“By 2021, based on lessons learned, over 80% of your competitors will put a mechanism in place to shift to cloud-centric digital infrastructure twice as fast as before the pandemic. By 2023, you will depend upon digital infrastructure as the underlying platform for all of your IT and business automation initiatives, everywhere.”
“The group of countries where fiber has become almost ubiquitous – covering more than 95 percent of homes – has increased to more than 10 . These markets remain predominantly only in selected geographies: Southeast Asia, Persian Gulf, and the Baltics and Iberian Peninsula in Europe.”
via Arthur D Little
Executives say 20% of their ‘overall workforce’ is currently enabled to work remotely. Almost 40% say their employees have trouble accessing their organization’s network. Almost half can’t access the necessary technology and tools to do their work effectively while out of a traditional office.
via IBM IBV
5G technology is estimated to offer internet access at least 40 times faster than 4G LTE. The Europe 5G infrastructure market was valued at $359.3 million in 2019 and is forecast to reach $42.7 billion by 2027, with a CAGR of 85.1% from 2020 to 2027.
via Allied Research
The 2020 IT infrastructure services market will decline -4% to -6%, with lost revenue from $33 billion to nearly $50 billion. Note, the market was slated to grow at a modest rate of 2 to 3 percent. However, the pandemic has led to uncertainties across the globe. SD-WAN networking is one of the few exceptions – it’s still driving growth.
via Everest Group
“Food systems can be disrupted by many factors including natural disasters, civil war and more recently the global pandemic. However, digital infrastructure has the ability to help these food systems navigate through troubling times.”
For the full year, investments in cloud IT infrastructure will surpass spending on non-cloud infrastructure and reach $69.5 billion or 54.2 percent of the overall IT infrastructure spend. “The most effective ‘well-architected framework’ is open, to enable customer choice.”
The number of businesses using asset tracking solutions will reach 90 million in 2020, and exceed 114 million by 2025 — that’s a growth rate of 27 percent over the next five years, according to the latest worldwide market study by Juniper Research.
The total number of large data centers operated by hyperscale providers increased to 541 at the end of Q2 2020. Over 70% of all hyperscale data centers are located in facilities leased from data center operators or are owned by partners of the hyperscale operators.
Developing an IoT business model and commercializing the solution is not simple but it can be a game-changer. In fact, 61% of new study participants claim that it allowed their company to achieve a competitive advantage compared to their competition.
via IoT Analytics