According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 24.7% year over year in the third quarter of 2022 (3Q22) to $23.9 billion.
Read MoreCommunication service providers (CSPs) have made large strides over the last few years as they look to leverage their underlying infrastructure to climb the digital value chain by delivering cloud-enabled integrated network services. This paradigm, ‘network-as-a-service’ (NaaS), is a more flexible way for enterprises to consume critical and non-critical network services.
Read MoreThe prospects of inflation and a global recession are a common variable that will influence how network service providers (NSPs) in different regions assess their strategic customer premises equipment options (CPE) for 2023. That said, local market conditions will determine the pace at which new technologies are deployed and new services adopted for connected home applications, according to Mercedes Pastor, Senior Vice President of VANTIVA's Global Customer Unit, in an interview with journalists during CES 2023.
"There have always been significant regional differences in how consumers receive connected home applications. In 2023, however, we will likely see more stratification across geographies as NSPs assess the specific impact that major economic and geopolitical events have on their markets," she says.
Dramatic shifts in consumer behavior, driven by concerns about inflation and recession, will create a dramatically different market for Pay TV and over-the-top (OTT) streaming service providers as 2023 unfolds, according to Jon Kirchner, chief executive officer of Xperi.
Subscribers, he says, are revisiting digital entertainment budgets that ballooned in the aftermath of the global pandemic and are developing strategies to better control investments in content, online gaming and other digital experiences.
Read MoreParks Associates research finds that even as download speeds increase for US internet households, value-added services and the quality of experience are increasingly more important factors in how subscribers evaluate their BSP.
Read MoreThe most effective data and analytics leaders focus on creating business value, nurturing data and analytics talent, and changing culture, according to Gartner, Inc. “The role of the chief data and analytics officer (CDAO) is growing in influence as it becomes required for organizations to transform data into business value,” said Carlie Idoine, VP Analyst at Gartner.
Read MoreOn the backs of a tough economic environment and rising prices, International Data Corporation (IDC) has reduced its outlook for augmented reality (AR) and virtual reality (VR) headsets for the remainder of 2022 and beyond. Global shipments for AR and VR headsets will decline by 12.8% in 2022, dropping to 9.7 million units. Growth is expected to return in 2023 as shipments are forecast to jump 31.5% year over year. Sustained growth of more than 30% is also forecast for the next several years culminating in 35.1 million units shipped in 2026.
Read MoreReturnable Transport Assets (RTAs) have long been a target for IoT solution providers and adopters alike. Wide-Area Network (WAN) technologies have seen significant shipments into this market over the past two years. Global technology intelligence firm ABI Research forecasts that the WAN RTA tracking market will reach 117.3 connections by 2027.
Read MoreWorldwide IT spending is projected to total $4.5 trillion in 2023, an increase of 2.4% from 2022, according to the latest forecast by Gartner, Inc. This is down from the previous quarter’s forecast of 5.1% growth. While inflation continues to erode consumer purchasing power and drive device spending down, overall enterprise IT spending is expected to remain strong.
Read MoreAccording to Parks Associates’ latest research, annual sports OTT subscription revenue in the United States was $13.1 billion in 2022 and will almost double to approximately $22.6 billion in 2027, a 73% increase over the next five years. The new industry report OTT & Sports: Services and Strategies for Growth examines key trends in sports content and provides an overview of the pay-TV sports media landscape, OTT sports services, direct-to-consumer trends, and the sports fan viewing experience.
Read MoreSmart city solutions empower city governments to acquire distributed city data and unify it while offering a platform to provide innovative solutions for effective city management. Frost & Sullivan’s recent analysis, Smart City Solutions Growth Opportunities, finds that the sector is evolving from aiming to create traffic management solutions to converging with industry participants creating solutions for data simulation, the sharing economy, social media, and mass transit.
Read MoreFueled by the continued adoption of the latest Wi-Fi standards and an easing of supply chain constraints, the enterprise segment of the worldwide wireless local area network (WLAN) market increased revenues 34.3% year over year in the third quarter of 2022 (3Q22) to $2.6 billion, according to results published in the International Data Corporation (IDC) Worldwide Quarterly Wireless LAN Tracker.
Read MoreEvaluating finance function strategy, scope and design is the top priority for CFOs in 2023, according to a survey by Gartner, Inc. A survey of 157 CFOs in November 2022 ranked the top 10 priorities for CFOs for this year, and 90% of respondents selected evaluating finance strategy, scope and design as the top priority, followed by planning and sequencing finance transformation activities.
Read MoreAs the streaming and content service provider markets move past the immediate aftermath of COVID-19, which stimulated demand for over-the-top (OTT) offerings through the shelter-in-place period, the industry now faces headwinds driven by rising inflation and the prospects of a global recession.
"The OTT sector is experiencing a major wave of change as consumer attitudes and behaviors rapidly evolve in new directions. A significant pivot is taking place as we moved beyond the pandemic when a slew of new streaming service providers rushed into the market to engage directly with consumers starved for new content and experiences," says Matt McSweeney, Vice President of Sales at TiVo.
Read MoreOrganizations that double down on transformation initiatives, while reducing costs and focus on automation, integration, and cloud-native experiences will likely be best positioned to navigate the economic headwinds that appear on the horizon as we move into 2023.
Read MoreWhile the shifting business landscape in 2023 is unlikely to dampen consumer demand for new content and services, heightened price sensitivity will drive higher churn levels across broadband network operators and over-the-top (OTT) service providers.
Players that embrace open, robust and intelligent customer premises equipment (CPE) while partnering with best-in-class product and service innovators stand the best chance of weathering an economically uncertain 2023, says Leopold Diouf, Senior Vice President of the Product Division, VANTIVA in a podcast interview for journalists ahead of CES 2023.
Despite facing an increasingly volatile semiconductor industry plagued by ongoing macroeconomic and political issues, the secure microcontroller (MCU) market should fare well in the long term. While the forecasted total available market has contracted, especially in the smart home, retail, advertising, and supply chain spaces, secure MCU shipments will only be temporarily adversely affected. According to a new global technology intelligence firm ABI Research report, the secure microcontrollers market will grow to US$2.2 billion by 2026.
Read MoreThe International Data Corporation (IDC) Worldwide Semiannual Software Tracker finds strong revenue results for the global software industry among fears of inflation and the ongoing Russia-Ukraine war. Current geopolitical and macroeconomic turmoil is not expected to have a decisive impact on software growth as businesses push for more automation and digitalization to save costs and improve supply chains across the globe.
Read MoreWith the prospects of an uncertain economy looming, the pay-TV and streaming services market is rapidly adjusting to new content consumption behaviors that will challenge the ability of service providers to meet strategic business objectives. Rising churn is contributing to downward pressure on average revenue per user (ARPU) as subscribers more critically assess what services they will keep over the months and years to come.
"It is in this context that Bandai Namco, the undisputed global leader in anime production, decided to make important changes to its content library platform by implementing the Personalized Content Discovery (PCD) solution from TiVo," says Jon Heim, Senior Director of Product Management, TiVo.
Read MoreAs marketers face increased scrutiny over their operations, Gartner, Inc. has revealed its top five predictions that marketing leaders must incorporate in their strategies in 2023 and beyond to drive results and regain the confidence of business leaders.
Read More
