Tag Archive | software

How Fintech is Driving the Digital Banking Services Market

fintech mobile banking market research

While many people now prefer digital banking and online channels, a sizable group still prefer an in-branch experience — particularly when compared with a call to the bank’s customer service center. While this continued to be the case in the past 12 months, it will change as more banks utilize multiple channels.

Source: Digital Lifescapes

IT Security Spending will Reach $101.6 Billion in 2020

IT security market research

IT security issues continue to be top-of-mind for many enterprise organizations. Worldwide revenues for security-related hardware, software, and services will grow from $73.7 billion in 2016 to reach $101.6 billion in 2020, according to International Data Corporation (IDC).

Source: Digital Lifescapes

OpenStack Gains Momentum within the Telecom Sector

OpenStack telecom market research

Informed telecommunications service providers have reduced their infrastructure cost and improved their development agility by adopting open source software.  According to findings from a recent survey, 85.8 percent of telecom industry respondents consider OpenStack to be essential or important to their success.

Source: Digital Lifescapes

Mobility Solution Revenue will Reach $1.7 Trillion in 2020

enterprise mobility market research

Worldwide mobility revenues are forecast to grow from $1.5 trillion in 2016 to more than $1.7 trillion in 2020, according to the latest market study by International Data Corporation (IDC). That’s a compound annual growth rate (CAGR) of 2.2 percent — or about $40 billion in annual revenue gains.

Source: Digital Lifescapes

Blockchain Tech Market will Reach $2.3 Billion by 2021

blockchain technology market research

The blockchain technology market size is estimated to grow from $210.2 Million in 2016 to reach $2.3 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5% during the forecast period. The blockchain ecosystem already comprises of numerous IT vendors, such as IBM.

Source: MarketsandMarkets

IT Infrastructure Evolves as LoB Leaders Drive Change

hyper-converged IT market research

Organizations with smaller IT teams, and many others, have already adopted hyper-converged technologies. According to 451 Research, hyperconverged infrastructure is used at 40 percent of companies, with more deployments expected during the next two years.

Source: Digital Lifescapes

Big Data and Analytics Revenue will Reach $203B by 2020

big data analytics market research

The data-driven business era is creating demand for new products and services. Worldwide revenues for big data and business analytics (BDA) will grow from $130.1 billion in 2016 to more than $203 billion in 2020, according to International Data Corporation (IDC).

Source: Digital Lifescapes