5G edge networks stand to unlock cloud video revenues from US$5 billion in 2019 to US$67.5 billion by 2024 at a CAGR of 67%.