With more pressure to drive efficient growth during disruptive times, there are three trends that will impact CMOs in 2023, according to Gartner, Inc. “In order to meet the enterprise mandate of driving growth amid continued disruption, CMOs must act decisively to prioritize their investments and their strategy for the year ahead,” says Ewan McIntyre, chief of research in the Gartner Marketing practice.

Global revenue for games could grow by more than 50% over the next five years, according to new research by Bain & Company. Research shows that industry growth is being accelerated by heavy engagement of younger gamers (ages 13 to 17) who spend about 40% more time in video game environments than with any other form of media.

The metaverse is anticipated to become a platform where people spend time with social communities, consume media, and participate in virtual events and sports. Frost & Sullivan finds that the metaverse will be an interconnected network of virtual worlds that will eventually become an extension of the real-world economy.

The growth of connected devices, incorporation of network virtualization functions, and shift to a multi-tenant cloud infrastructure are key factors driving the global Gigabit Ethernet (GbE) testing market. Compared to other markets, the impact of COVID-19 on the Gigabit Ethernet testing market was mild due to the shift to working from home.

As the COVID-19 pandemic unfolded, CIOs faced epic challenges and the road to recovery stretches ahead. For many business leaders, recovery isn't just a return to their former state, but a top to bottom rethinking of what business they need to be in, and how they must be run.

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.