Why COVID-19 Will Accelerate Digital Business Growth
Technology, Media and Telecommunication (TMT) — industries that as a whole touch nearly a third of U.S. GDP — have largely stepped in to fill the void caused by social distancing, allowing us to stay connected, shop from home and keep businesses operating.
via Morgan Stanley
Why the Decline of Journalism is a Threat to Democracy
A recent study found that the use of technology will weaken democracy between now and 2030 due to the speed and scope of reality distortion, the decline of journalism and the impact of surveillance capitalism.
Edelman Trust Barometer: A Failure of Capitalism
“The 2020 Edelman Trust Barometer reveals that despite a strong global economy and near full employment, a majority of respondents in every developed market do not believe they will be better off in five years’ time, and 56 percent believe that capitalism in its current form is now doing more harm than good in the world.”
via Edelman
Technology, Media and Telecom Predictions 2020
“Individual technologies are becoming ever more interconnected and interdependent, increasing their impact and value as a result; smartphones, computers, TVs, enterprise data centers and software, and IoT will drive most of the TMT industry’s revenue; and lastly many previously hyped services and products will finally become a reality in 2020.”
via Deloitte
Global Streaming Music Market Reaches Saturation
From 2018 onwards, streaming music growth will lessen each year, falling from 29% in 2018 to 7% in 2026. The slowdown in revenue growth reflects the maturation of developed streaming markets such as the US, UK, Sweden, Netherlands and Australia.
via Media Research
Digital Games Investment Reached $5.7B in 2018
The Games Report Q1 2019 tracked companies raising $5.7 billion in 2018, which was over twice the previous record investment from 2017. Epic Games’ $1.25 billion was the largest round raised last year, and the largest non-IPO games investment of all time.
via Digi Capital
Technology, Media and Telecom Trends for 2019
“Every TMT sector will experience major upheaval due to emerging technologies such as artificial intelligence (AI), process automation, and the Internet of Things (IoT). Leading incumbents will have to adapt to market conditions that are changing profoundly and at pace, while also fending off challenges from innovative start-ups.”
via GlobalData
More CMOs Seek Agile Digital Polymath Talent
CMOs that invest in their in-house digital marketing capabilities and business model will benefit from a valuable in-house partner to collaborate with external creative and media agency partners. This provides both in-house and external agencies a role.
via Forrester
Technology, Media and Telecom 2018 M&A Trends
By the end of the first half (H1) of 2018, global TMT values had reached $371.1 billion and 1,693 deals, representing a 19 percent share of global M&A. The strong results nearly surpassed H1 2015 record high of $383 billion, which represented a market share of 21 percent, according to Mergermarket.
China Improves Rank in Global Economic Index
In the last few decades, China has made huge progress in science and technology. This new age of innovation has seen the birth of ‘unicorn’ tech companies like media giant Tencent, the ‘Uber of China’ Didi Chuxing, and the world’s biggest drone builder, DJI.
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