Global Digital Health Revenue Will Increase by $200 Billion
Globally, the ‘digital health’ market will grow by close to 20% this year, which amounts to an increase of over $200 billion. While APAC and Africa are expected to see the fastest growth in this sector, North America will hold the largest share of the market.
How Cross-Border Payments Fuel Digital Trade
Within the United States and Canada, overall e-commerce orders have increased by 129% compared with last year. Similarly, the digital payments market is now expected to grow this year by 11% worldwide and as high 15.9% in places like China.
COVID-19: How Mobile Service Providers Have Responded
Mobile network operators in the U.S. are waving some data service fees and increasing data allowances for certain mobile plans, as well as implementing low-cost data plans targeting consumers that previously were not heavy mobile data users.
via ACG Research
Digital Skills Top the U.S. High Growth Jobs List
The U.S. emerging jobs report identified the 15 fastest-growing jobs, as well as the skills and cities most associated with them. The number of artificial intelligence and data science roles continue to expand across nearly every industry.
Why Digital Jobs Growth Shifts to Smaller U.S. Cities
In the U.S., the number of tech jobs is growing at a faster pace in communities with 1-3 million people than in major cities. The coastal giants of New York and San Francisco still have the most, but places such as Raleigh, Salt Lake City and Jacksonville are seeing large increases.
Digital Talent Gap in U.S. Creates New Growth Crisis
In the first half of 2019, tech job postings in the U.S. rose 32% from a year earlier, according to federal employment data analyzed by IT trade group CompTIA. In the past three months, U.S. employers had about 918,000 unfilled IT jobs.
Worldwide IT Spending will Reach $3.74 Trillion in 2019
Global IT spending is projected to total $3.74 trillion in 2019 — that’s an increase of just 0.6 percent from 2018, according to the latest worldwide market study by Gartner. Note, this forecast is slightly down from the previous quarter’s forecast of 1.1 percent anticipated growth.
Spend on Digital Transformation to Reach $6+ Trillion
Many enterprises are now investing in technologies and services that enable the digital transformation (DX) of their business models, products and services. According to the latest market study by IDC, global DX spending will reach $1.18 trillion in 2019 — that’s an increase of 17.9 percent over 2018.
U.S. Video Entertainment Market Disruption Update
U.S. pay-TV ‘cord cutting’ in 2018 increased by 25% from 2017, due to the overall growth of SVOD internet streaming services. Satellite pay-TV providers suffered the largest loss of subscribers, followed by cable and telco service providers.
via MIDiA Research
U.S. Video Gaming Market Reached $43.4 Billion
The U.S. video game industry reached a new record. According to the Entertainment Software Industry, U.S. video game revenue — including hardware, software, peripherals and subscriptions — amounted to $43.4 billion in 2018, that’s up from $36.9 billion in 2017.
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