A new study from Juniper Research found that the total transaction value of the MFS (Mobile Financial Services) market will exceed $1 trillion by 2024; rising from $580 billion in 2019. This is a growth of 70%.
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New data from Juniper Research forecasts that the value of regulatory technology or “regtech” spending will exceed $127 billion by 2024, up from $25 billion in 2019. This growth will be driven by a dramatic rise in the automation of resource-intensive tasks, such as those involved in KYC (Know Your Customer) checks and increasing use of artificial intelligence (AI) in transaction monitoring.
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New data from Juniper Research has shown that the total transaction value of remote payments for digital and physical goods will exceed $6 trillion by 2024; representing a growth rate of 53% from 2019.
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A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises become more dependent on the digital realm.
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New data from Juniper Research found that the number of voice assistants used to access smart home devices will reach 555 million by 2024; up from 105 million in 2019. By 2024, Juniper Research expects more than 90% of voice assistants to be used to control smart home devices; driven by increased participation from Chinese manufacturers.
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The global number of shipments of BMIs (Brain Machine Interfaces), devices that connect computers to the brain, will reach 25.6 million by 2030, up from an estimated 350,000 in 2019, according to a new report from Juniper Research.
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A new study from Juniper Research found that contactless ticketing users will reach 468 million by 2023, up from an estimated 180 million in 2019. Consequently, 1 in 4 digital tickets purchased in 2023 will be contactless.
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A new study from Juniper Research has found that domestic aide robotics will drive consumer robotics hardware revenues from an estimated $6.4 billion in 2018 to nearly $23 billion by 2022; an increase of over 250 percent.
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