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Industrial IoT Applications will Blossom in Asia-Pacific

internet of things market research

The industrial IoT (IIoT) market will add more than 13 million new wireline and wireless connections worldwide in 2017 to an installed base exceeding 53 million connections, according to the latest study by ABI Research.

Source: Digital Lifescapes

Why LoB Spending on IT will Reach $609 Billion in 2017

LoB IT spending market research

Worldwide corporate IT spending funded by Line of Business (LoB) units will reach $609 billion in 2017 — that’s an increase of 5.9 percent over 2016, according to the latest market study by International Data Corporation (IDC).

Source: Digital Lifescapes

Global Servers Market will Reach $71 billion by 2021

global server market research

The increasing use of Big Data analytics across industries is spurring the need for servers with high processing capabilities. The increasing number of IoT applications also generates massive data, network traffic, and demand for real-time analytics, resulting in the production of new server designs and methods of deploying compute capability.

Source: Technavio

European Mobile Market Growth Transformation in Action

Western European mobile market research

Consumer appetite for smartphones and mobile-first business strategies are likely to create ongoing demand for mobile communications infrastructure across the globe, but some markets that are already saturated will start to evolve and transform in the coming years. Market maturity creates new opportunity.

Source: Digital Lifescapes

IoT Predictive Maintenance Revenue will Reach $11 Billion

IOT predictive maintenance market research

IoT Predictive Maintenance will reach a CAGR of 39% during 2016-2022, with annual technology spending reaching $10.96 billion by 2022. That’s based on the Predictive Maintenance related revenue of leading technology companies, across 13 industries and 7 technology areas.

Source: IoT Analytics

Huge Upside for Internet of Things in the Retail Sector

internet of things market research

The outlook for retailers have changed dramatically over the last few decades. This sector of the economy has shifted from a cash-driven, supply-driven industry to one that is very digitally-focused. The Internet has transformed retail. Where competition is most intense, innovation and market disruption are ongoing.

Source: Digital Lifescapes

Why the Financial Services Sector Embraced Hybrid Cloud

Financial Services Cloud Market Research

Calculations performed for Reuters by research firm IDC Financial Insights show the biggest global banks saving $15 billion by 2019 from cloud adoption, cutting technology infrastructure costs by 25 percent.

Source: Reuters