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Central Bank of Sweden Considers a Digital Currency

digital currency market research

The central bank of Sweden is considering issuing a digital currency. If the so-called e-krona is introduced, Sweden would be the first European country to have central bank-backed virtual money, just as it was the first to issue paper banknotes more than 300 years ago.

Source: eMarketer

New Cloud Infrastructure Spend will Grow Rapidly in 2017

cloud computing market research

Total spending on IT infrastructure products — server, storage, and networking — for deployment in cloud environments will increase by 18.2 percent in 2017 to reach $44.2 billion, according to the latest worldwide market study by International Data Corporation (IDC).

Source: Digital Lifescapes

The Changing Face of Legacy IT Analysts and Consultants

“Despite their big advantages, the big IT analyst shops face disruption. They face perpetual accusations of pay-for-play bias. Many techies say they know more about the topics than the analyst briefing them.”

Source: The New Stack

Mobile Augmented Reality will Drive $108B VR/AR Market

mobile AR VR market research

Mobile AR could become the primary driver of a $108 billion VR/AR market by 2021 (under-perform $94 billion, outperform $122 billion) with AR taking the lion’s share of $83 billion and VR $25 billion.

Source: Digi-Capital

Artificial Intelligence, Machine Learning, Cognitive Computing

AI cognitive computing market research

Artificial intelligence (AI) or cognitive technology is no longer about a machine playing chess. AI is on the streets driving our cars. It is in our call centers talking to customers. AI is drafting and reviewing legal documents with immaculate precision.

Source: World Economic Forum

Robotic Drone Revenue will Reach $20 Billion in 2020

robotics drone market research

Worldwide spending on robotics and related services will more than double by 2020, growing from $91.5 billion in 2016 to more than $188 billion in 2020, according to the latest market study by International Data Corporation (IDC).

Source: Digital Lifescapes

Why Blockchain Applications will be Pervasive in 2017

global blockchain market research

The blockchain, an emerging form of distributed database first implemented by the digital currency Bitcoin, is gaining wider acceptance and interest in a variety of industries. Many firms in the financial sector already use blockchain technology to handle tasks like payment transactions.

Source: eMarketer