Latest News & Executive Interviews
Consumer Robotics Hardware Revenue to Hit $22 Billion Annually By 2022: Juniper Research
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.
IoT Software and Services in Pharmaceutical Sector to Hit $2.4 Billion by 2020, Global Data Forecasts
The Internet of Things (IoT) is transforming the pharmaceutical industry at a rapid pace, according to new research from GlobalData. Indeed, IoT software and services in the pharmaceutical industry is expected to grow from $420 million in 2015 to $2,486 million by 2020, at a Compound Annual Growth Rate (CAGR) of 42.7 percent from 2016 to 2020.
Virtual Reality in Retail and Marketing to Generate $1.8 Billion in 2022, ABI Research Forecasts
While E-commerce and digital marketing have proven to be effective platforms, Virtual Reality (VR) is the next innovative technology that will improve and impact the retail and marketing sectors. ABI Research forecasts that VR in retail and marketing sectors is expected to generate $1.8 billion in 2022.
Connected Clothing to Be a $1 Billion Industry in 2020, Juniper Research Says
A 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.
Data Center Network Equipment Revenue Reached $13.7 Billion in 2017: IHS Markit
Data center network equipment revenue -- including data center Ethernet switches, application delivery controllers (ADCs) and software-defined enterprise WAN (SD-WAN) -- totaled $13.7 billion in 2017, IHS Markit says in a new report. That growth translates to a 13 percent increase over the previous year.
Fintech Innovation Propels B2B Money Transfer Market to $228 Trillion By 2022, According to Juniper Research
New findings from Juniper Research have concluded that the cross-border B2B money transfer market is ripe for disruption, as new technologies and legislative changes redefine traditional banking practices across the globe.
Global Digital Pay TV Subscriptions Exceeded 1 Billion in 2017, IHS Markit Finds
Digital pay TV subscriptions around the world, including cable, satellite and IPTV, exceeded one billion for the first time in 2017, according to new research from IHS Markit. This global growth comes despite the continued uptake of over-the-top (OTT) subscription video services, like Netflix, Hulu and Amazon Prime Video, which added more than three times the number of subscriptions than pay TV last year, according to IHS Markit.
Technologies Enabling Smart Cities in Asia/Pacific to Reach $28.3 Billion in 2018: IDC
The market for the technologies that enable Smart Cities initiatives in Asia/Pacific (excluding Japan) is expected to reach $28.3 billion in 2018, according to the first-ever IDC Worldwide Semiannual Smart Cities Spending Guide. As these initiatives gain traction, IDC expects spending to accelerate over the 2016-2021 forecast period, reaching to $45.3 billion in 2021.
Worldwide IoT Security Spending Will Reach $1.5 Billion in 2018, Gartner Says
Nearly 20 percent of organizations observed at least one Internet of Things-based attack in the past three years. To protect against those threats, Gartner forecasts that worldwide spending on IoT security will reach $1.5 billion in 2018, a 28 percent increase from 2017 spending of $1.2 billion.
Juniper Research: Digital Transformation, IoT to Drive Annual Cybersecurity Spend to $134 Billion By 2022
New 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.
Voice Assistants Play a Growing Role in Smart Homes, Futuresource Technology Says
Voice Assistants (VAs) are being integrated into an increasing number and variety of connected consumer devices in multiple markets and are on course to develop as a major user interface over the next two-to-three years, according to the latest Futuresource Consulting Report, “Voice Assistants in Consumer Electronics”.
Worldwide Spending on Mobile Solutions to Pass $1.6 Trillion in 2018, IDC Says
Worldwide spending on mobility solutions is forecast to grow 3.2 percent year-over-year in 2018, reaching more than $1.6 trillion, according to a new Worldwide Semiannual Mobility Spending Guide from International Data Corporation (IDC).
Augmented Reality Hardware Market at an Innovation Inflection Point, ABI Research Says
As Augmented Reality (AR) continues to create a beachhead in enterprise and shows promise for consumer AR in the coming years, attention is being paid not only to the potential applications for AR -- but also to what impact hardware components will have in the market, according to ABI Research.
Digitization and IIOT-based Technologies Drive Demand for Enterprise Asset Management Solutions: Frost & Sullivan
The emergence of digitization and integration of Industrial Internet of Things (IIoT)-based technologies will boost demand for EAM software and create a connected environment, according to new research from Frost & Sullivan.
Brain Machine Interface Hardware Revenues to Reach $19 Billion By 2027, Juniper Research Says
Global 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.
Internet of Things Adoption Increases Cyberattack Risk for Utilities, Navigant Research Finds
A new report from Navigant Research looks at cybersecurity threats related to the Internet of Things (IoT) that pose challenges to utilities and other enterprises, providing details on regulatory frameworks and basic strategies for secure IoT implementation.
SD-WAN Revenue Reached $444 Million in 2017, IHS Markit Finds
SD-WAN (appliance + control and management software) revenue reached $147 million in 4Q 2017, with current year (CY) 2017 up 3.9 times over CY16, according to new research from IHS Markit.
Mobile Gaming Accounts For 40 Percent of Global Spending on Games, Futuresource Technology Says
The global software spend across all gaming platforms (mobile, PC and console) and regions reached $116 Billion in 2017, with mobile accounting for $46 billion, Futuresource Consulting finds in a new report.
Mobile Operators to Generate $9 Billion From Carrier Billing By 2022, Juniper Research Finds
A 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.
Online Sales in Western Europe Are Growing 10 Times Faster Than Retail Market: Forrester
Online sales will grow at an average of 11.9 percent per year over the next five years in Western Europe with 21 percent of non-grocery retail sales being online by 2022, according to a new report from Forrester Research. Although grocery will be one of the fastest-growing online retail categories, just 4.5 percent of grocery sales will occur online in 2022.