Latest News & Executive Interviews
ABI Research Finds IoT Partner Programs Making the Move Toward Renewable Energy Verticals
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.
ETR Technology Survey Cites Cybersecurity as Highest Priority for IT Spending
Enterprise Technology Research (ETR), a technology market research firm, released its latest Technology Spending Intentions Survey (TSIS). The TSIS shows cybersecurity leads as the highest IT priority and that tech hiring is at the highest levels ever reported in TSIS, and 64% of the workforce will embrace some form of remote work permanently.
Russia-Ukraine war: The Conflict will Generate a $5.5 Billion Loss for the ICT Market in 2022 Finds IDC
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.
Consultative Services for Smart Home Devices: Simplifying Complex Purchases Finds Parks Associates
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.
Enhancing Digital Experiences Requires NSPs to Seamlessly Manage Mix of Subscription and Advertising Delivery Models, Reports Hoppr
As content consumption has risen through the COVID-19 pandemic, consumers have demonstrated a willingness to pay for many ad-free online entertainment services, as evidenced in the significant uptick in subscription revenue throughout 2020-2021.
BizTechReports: Advanced HDR by Technicolor Introduces “No Compromise” Round-trip Feature to Ensure the Highest Quality HDR and SDR Output in a Single Production Process
One of the biggest challenges determining how live broadcasters utilize and deliver high dynamic range (HDR) to audiences around the world revolves around how to efficiently integrate legacy standard dynamic range (SDR) content in a technically effective and cost-efficient manner. What is needed is a superior fidelity two-way conversion process between SDR and HDR.
Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022
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.
Worldwide PC Shipments Declined 7.3% in First Quarter of 2022, Forecasts Gartner
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.
Asset Visibility Market Opportunity in the Pharmaceutical Industry Worth $2.7 Billion by 2026
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.
Hardware Optimization Promises Up To a 70% Improvement in 5G Power Consumption, States ABI Research
5G networks are reaching scale in many developed nations, delivering an exceptional user experience and higher data rates to consumers and enterprise users. 5G has proven to be 90% more energy-efficient than 4G in terms of energy consumption per unit of traffic.
IDC Finds the Initial Consequences of the Russia-Ukraine War on Asia/Pacific ICT Vendors and Technology Buyers
The Russia-Ukraine war has dramatically shifted the global geopolitical landscape. Countries and companies around the world are struggling to respond. While not as exposed as European nations, Asian nations will undoubtedly feel the spillover effects of the economic sanctions on Russia, as will the ICT industry in Asia/Pacific.
Spurred by Significant Interest and Activity, Total Augmented Reality Market Will Reach $220 billion by 2027
With investment and interest growing exponentially, the augmented reality market is set to grow at an equally significant rate over the next five years. According to ABI Research, nearly 40 million Augmented Reality (AR) smart glasses will ship in 2027, with the total augmented and mixed reality market surpassing $220 billion in the same year.
Enterprise Needs and Consumer Wants Propel Demand for 5G Network Infrastructure Reports Frost & Sullivan
Frost & Sullivan finds that global demand for 5G network infrastructure by communication service providers (CSPs) is considerable and driven by consumer and enterprise needs. The consumer market drove 4G revenues for CSPs and will still be essential in 5G, but there is little room for growth.
ABI Research Finds Smart Credentials Shipments Will Return to Pre-Pandemic Level of 596 Million Units in 2022
According to ABI Research, shipments of smart credentials will return to a pre-pandemic level of 596 million units in 2022, followed by significant growth year-on-year to a forecasted 766-million-unit shipments in 2026. ePassport shipments will rebound to 176 million in 2024, driven by the restored appetite for passport renewal as travel restrictions ease.
Frost & Sullivan Finds Computed and Direct Radiography to Boost Global X-ray Inspection Systems Market
Frost & Sullivan finds that computed radiography (CR) and direct radiography (DR) application standards offer more benefits than X-ray film-based radiography and will expedite the adoption of X-ray inspection systems worldwide. The digital features of CR and DR application standards are driving wider market acceptance for digital X-ray inspection equipment.
Frost & Sullivan Finds Innovation in Surveillance Technologies Ignites Global Surveillance Solutions Market Growth
Frost & Sullivan finds that the increasing adoption of advanced surveillance systems and technology innovations is accelerating market growth. Innovative features in surveillance technology such as new integration capabilities and analytics offerings are catalyzing the industry, enabling a shift away from legacy analog.
Fueled by the Buildup to the Metaverse, the CDN Market is Forecasted to Hit $24 Billion by 2030, Finds ABI Research
ABI Research, expects the global CDN market to more than double by 2030, reaching $23.9 billion. This growth is driven in part by expanding its presence in services beyond core content delivery and caching, which includes security (network, content, and enterprise) and edge computing.
Gartner Forecasts India End-User Spending on Security and Risk Management to Grow 9.4% in 2022
End-user spending on security and risk management in India is forecast to total $2.6 billion in 2022, an increase of 9.4% from 2021, according to Gartner, Inc. There is a significant shortage of skilled cybersecurity professionals. Therefore, end-user organizations in India often engage with security service providers to meet their cybersecurity objectives.
IDC Finds Technology Optimizes the Loan Origination Process for Financial Institutions
Many financial institutions (FIs) have lagged their fintech competitors in the digitization of key banking business lines such as lending. Now FIs have a range of technology solutions as they play catch-up in the lending market to both consumers and businesses alike. Loan origination software is a key enablement for FIs to step up their digitization game not only to improve their lending operations, but also to enhance their customers’ experience.
India’s Increasing Demand for Transportation Services Expedites Shared Mobility Market Growth
Frost & Sullivan’s recent analysis of the Indian shared mobility industry finds that rapidly increasing urbanization in the country presents an opportunity for an integrated, multimodal transport system. Shared mobility presents promising solutions to meet India’s increasing demand for transportation services.