A new study from Juniper Research has found that the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020. This rapid growth of 120% demonstrates how widespread facial recognition has become.
Read MoreA new study by Juniper Research has found that network operator spend on MEC (Multi-access Edge Computing) will grow from $2.7 billion in 2020, to $8.3 billion in 2025, as operators invest heavily in upgrading network capacities and infrastructure to support the increasing data generated by 5G networks.
Read MoreNew data from Juniper Research forecasts that the value of AI underwritten insurance premiums will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019. This growth will be driven by streamlined underwriting processes, faster customer onboarding and reductions in operational costs enabled by AI.
Read Morethe number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7 billion in 2019 to over 5 billion in 2024, according to a new report from Juniper Research. Emerging economies in Asia and Africa are some of the biggest markets, as countries leapfrog analogue identities to benefit from the efficiencies digital registration and management bring.
Read MoreTechnologies such as machine learning, Big Data analytics and blockchain will be the cornerstone of fintech platforms. These factors will fundamentally alter the way financial services are delivered and drive fintech platforms to become the “new normal” according to a new report from Juniper Research.
Read MoreA new study from Juniper Research has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019. This represents time saved for banks in 2023 of 862 million hours, equivalent to nearly half a million working years.
Read MoreA new study from Juniper Research has found that there will be 8 billion digital voice assistants in use by 2023, up from an estimated 2.5 billion at the end of 2018.
Read MoreA new study from Juniper Research has found that revenues from VR-specific games will reach $8.2 billion by 2023, rising from an expected $1.2 billion in 2019. It argued that development of smartphone VR content is essential to increase consumer confidence in VR across all platforms, following a disappointing year of hardware sales in 2018.
Read MoreRetailers are set to lose some $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023, according to a new Juniper Research report. The report highlighted that increasingly complex approaches by fraudsters, alongside retailers’ inertia in adapting to new fraud prevention requirements, would be key factors behind the increases in fraud transaction value.
Read MoreRevenues generated by the use of Mobility-as-a-Service (MaaS) platforms, which integrate multi-modal transport services (including buses, taxis, rail and metro), will exceed $11 billion by 2023, a new study from Juniper Research reveals. This is up from an estimated $100 million in 2018 and is an average annual growth of 156 percent.
Read MoreA recent report by Juniper Research found that over 33 billion records will be stolen by cybercriminals in 2023 alone, an increase of 175 percent over the 12 billion records expected to be compromised in 2018. This will result in a cumulative loss of over 146 billion records for the whole period.
Read MoreMobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023, according to a new study from Juniper Research. This is 17 times the $124 billion expected in 2018, as initiatives furthering secure remote payment transactions and more open biometric platforms proliferate.
Read MoreA new study from Juniper Research found that spending on Internet of Things (IoT) cybersecurity solutions is set to reach over $6 billion globally by 2023. The UK-based consultancy highlighted rapid growth, with spending by product and service providers (in consumer markets) and end-customers (in industrial and public services markets) to rise by nearly 300 percent over the forecast period.
Read MoreNew data from Juniper Research has revealed that the total number of connected Internet of Things (IoT) sensors and devices is set to exceed 50 billion by 2022, up from an estimated 21 billion in 2018.
Read MoreA new study from Juniper Research has found that the number of enterprise MR (Mixed Reality) applications will approach 40 million by 2022, rising from just 6.5 million in 2018. That translates into growth of over 500 percent.
Read MoreA new study from Juniper Research has found that the wearables market has begun to shift away from wrist-based devices such as smartwatches and fitness trackers, with other device categories forecast to grow much faster.
Read MoreNew data from Juniper Research has found that global business spend on cybersecurity solutions will grow by 33 percent over the next four years, reaching $134 billion annually by 2022.
Read MoreGlobal hardware sales revenue from Brain Machine Interfaces (BMI) will reach $19 billion per year by 2027, up from an estimated $2.4 billion in 2018, a new study from Juniper Research has found.
Read MoreA new study from Juniper Research has found that carrier billing, which allows users to make purchases by charging payments to their phone bill, will generate $9 billion annually for mobile operators by 2022.
Read MoreThe market for specialized fitness wearables integrated into clothing and ear-based “hearables” will grow from an expected 4.5 million shipped in 2018 to nearly 30 million in 2022, an increase of more than 550 percent, Juniper Research forecasts.
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