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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.

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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.  

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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.

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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”.

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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.

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