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Nate Fisher Nate Fisher

Hearables Are the New Wearables, Says IDC

Global wearable device shipments grew 85.2% in the second quarter of 2019 (2Q19) as shipments totaled 67.7 million units according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Earworn devices (hearables) were among the fastest growing categories, capturing 46.9% of the overall wearables market during the quarter, up from 24.8% a year ago. Driving that growth was a slew of new products and consumers who purchased their second wearable, a hearable, to use in parallel with existing watches or wrist bands.

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Airrion Andrews Airrion Andrews

Smartphones with Foldable, Flexible, or Rollable Displays will Start Gaining Traction in 2020: ABI Research

Smartphones, tablets, and wearables are all expected to see some form of foldable, flexible, or rollable screen technology over the coming years, as vendors try to shake up the markets and stimulate replacement cycles, according to a new report from ABI Research. This is despite ongoing issues with several foldable smartphones that were set to enter the market this year.

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Lane Cooper Lane Cooper

Esports Revenue to Grow Five-fold by 2024, Rethink Research Says

A new report from Rethink Research forecasts hefty growth in esports revenue over the next five years, surging from $900 million in 2018 to $5.05 billion in 2024. There is a lot of money to be made in esports, and revenues will be divided up among game publisher fees, sponsorship, media broadcasting rights, tickets and merchandise, tipping and advertising.

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Global Blockchain Revenues on Track to Hit Close to $10 Billion, ABI Research Says

Global revenues for blockchain technology are on track to hit almost $10 billion by 2023, finds ABI Research, a global tech market advisory firm. These revenues continue to show strong interest in blockchain application, despite the significant decrease in Initial Coin Offerings (ICOs) in 2018. Investment continues to swell, buoyed primarily by an increase in VC funding, notably in blockchain infrastructure development.

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Nate Fisher Nate Fisher

Gartner Says 80% of HR Leaders Fail To Consider How Cost Optimization Efforts Contribute To Organizations’ Overall Cost Savings

Due to the economic uncertainty across most industries and markets, 92% of HR leaders are prioritizing budgeting and cost optimization initiatives, according to a benchmarking survey by Gartner, Inc. While HR leaders face increasing pressure to drive business value and manage costs, only 20% consider how HR cost optimization efforts can contribute to the organizations’ cost savings overall.

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Lane Cooper Lane Cooper

Smart Home Will be at the Heart of the Change in Consumer Robotics, ABI Research Says

A disconnect between smart home and home robotics offerings has been a factor limiting home robotics adoption. Pricing, availability, and consumer awareness have been factors too, but a new study from ABI Research finds that robot vendors increasingly see value in supporting the integration of their devices into smart home functionality. While challenges remain, this smart home integration will result in nearly 79 million homes around the world having a robot in the house by 2024.

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New IDC Spending Guide Sees Commercial Sector Investments Leading Worldwide ICT Spending to $4.8 Trillion in 2023

Despite a slowing global economy and the looming trade war between the United States and China, purchases of information and communications technology (ICT) are expected to maintain steady growth over the next five years. A new forecast from International Data Corporation (IDC) predicts worldwide ICT spending on hardware, software, services, and telecommunications will achieve a compound annual growth rate (CAGR) of 3.8% over the 2019-2023 forecast period, reaching $4.8 trillion in 2023.

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Lane Cooper Lane Cooper

3G and 4G Will Drive M2M Service Revenues on Cellular Public Networks to $228 Billion in 2024: ABI Research

The global cellular M2M market will nearly quintuple from over 620 million connections in 2019 to 3 billion connections in 2024, according to a new report by global tech market advisory firm, ABI Research. While connection revenues will double to $32 billion over the forecast period, these revenues will account for just 14% of all cellular M2M value-added services revenues in 2024. To capture greater share of the M2M revenue opportunity, global operators must expand their horizontal capabilities, partner with vertical specialists, and move up the value stack.

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New IDC Spending Guide Sees Strong Growth in Blockchain Solutions Leading to $15.9 Billion Market in 2023

Worldwide spending on blockchain solutions is forecast to be nearly $15.9 billion in 2023, according to a new update to the Worldwide Semiannual Blockchain Spending Guide from International Data Corporation (IDC). IDC expects blockchain spending to grow at a robust pace throughout the 2018-2023 forecast period with a five-year compound annual growth rate (CAGR) of 60.2%. Blockchain spending in 2019 is forecast to be $2.7 billion, an increase of 80% over 2018.

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Lane Cooper Lane Cooper

Security and Monitoring Driving Smart Home Market Growth, Futuresource Consulting Says

Uptake of smart home devices continues apace and is on track to ship 137 million units in 2019, worth $16 billion in trade value, according to a new market report from Futuresource Consulting. That represents a 37% volume increase on 2018, with a slowdown in home hub sales being eclipsed by accelerating growth in other categories. And although growth remains strong, it is now tracking slightly below previous Futuresource forecasts.

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