“The future of consumer buying is not a shift from traditional to digital, nor is it an abandonment of self-service in favor of delivery; it’s all of the above. Consumers want values-based experiences, experimentation, price, and convenience, and they don’t want to make the trade-off.”
More computing power is moving to the edge of mobile networks and it’s going to be amazing. 5G Edge Computing will provide a foundation for the development of enterprise use cases and industry vertical applications. To capture the value at stake, Communications Service Providers (CSPs) will use new data.
“As schools reopen, teachers and administrators alike are looking at ways to redesign the education experience amid COVID-19. We dive into what the tech-enabled education of the future could look like.”
via CB Insights
“The pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. Department stores, as a result, are seeing significant declines. In the first quarter of 2020, department store sales and those from other ‘non-essential’ retailers declined by 25%. This grew to a 75% decline in the second quarter.”
The coronavirus pandemic has led to a surge in remote work. However, that surge is more apparent in the number of remote working days for U.S. telecommuters than in the number of workers moving from on-site to at-home work, according to Gallup.
Total spend over direct carrier billing will reach $100 billion for the first time by 2025 — that’s rising from $37 billion in 2020. The increasing shift to subscription-based models for digital services, such as games, video streaming and music, will be key to realizing a growth rate of 172 percent over the next 5 years.
High-growth companies don’t go it alone. Increasingly, they are achieving results by creating and orchestrating digitally connected ecosystems — coordinated networks of enterprises, devices, and customers — that create value for all of their participants.
via MIT Sloan
With the popularization of mobile robotics in a wide range of industries, more organizations will store the collected data from these robots in public cloud services, and then use that data to train more advanced AI algorithms that enable robot cognition.
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 global intelligent virtual assistant market — including text-to-speech and speech recognition — is projected to reach $50.9 Billion by 2030, growing at a CAGR of ~6% from 2020 to 2030. North America will dominate the market during the forecast period.