Driven by significant chip shortages, up to 1 billion payment cards are at risk of not being issued over an 18-month timeframe, with 347 million at risk in 2021 and up to 740 million in 2022. Supply cannot currently keep up with increasing demand and the payment cards industry is by no means immune from this situation.
Read MoreIndia is expected to aggressively push toward electrification in the near future. Mega Trends such as rapid urbanization, rising fuel costs, traffic congestion, pollution, emerging economic growth, and energy security will drive EV adoption in the country in the next few years.
Read MoreAttacks on OT – hardware and software that monitors or controls equipment, assets and processes – have become more common. By 2025, cyber attackers will have weaponized operational technology (OT) environments to successfully harm or kill humans, according to Gartner, Inc.
Read MoreThe mobile computing market is in full recovery after several years of shipment and revenue declines. Hybrid work environments will become more prevalent as many employees report tangible benefits from remote work and are increasingly demanding more flexible work environments. The Windows 11 / post-pandemic refresh cycle will push the market to new highs of $241 billion in revenue in 2025 from $197 billion in 2020.
Read MoreCOVID-19 has put healthcare systems across the globe under tremendous pressure and underscored the urgent need to advance to a smart healthcare system. Transformative technologies such as 5G connectivity, Artificial Intelligence (AI), Augmented Reality, and Virtual reality (AR/VR), are at the forefront of a digitized health care system. There is an urgent need for a communication infrastructure that unites the currently very fragmented technology landscape.
Read MoreHalted production of new content, along with a dramatic increase of consumer demand for video entertainment throughout the COVID-19 crisis, has placed unprecedented demands on the content libraries of broadcasters and streaming providers. As content owners mine their inventory of episodic series and movies produced decades ago, they are exploring how to up-convert content to meet the elevated viewing standards of today’s consumers.
Read MoreThe next wave of Internet of Things (IoT) analytics development will fully converge with the Big Data domain. Simultaneously, the value in the technology stack is shifting beyond the hardware and middleware to analytics and value-added services, such as Machine-Learning (ML) and Artificial Intelligence (AI). ML and AI services are estimated to grow within the IoT domain at a CAGR of nearly 40%, reaching US$3.6 billion in 2026.
Read MoreWorldwide IT spending is projected to total $4.2 trillion in 2021, an increase of 8.6% from 2020, according to the latest forecast by Gartner, Inc. As many companies still suffer revenue declines, IT spending is accelerating ahead of revenue expectations. As many companies still suffer revenue declines, IT spending is accelerating ahead of revenue expectations. Boards and CEOs are much more willing to invest in technology that has a clear tie to business outcomes, and less so for everything else.
Read MoreFrost & Sullivan finds that the global automotive aftermarket will gather momentum this year as a slowdown in new vehicle sales due to the impact of COVID-19 and aging vehicle parc will create more opportunities in the aftermarket space. The market is estimated to garner $478.8 billion by 2025 from $362.21 billion in 2020.
Read MoreResearch by Gartner shows that disruption-shaping organizations are likely to experience less than one-third of disruptions than their peers. Chief supply chain officers (CSCOs) must strategically reduce the rate of disruption to their supply chains by reducing their surface areas in the near future. Supply chain surface areas are the sum of all products, processes and networks that compose the supply chain today and represent touchpoints that risk events can have with the supply chain.
Read Moretrategy Analytics forecasts global consumer spending in 2021 on smart home products and services will break through the $100 billion mark after falling short in 2020 due to the pandemic. he market will continue grow to $173 billion in 2025 when nearly 20% of all households globally have at least one smart home product in use up from 15% by the end of 2021. Security systems are driving growth in the US and in Western Europe surveillance cameras, smart bulbs and electrical devices are driving smart home adoption.
Read More70% of global technology buyers are exploring more ways to purchase technology this year, however vendor engagement strategies continue to underdeliver when it comes to meeting tech buyer expectations, according to a survey by Gartner, Inc. Four marketing clusters of technology buying enterprises base key behaviors that influence GTM tactics. As the size of buying teams continues to increase, ideal customer profiles (ICPs) increase in importance.
Read MoreGrowth factors in the augmented reality space will propel the market forward. According to new research by ABI Research, nearly 28 million augmented and mixed reality smart glasses will ship in 2026. The growth and demand are spread across both enterprise and consumer, with gradual but steady enterprise demand meeting with accelerating consumer activity in the next few years.
Read MoreThe worldwide semiconductor shortage will persist through 2021, and is expected to recover to normal levels by the second quarter of 2022. The chip shortage started primarily with devices, such as power management, display devices and microcontrollers, fabricated on legacy nodes at 8-inch foundry fabs, which have a limited supply. The shortage has now extended to other devices, and there are capacity constraints and shortages for substrates, wire bonding, passives, materials, and testing, all of which are parts of the supply chain beyond chip fabs.
Read MoreO-RAN ALLIANCE aims to reshape Radio Access Network (RAN) deployment toward more intelligent, virtualized, and multi-vendor interposable strategies. RAN RIC will disrupt the status quo and create new opportunities for a wider ecosystem to join this segment of the market by helping operators save Total Cost Ownership and users optimized Quality of Experience . Analysts expect the trend of standard RIC deployment to dominate the market around 2024 and 2025.
Read MoreWhile corporate and consumer businesses remain popular marks for cyberattacks, critical infrastructure facilities have become increasingly viable threat targets. They are highly vulnerable to major operational disruptions. Despite critical infrastructure organizations remaining far behind where they should be in cyber maturity, the cybersecurity market is estimated to reach $24.22 billion by 2030.
Read More5G mobile device models are becoming more diverse and being brought to market more quickly at a wide variety of price points, accelerating affordability and adoption. The mobile market is quickly transitioning to 5G and many leading OEMs are pushing ever-deeper into the lower-priced 5G smartphone segment. The race is on for OEMs to find that all-important level of differentiation to help boost margins and market share.
Read MoreAs organizations across geographies and industries accelerate the deployment of business transformation initiatives, a growing number of executives are exploring how risk quantification can be harnessed to optimize new investments in systems, applications and infrastructures to achieve mission-critical objectives in a safe and secure manner.
Read MoreWhile most large companies are currently engaged in a business transformation initiative, study after study reveals that more than 70 percent ends in failure. It may be tempting to blame immature cloud technologies or unwilling rank and file staff; however, the real cause of this failure likely lies in the leadership suite.
Read MoreA new study from Juniper Research has found that roboadvisor platform revenues will reach $25 billion by 2022, up from an estimated $1.7 billion in 2017, as the automation of wealth management revolutionizes the way individuals invest.
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