Events of the past year have upended the procurement industry, illustrating the fragility of a complex international supply chain and forcing a sea change in the industry. However, according to the 2021 Supply Chain Insights Global Survey from IHS Markit, supply chain professionals often lack the tools, data and platforms needed to diversify their supply chains and optimize their processes.

Electric vehicle (EV) registrations in the US in 2020 reached record market share of 1.8%, demonstrating increased consumer interest for electric vehicles, according to new analysis from IHS Markit (NYSE: INFO), a world leader in information, analytics and solutions.

Parks Associates today released a new Quantified Consumer study, COVID-19: Impact on Communications and Entertainment, which reveals that in 3Q 2020, more than 50% of US broadband households reported that their broadband usage has increased since the start of the COVID-19 crisis.

A strong rebound of renewable installations, a continued surge in green hydrogen growth and a focus on recycling will be among the key themes in the Clean Technology space this year, according to a new report on the Top Cleantech Trends to watch in 2021 by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions

IHS Markit forecasts new light vehicle sales of 83.4 million globally in 2021, up 9% from a 2020 projection of 76.5 million, as industry demand levels emerge next year in the wake of recovery from the COVID-19 pandemic. The forecast assumes that effective vaccines will be widely available by mid-2021, although full availability is not expected until sometime in 2022.

A multitude of supply, demand, cost and sustainability conditions are poised to drive a rapid expansion of the battery recycling industry, more than tripling its capacity by 2030, according to a new analysis by IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.

A total of 59 percent of North American enterprises sourced their cloud services from hyperscalers in 2019, a sum that will rise to 65 percent in 2021, according to survey results from IHS Markit | Technology, now a part of Informa Tech.

LG U+ holds an edge over the competition in Seoul by delivering the fastest 5G speeds and lowest latency among all networks, while also providing outstanding 5G data reliability, according to a new IHS Markit First Look report.

Rising from negligible levels this year, the global market for microLED displays is expected to grow to 15.5 million units in 2026 as steep declines in manufacturing costs make the emerging technology suitable for the mass market, according to  IHS Markit’s Micro LED Display Technology & Market report.

Enterprises are expanding their use of multi-cloud to support their organizations’ increasing need for varied cloud-based applications and IT infrastructure.

Microsoft in 2018 became the market share leader for total off-premises cloud service revenue with 13.8 percent share, bumping Amazon to the #2 spot with 13.2 percent; IBM was #3 with 8.8 percent revenue share, according to IHS Markit. Microsoft’s success can be attributed to its comprehensive portfolio and the growth it is experiencing from its more advanced PaaS and CaaS offerings.

More than 13 percent of internet users surveyed across the Australia, Brazil, Canada, Germany, India, Japan, the United Kingdom and the United States had access to a smart speaker in their households in November 2018. Smart speaker penetration ranges from 6 percent in Japan, to 21 percent in the United States, according to business information provider IHS Markit.

Amazon (AWS), Google, IBM, Microsoft (Azurea) and Alibaba were named “leaders” by IHS  Markit's new scorecard on off-premises cloud IT service providers.
“Leadership in the cloud IT infrastructure services market requires a diverse portfolio, and all of the leaders have strong brand awareness and a reputation of innovation,” said Devan Adams, principal analyst, cloud and data center research practice, IHS Markit.

Revenue from SD-WAN (appliance + control and management software) reached $284 million in 3Q 2018, up 23 percent quarter-over-quarter (QoQ), according to a new report from IHS Markit.

After declining unit-shipment volumes in 2017, global TV shipments are forecast to grow 3.6 percent year over year in 2018, with additional 1.4 percent growth in 2019, according to a new report from business information provider IHS Markit.

Tight supplies of display panel materials and components, such as driver integrated circuit (IC), glass substrate and polarizer, are expected to slow the decline rate of liquid crystal display panel costs, according to IHS Markit.

Eighty-two percent of mobile operators participating in a 5G study conducted by business information provider IHS Markit are busy trialing and testing the technology, mainly in North America and Asia, with 12 percent -- all from North America -- planning commercial 5G rollouts by year’s end.

Service providers are investing in their data centers (DCs) to improve scalability, deploy applications rapidly, enable automation, and harden security, according to the Data Center Strategies and Leadership Global Service Provider Survey from IHS Markit.

The transformation of the access network is in full swing, buoyed by fundamental changes in how people work, the devices they use and the adoption of new business processes centered around mobility and digital information, according to a study released by business information provider IHS Markit.

As smart functionality makes its way into homes and businesses, two devices are gaining a foothold into broader ecosystems to maximize growth and revenue opportunities: smart speakers and smart meters. According to IHS Markit, by the end of 2021, there will be an installed base of 328 million smart speakers and more than 1.13 billion smart electricity, water and gas meters.