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IDC Finds the Initial Consequences of the Russia-Ukraine War on Asia/Pacific ICT Vendors and Technology Buyers

The Russia-Ukraine war has dramatically shifted the global geopolitical landscape. Countries and companies around the world are struggling to respond. While not as exposed as European nations, Asian nations will undoubtedly feel the spillover effects of the economic sanctions on Russia, as will the ICT industry in Asia/Pacific.

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Spurred by Significant Interest and Activity, Total Augmented Reality Market Will Reach $220 billion by 2027

With investment and interest growing exponentially, the augmented reality market is set to grow at an equally significant rate over the next five years. According to ABI Research, nearly 40 million Augmented Reality (AR) smart glasses will ship in 2027, with the total augmented and mixed reality market surpassing $220 billion in the same year.

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ABI Research Finds Smart Credentials Shipments Will Return to Pre-Pandemic Level of 596 Million Units in 2022

According to ABI Research, shipments of smart credentials will return to a pre-pandemic level of 596 million units in 2022, followed by significant growth year-on-year to a forecasted 766-million-unit shipments in 2026. ePassport shipments will rebound to 176 million in 2024, driven by the restored appetite for passport renewal as travel restrictions ease.

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Frost & Sullivan Finds Computed and Direct Radiography to Boost Global X-ray Inspection Systems Market

Frost & Sullivan finds that computed radiography (CR) and direct radiography (DR) application standards offer more benefits than X-ray film-based radiography and will expedite the adoption of X-ray inspection systems worldwide. The digital features of CR and DR application standards are driving wider market acceptance for digital X-ray inspection equipment.

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Integrated Approach to Digital Strategies Elevate Employee Satisfaction to Improve Customer Experiences in the Home Goods Sector

Leading home improvement retailers and manufacturers are redefining how they design, develop and deploy digital strategies to integrate employee (ESAT) and customer satisfaction (CSAT) levels to accomplish critical future-state objectives, according to Christina Cooley, Director of the Home Intelligence Practice with J.D. Power.

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Frost & Sullivan Finds Innovation in Surveillance Technologies Ignites Global Surveillance Solutions Market Growth

Frost & Sullivan finds that the increasing adoption of advanced surveillance systems and technology innovations is accelerating market growth. Innovative features in surveillance technology such as new integration capabilities and analytics offerings are catalyzing the industry, enabling a shift away from legacy analog.

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Parks Associates Finds 38 Million Households had at Least One Member Working Remotely at Home During 2021

Parks Associates’ research finds that over half (54%) of those employed worked remotely throughout the pandemic, with approximately 38 million households having at least one household member working at home during 2021. The research report Work Transformed: Impact on Communications and Technology Markets addresses remote worker demographics, device ownership rates, internet usage, and interest in future communications and broadband services.

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Global Oil & Gas Automation Market to See Positive Growth with Digitalization and New Disruptive Technologies, Finds Frost & Sullivan

Frost & Sullivan’s recent analysis of the global oil & gas automation market finds that digital transformation is occurring on a massive scale due to the need for increased efficiency, safety, and sustainability. New disruptive technologies, including artificial intelligence (AI) and the Internet of Things (IoT), are already in use and driving digital trends across the industry.

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Evolving Intelligence Surveillance and Reconnaissance Technologies Poised to Enhance Emergency Management

Intelligence, surveillance, and reconnaissance (ISR) technologies have long been used to aid the military in finding, fixing, and tracking friendly and hostile elements, as well as assessing damage to targets in areas of interest. While these technologies are recognized as essential tools for the execution of complex military operations, they are now gaining traction as a key element for a vast array of emergency management scenarios.

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Gartner Forecasts India End-User Spending on Security and Risk Management to Grow 9.4% in 2022

End-user spending on security and risk management in India is forecast to total $2.6 billion in 2022, an increase of 9.4% from 2021, according to Gartner, Inc. There is a significant shortage of skilled cybersecurity professionals. Therefore, end-user organizations in India often engage with security service providers to meet their cybersecurity objectives.

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IDC Finds Technology Optimizes the Loan Origination Process for Financial Institutions

Many financial institutions (FIs) have lagged their fintech competitors in the digitization of key banking business lines such as lending. Now FIs have a range of technology solutions as they play catch-up in the lending market to both consumers and businesses alike. Loan origination software is a key enablement for FIs to step up their digitization game not only to improve their lending operations, but also to enhance their customers’ experience.

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Digital Incumbents Fight Back; New Findings From Boston Consulting Group

A new cadre of companies are successfully executing digital transformations and outperforming their digitally native peers. These digital incumbents make up about 30% of the S&P Global 1200 Index and outperformed the index by about 50% over the last three years. Meanwhile, legacy incumbents struggled to drive growth and improve productivity using predominantly traditional levers.

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