An IT talent shortage already beleaguers 69% of enterprises, and the COVID-19 pandemic and global recession will exacerbate the problem. According to Everest Group, 75% of enterprises believe there will be a talent shortage for key roles in IT, analytics and special skills areas post-COVID-19. In fact, 67% of enterprises think new skills gaps will emerge as a result of the structural changes in business occurring in response to the pandemic.

One of the most potent levers enabling digital transformation today is Intelligent Automation in Business Processes (IABP). The IABP market will endure muted growth in 2020 due to COVID-19 but experience a strong resurgence when global economies emerge out of the pandemic crisis.

The business intelligence (BI) and analytics platforms market is likely to experience steady growth because of the rising need to improve business efficiency and the increasing use of smart connected devices. Rising at a compound annual growth rate (CAGR) of 10% , the market is estimated to have an incremental growth of $12.62 bn by 2024. Download Free Sample Report

Frost & Sullivan’s recent analysis, Global Big Data Analytics Market Fueling Artificial Intelligence, 2020, finds that the demand for Big Data Analytics (BDA) will surge exponentially. Data security is a prime concern across sectors with the increasing deployment of the Internet of Things and proliferation of devices, which create copious amounts of data.

Due to the nature of cyber-physical systems (CPSs), incidents can quickly lead to physical harm to people, destruction of property or environmental disasters. Gartner analysts predict that incidents will rapidly increase in the coming years due to a lack of security focus and spending currently aligning to these assets.

The worldwide public cloud services market, including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew 26.0% year over year in 2019 with revenues totaling $233.4 billion, according to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker.

Research identifies the importance of TV streaming platforms and devices in the emergence of internet video services such as Netflix, Amazon Prime Video and Hulu. Streaming video is increasingly viewed on TV screens rather than mobile devices, particularly during the pandemic, and TV streaming platforms will become a dominant force in video streaming in many countries as demand for traditional pay TV, broadcast and home video platforms declines.

Competition in the antenna vendor market is heating up as 5G rolls out and market share is coming under serious pressure. In its recent analysis of the worldwide mobile cellular 4G and 5G antennas market, Huawei remains the market leader in the base station antenna market, retaining a first place in both the market share and vendor rankings.

The 2020 Gartner, Inc. Hype Cycle for Endpoint Security features two technologies that will have transformational impact on global businesses within the next 10 years. Bring your own PC* (BYOPC) security will reach mainstream adoption in the next two to five years, while it will take five to 10 years for mainstream adoption of secure access service edge (SASE) to take place.

Global spending on artificial intelligence (AI) is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024. According to the International Data Corporation (IDC), spending on AI systems will accelerate over the next several years as organizations deploy artificial intelligence as part of their digital transformation efforts.

The cloud storage market size was valued at $46.12 billion in 2019, and is projected to reach $222.25 billion by 2027, growing at a CAGR of 21.9% from 2020 to 2027, according to ResearchandMarkets.com. Among the key findings by analysts in a report released this summer, the solution segment dominated the cloud storage market share.

With the increasing popularity of the mobility trend and growing connectivity demands, enterprises are finding new ways to modernize their networks and expand their networking capabilities. Enterprise networking solutions enable them to ensure that their networks are optimized for reliability and managing network components such as switches, cabling, and routers.

COVID-19 has accelerated retail’s transition to a digital future, but new research from Bain & Company reveals that Asia-Pacific will get there first. Representing about three-quarters of the world’s retail growth and boasting advanced digital maturity, online sales growth and ecommerce are rising dramatically in the region, offering other markets a glimpse at the future.

The global blockchain market is set to gain momentum as companies invest in research centers to develop and implement blockchain technology in their operations, according to a recent report from Fortune Business Insights.

“COVID-19, digital transformation, sudden facility shutdowns or an expansion into a new market – all of those incidents disrupt supply chain organizations. A strong culture of quality is critical during times of transformation,” said Bryan Klein, research director with the Gartner Supply Chain Practice.

International Data Corporation (IDC) recently published new survey results that explore the current buying trends and preferences for legal technology software within the eDiscovery, contract life-cycle management, and enterprise legal management markets.

Frost & Sullivan’s recent analysis, 5G and Edge Computing—Cloud Workloads Shifting to the Edge, Forecast to 2024, finds that edge computing is a foundational technology for industrial enterprises as it offers shorter latencies, robust security, responsive data collection, and lower costs.

Frost & Sullivan’s recent analysis, New Trade and Supply Chain Mega Trends to Transform the Global Economy in 2020, predicts that the destabilizing impact of the COVID-19 pandemic on the macroeconomic fundamentals will cause the global economy to contract by 3.6% in 2020.

82% of Original Equipment Manufacturers (OEMs) in the asset tracking space have adopted or are releasing products using cellular LPWAN connectivity, according to ABI Research, a global tech market advisory firm. An analysis of 43 major OEMs of asset tracking devices found that the hardware ecosystem is increasingly diversifying its hardware product offering, as well as integrating further downstream services.

The media and entertainment industry is exploring opportunities to take advantage of 5G networks as the deployments start rolling out in many markets. Although most of the media and entertainment industry is focused on using the 5G network for content distribution and delivery, the superior capacity provided by 5G technology creates opportunities in content production.