Tag Archive | software

How New Services will Advance the Internet of Things

internet of things market research

As the Internet of Things (IoT) market matures during 2017, there’s an increased focus on IoT service development, as more vendors explore the various new applications that are helping to stimulate growth in the sector. That said, many more devices will be ‘online’ this year. Many for the first time.

Source: Digital Lifescapes

Smart Home Revenue will Reach $195 Billion in 2021

smart home market research

Smart home automation and monitoring devices will grow to over 770 million globally by 2021, representing an eleven-fold rise from just 68 million estimated in 2016, according to the latest market study by Juniper Research.

Source: Digital Lifescapes

Digital Assistants are Gaining Adoption on Smartphones

digital assistant market research

Many smartphone users are regularly searching for information through voice commands with virtual digital assistants such as Google Now, Siri, Cortana and Alexa. Nearly 27% of those polled use voice search assistants once a week, and 22% already use them daily.

Source: eMarketer

Virtual Reality Platforms Gain Many New Use Cases

virtual reality market research

With an influx of standalone VR devices, a greater range of use cases will be explored, broadening the gaming-focused VR market of today. Furthermore, ABI Research anticipates a total market size of $64 billion by 2021.

Source: Digital Lifescapes

Research: Software-Defined Perimeter for the Cloud

cloud security market research

Cloud adoption has soared, and yet recent surveys indicate that security is still a concern. Over 67% of respondents indicated that an inability to enforce corporate security standards represents a barrier to cloud adoption, while 61% noted that compliance concerns pose a barrier.

Source: Cloud Security Alliance

Worldwide IT Spending will Reach $2.4 Trillion in 2017

IT digital transformation market research

Worldwide vendor revenues for IT products and services are forecast to reach nearly $2.4 trillion in 2017 — that’s an increase of about 3.5 percent over 2016. IDC estimates that global IT spending will grow to nearly $2.65 trillion in 2020 — at an compound annual growth rate of 3.3 percent.

Source: Digital Lifescapes

New Enterprise Machine Vision Applications Gain Momentum

AR VR machine vision market research

“Machine vision is the driver behind advanced mobile AR solutions, particularly in education and marketing, and will define the future success of mixed reality solutions in the enterprise,” said Shelli Bernard, research analyst at ABI Research.

Source: Digital Lifescapes