Banking with Blockchain will Increase Money Transfers
Global remittances totaled $613 billion in 2017, marking a 7% increase from $573 billion in 2016. Factors such as stricter immigration policies have possibly resulted in an increase in the number of remittance payments this year, and the 2018 figures are expected to rise accordingly.
5G Network Infrastructure Revenue to Reach $26 Billion
Combined, IDC expects the total 5G and 5G-related network infrastructure market (5G RAN, 5G NG core, NFVI, routing and optical backhaul) to grow from approximately $528 million in 2018 to $26 billion in 2022 — that’s a compound annual growth rate (CAGR) of 118 percent.
Global Smartphone Shipments Decline, Again
Smartphone vendors shipped a total of 355.2 million units during the third quarter of 2018, resulting in a year-over-year decline of 6 percent. This was the fourth consecutive quarter of year-over-year declines for the global smartphone market.
via IDC
Telecom Service Providers Explore More AI Applications
Savvy CIOs and CTOs at communication service providers are busy developing comprehensive strategies for the application of cognitive systems that enable new types of automation. The market leaders are currently engaged in numerous pilot and production projects that are a catalyst for further innovation.
How Mobile and Digital Media Sustain Advertising
According to Magna, 2018 will be a record year for overall advertising sales, which are expected to reach $207 billion for the full year. Growth will continue through to 2019, where a 4% increase is anticipated, slightly down on its 2018 forecast of 4.7%.
In-Store Retail Technology Innovation Gains Momentum
According to the latest worldwide market study by Juniper Research, retail spending at new frictionless payment stores — such as Amazon Go — will increase from an estimated $253 million in 2018 to over $45 billion by 2023.
Why Android Dominates Smartphone Software Apps
Since 2010, the smartphone landscape has changed beyond recognition. Unit sales have exploded, growing from 297 million to over 1.5 billion today, and squabbles over market share have been replaced by the ascendancy of two powerful platforms. The winner: an open source OS.
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