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Network Function Virtualization Revenue to Reach $38 Billion

NFV SDN market research

Open source hardware and software projects continue to gain momentum in the global telecom sector. However, after a relatively slow start, the Network Function Virtualization (NFV) market will experience growth through ongoing technology investments by major telecommunication service providers.

Source: Digital Lifescapes

More IT Workloads Shift to Cloud Services in 2017

cloud computing market research

Cloud computing services continue to grow, as more organizations discover the benefits of hybrid cloud solutions. The worldwide cloud infrastructure services market grew significantly in the first quarter of 2017, up by 42 percent year-on-year to reach $11.4 billion, according to Canalys.

Source: Digital Lifescapes

Compelling Economics of AI and Machine Learning Apps

AI machine learning market research

Are you ready for the Cognitive Systems era? If not, have you at least updated your business technology plan? Evolving the CIO role, and preparing a company for the impact of artificial intelligence (AI), is a high priority at many forward-looking enterprises.

Source: Digital Lifescapes

Smartphone Payment Apps will Reach 5.3 Billion Devices

android-pay

Mobile payment service app adoption is on the rise. According to the latest worldwide market study by IHS Markit, 3.4 billion smartphones will be ready for Apple Pay, Samsung Pay and Google’s Android Pay by the end of 2017 — that will increase to 5.3 billion devices by 2021.

Source: Digital Lifescapes

Mobile App Usage is Much More Focused in U.S. Market

US mobile app market research

In 2017, according to the latest study, the average U.S. adult will spend 2 hours, 25 minutes per day using mobile apps — that’s a jump of 10.3% over last year, and slightly higher than previously forecast.

Source: eMarketer

Chatbots on Mobiles will Reach 2 Billion Apps by 2021

mobile chatbot market research

Juniper Research forecasts that OTT messaging applications — such as WhatsApp and WeChat — will see adoption grow from 2.3 billion unique users in 2016 to 4.2 billion by 2021, representing a growth of over 12 percent compound annual growth rate (CAGR).

Source: Digital Lifescapes

Mobile Biometric Authentication will Transform Payments

mobile biometric payments market research

Companies identified by Juniper as ‘biometric disruptors’ are those they perceive as having capabilities to transform the wider mobile commerce ecosystem through the implementation of their platforms.

Source: Digital Lifescapes