Latest News & Executive Interviews
Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $500 Billion in 2022
Worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion, up from $410.9 billion in 2021, according to Gartner. In 2023, end-user spending is expected to reach nearly $600 billion.
BizTechReports: Advanced HDR By Technicolor Showcases Innovative High Dynamic Range Solutions for Content Production, Distribution and Display at NAB Show
As the media and entertainment industry convenes at the 2022 NAB Show in Las Vegas on April 23-27, executives from Advanced HDR by Technicolor® will be on hand to showcase its new “round-trip” feature that automates the SDR-HDR and HDR-SDR conversion process for live-TV and post-production operations while maintaining the original intent of the content creators.
Strategy Analytics: China's Dual Credit Policy - Winners and Losers in 2020
China's Dual Credit policy has been in place for the past several years and has been a key driver for the rapid growth of the New Energy Vehicle (NEV) segment in China. OEMs like Tesla and BYD with a focus on BEVs (battery electric vehicles) posted the best results while traditional OEMs, including major international players such as Toyota, GM, VW and Honda struggled.
Contactless Ticketing Smart Card Shipments Saw a Post-COVID Recovery of 6% in 2021
While many countries are still in various states of reduced transit services, the chipset shortage will make its presence known in 2022, causing a shortfall in supply for lower ASP end markets and resulting in a drop in 2022 shipments to just under 290 million.
Gartner Says Worldwide Semiconductor Revenue Grew 26% in 2021
Worldwide semiconductor revenue totaled $595 billion in 2021, an increase of 26.3% from 2020, according to final results by Gartner, Inc.
UGTF Unites Global Technology Community to Provide Accountability in Delivery of Aid and Services to People Trapped in War Zone
Interruptions in the supply chain and lack of reliable communication are exacerbating the distribution of food, health care and housing for people who are either trapped in the war zone or are seeking refuge in neighboring countries. In the fog of war, a lack of transparency leads to the absence of accountability for people who want to know the resources they direct to Ukraine arrive and are provided to the people who need the most help.
Worldwide PC Shipments Declined 7.3% in First Quarter of 2022, Forecasts Gartner
Worldwide PC shipments totaled 77.5 million units in the first quarter of 2022, a 7.3% decrease from the first quarter of 2021, according to Gartner, Inc. A sharp drop in Chromebook sales significantly contributed to the overall market decline.
As Ukrainians Stop Work to Defend Their Country, Tech Professionals Worldwide Volunteer to Pick Up The Slack and Keep Pay Checks Flowing
Ukraine is a major contributor to the global tech community, with 250,000 highly-skilled individuals well known for their talent and commitment, often involved in mission-critical projects. Companies are now scrambling as the workers they count on are pushed out of the picture. These employees cannot move forward on daily tasks and worry they may not have a job to return to when the dust settles.
Asset Visibility Market Opportunity in the Pharmaceutical Industry Worth $2.7 Billion by 2026
Pharmaceutical manufacturers, distributors, and transportation providers all face unique pain points within their supply chain operations. As a result, these enterprises are looking at asset visibility as a way not only to mitigate costs but to use it as a competitive advantage and to generate higher-quality supply chain data both at an item level and at a network level.
Frost & Sullivan Finds Contract Development and Manufacturing Organizations Shifting Focus to Meet Future Demand
Transformational forces are influencing the global contract development and manufacturing organization (CDMO) market’s growth. Disruptive, innovative business models and technologies mandate the need to commercialize personalized therapies and focus on improvements in manufacturing technologies.
Hardware Optimization Promises Up To a 70% Improvement in 5G Power Consumption, States ABI Research
5G networks are reaching scale in many developed nations, delivering an exceptional user experience and higher data rates to consumers and enterprise users. 5G has proven to be 90% more energy-efficient than 4G in terms of energy consumption per unit of traffic.
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.
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.
Enterprise Needs and Consumer Wants Propel Demand for 5G Network Infrastructure Reports Frost & Sullivan
Frost & Sullivan finds that global demand for 5G network infrastructure by communication service providers (CSPs) is considerable and driven by consumer and enterprise needs. The consumer market drove 4G revenues for CSPs and will still be essential in 5G, but there is little room for growth.
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.
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.
Gartner HR Research Finds 65% of Women Report the Pandemic Has Made Them Rethink the Place of Work in Their Lives
A Gartner survey of 3,515 employees revealed 65% of women report the pandemic has made them rethink the place that work should have in their lives. Nearly 70% of women with children agree the pandemic has changed how they value certain aspects of their life outside of work.
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.
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.
Fueled by the Buildup to the Metaverse, the CDN Market is Forecasted to Hit $24 Billion by 2030, Finds ABI Research
ABI Research, expects the global CDN market to more than double by 2030, reaching $23.9 billion. This growth is driven in part by expanding its presence in services beyond core content delivery and caching, which includes security (network, content, and enterprise) and edge computing.