Technology Used to Reduce COVID-19 Contamination Risks
Enabling contactless customer interactions, from using smartphones for ordering in restaurants to controlling self-service kiosks with hand gestures, these solutions are reducing the risk of exposure to germs by making customer interactions touchless.
via CB Insights
CES 2020: Why 5G-Enabled Devices will Emerge Slowly
“5G in 2020 will feel like 3G in 2004 or 4G in 2010. It won’t enable new business or marketing use cases due to a lack of critical mass – and will primarily remain a hot debate between telcos, network equipment vendors and industrial firms.”
via Forrester
How 5G Will Generate $6.2 Trillion in Service Revenues
Fifth-generation (5G) wireless is expected to have 12 million connections worldwide by the end of 2019. The number of 5G connections will then grow rapidly to 205 million worldwide at the end of 2020.
Why Device Vendors Can’t Rely on Bright Shiny Objects
Worldwide shipments of devices — personal computers (PCs), media tablets and mobile phones — will decline by 3.7 percent in 2019, according to the latest worldwide market study by Gartner.
How 5G Will Enable Enhanced Mobile Broadband
“What became clear is that although 5G will eventually enable a whole wealth of new applications and possibilities, for the near-term, it’s primarily focused on faster cellular networks for smartphones, or what the industry likes to call enhanced mobile broadband (eMBB).”
via TECHnalysis
Declining Mobile Device Market Trend Continues
The mobile device market is one of the largest in the IT industry. In Q2 2019 spending worldwide fell by 8% to $86.6 billion; unit shipments were down by 3% to 354 million in the quarter and by 5% to 1.519 billion.
via ITCandor
Smartphone Apps Drive the eRetail Payments Market
According to the latest worldwide market study by Juniper Research, the total transaction value of remote payments for digital and physical goods will exceed $6 trillion by 2024 — that’s a growth rate of 53 percent from 2019.
Global Quest for Elusive Smartphone Growth
Globally the smartphone market is no longer expanding. IDC forecasts an increase of just 1.8% in units to 2023, with volumes rising over the 1.5 billion unit threshold annually after a dip this year. Where does that leave emerging markets, which for many years were a motor of growth?
via IDC
How Financial Services Disruption Created Opportunities
According to Juniper Research, driven by the increasing acceptance of alternative approaches to traditional banking solutions, fintech platform revenues will reach $638 billion by 2024 — that’s up from an estimated $263 billion in 2019.
How Mobile Apps Influence Retailer Revenues
“Retailers have more work to do on their apps to inspire omnichannel shopping. In 2019, smartphones will influence 32.2% of U.S. offline retail sales. With more than $1 trillion on the line, we selected nine top U.S. retailers to see what kind of digital experience they bring to the table online and in-store.”
via Forrester
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