Tag Archive | mobile

Smartwatch Market Demand Fades in Third Quarter 2016

smart watch market research

The worldwide smartwatch market growth slowed in 3Q16, resulting in a year-over-year decline in shipment volumes. According to data from IDC, total smartwatch volumes reached 2.7 million units shipped in 3Q16 — that’s a decrease of 51.6% from the 5.6 million units shipped in 3Q15.

Source: IDC

How Fintech is Driving the Digital Banking Services Market

fintech mobile banking market research

While many people now prefer digital banking and online channels, a sizable group still prefer an in-branch experience — particularly when compared with a call to the bank’s customer service center. While this continued to be the case in the past 12 months, it will change as more banks utilize multiple channels.

Source: Digital Lifescapes

Retail Spend via Mobile will Reach $2.1 Trillion by 2021

online mobile retail market research

According to Juniper Research, the integration of technologies such as bots and natural language interfaces will lead to remote goods purchases by mobile totaling $2.1 trillion by 2021. That growth represents a 100 percent increase from the anticipated spend on physical and digital goods in 2016.

Source: Digital Lifescapes

Why the Next Billion Internet Users Need Infrastructure

mobile internet market research

Today more than 4 billion people are still not online, according to the World Economic Forum. That is greater than 55% of the global population. Some, who live in poor or rural areas, lack the infrastructure.

Source: World Economic Forum

Telecom Providers Embrace Cognitive App Development

cognitive telecom market research

Mobile internet applications are evolving rapidly. Cognitive computing technologies will inspire telecom service providers to profoundly change their business model in new creative ways. Deploying intelligent voice control apps on smartphones was just the beginning of this trend.

Source: Digital Lifescapes

International Mobile Money Transfer Market Upside

mobile money transfers market research

We’re seeing a lot of new investment in Fintech start-up companies, and for good reason — money transfers and mobile payments are a huge upside opportunity. In 2015, international remittances totaled $582 billion, with approximately $440 billion remitted to developing countries.

Source: Digital Lifescapes

Contactless POS Transactions to Reach $500 Billion by 2017

contactless POS payment market research

A new market study by Juniper Research has found that the value of contactless POS terminal transactions — conducted in-store via cards, mobile phones and wearables — will approach $500 billion annually by 2017; that’s up from an estimated $321 billion this year.

Source: Digital Lifescapes