Frost & Sullivan’s recent analysis finds that data science tools are promising technologies transforming drug discovery costs, speed, and efficiency. When combined with other emerging tech areas, artificial intelligence (AI) technologies move to the next phase of advancements.

The global smartphone applications processor (AP) market once again defied the COVID-19 pandemic and grew 20 percent in revenue terms to $5.8 billion in Q2 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report.

The big supply-side story from the Internet of Things (IoT) in 2019 was the rise of Chinese vendors to the number 1 position in cellular module shipments and revenue, for the first time.

From near-instantaneous traffic updates to alerts when another vehicle stops short or violates a red light, new and proliferating wireless sources of real-time information have begun to revolutionize the driving experience and represent the building blocks of a safer and better transportation environment.

If history is any indication, dealmakers have reason to be cautiously optimistic about a near-term revival of the M&A market. A study by Boston Consulting Group (BCG) in collaboration with Professor Sönke Sievers of Paderborn University finds that, after a sharp decline, monthly M&A deal volume has already returned to the low end of the historically normal level.

Frost & Sullivan’s recent analysis reveals that business support systems (BSS) are necessary to provide the fast-changing requirements in 5G and enhance customer experiences. They also help communication service providers (CSPs) deliver personalized service experiences for consumers and businesses. The research profiles three leading BSS providers and their solutions.

Companies spent the equivalent of around $15 billion extra a week on technology to enable safe and secure home working during COVID-19. This was one of the biggest surges in technology investment in history – with the world’s IT leaders spending more than their annual budget rise in just three months, as the global crisis hit, and lockdowns began to be enforced.

The Virtual Reality (VR) market is expected to grow in 2020, passing US$4.6 billion despite some negative impacts from the COVID-19 pandemic. The location-based VR segment has been hit the hardest, with closures (both temporary and permanent) and reduced foot traffic – the pandemic also engendered some supply chain issues and in-demand devices, like the Oculus Quest, have faced stockouts.

Globally the Consumer Electronics (CE) market increased in value during 2019, adding just over $3 billion to present a worldwide total of $683 billion in trade value. Shipments across CE product categories totalled almost 4.4 billion units worldwide, representing a growth of 2.7% year-on-year.

The Internet of Things (IoT) gateways are becoming an increasingly important link in the IoT security and device authentication value chain and emerging as a crucial conduit for intelligent operations across the entire IoT. The new wave of next-generation smart IoT gateways has arrived at an opportune time, enabling a breadth of novel security, intelligence, and authentication operations at the edge

The sudden shock from the COVID-19 pandemic means that conserving cash and containing costs are urgent priorities, now and for the near term at the very least. For industrial companies, this means cutting back on crucial areas of Research & Development (R&D) and Capital Expenditures (Capex).

After years of dominance, traditional radio has reached a turning point in 2020. Powered by strong usage and desirability among key car-buying groups in China, and increasing usage among key groups in the West, streaming media has continued its march onto the dashboard.The COVID-19 pandemic and its related lockdowns have also severely curtailed regular commuting journeys, where much of consumers’ radio-listening originates.

Policymakers should focus on five critical success factors in order to ensure the US continues to build its emerging 5G economy, according to a new report from Boston Consulting Group (BCG). BCG’s study draws on an in-depth analysis of the factors that secured America’s leadership of the 4G economy.

Interest in Long-Term Evolution (LTE) continues to grow, as the issue of internet access equity has been further highlighted by the move to distance learning. In the near-term, school districts utilising Chromebooks or Windows Notebooks have looked to bridge the connectivity gap by deploying mobile dongles, or by utilising mobile hot spots (MiFi).

The Global Sourcing industry is suffering from the negative business impacts of the COVID-19 pandemic. The worldwide setup of Global Business Services (GBS) centers, also known as Global In-house Centers (GICs), fell more than 48% as offshore/nearshore activity dropped 46%, and onshore setups dropped 52% for the quarter.

Global robotic process automation (RPA) software revenue is projected to reach $1.89 billion in 2021, an increase of 19.5% from 2020, according to the latest forecast from Gartner, Inc. Despite economic pressures caused by the COVID-19 pandemic, the RPA market is still expected to grow at double-digit rates through 2024.

Strategy Analytics forecasts that sales of eSIMs for IoT applications will grow to 326 million by 2025, according to a new Strategy Analytics IoT Strategies report “How will eSIM Impact the Future of IoT and what are the Implications for Stakeholders?”

Over the next five years, an exponential rise in digital interactions between buyers and suppliers will break traditional sales models, according to Gartner, Inc. In fact, Gartner’s research shows that by 2025, 80% of B2B sales interactions between suppliers and buyers will occur in digital channels.

COVID-19 initially slowed mobile phone sales in the Asia Pacific and disrupted supply chains and demand for certain 5G-related end verticals. However, it also caused an increase in broadband traffic and 5G use cases such as South Korea using 5G to live-stream its 2020 elections and China deploying 5G-powered smart city robots.

By 2023, 65% of the world’s population will have its personal data covered under modern privacy regulations, up from 10% in 2020, according to Gartner, Inc. While some organizations focused on cost optimization during the global COVID-19 pandemic, it is paramount that they incorporate the demands of a rapidly evolving privacy landscape into their business’s data strategy.