Tag Archive | technology

Why Blockchain will Transform Traditional IT Investment

blockchain fintech market research

Securities industry incumbents will remain resistant even though open, decentralized systems can reduce the need for massive investments in computer hardware and IT security, as well as nearly eliminate the costs involved in clearing and settling trades. They don’t yet realize that the value proposition of the blockchain is embedded in decentralization.

Source: American Banker

Smart Machines will Transform Labor-Intensive Industries

smart machine market research

The progress in technologies such as artificial intelligence, internet of things, cloud computing, robotics and intelligent mobility have set the stage for cognitive or sentient tools to emerge onto the global market.

Source: Digital Lifescapes

Technology, Media and Telecom M&A Reached $698.2 Billion

Davos WEF market research

The savvy CEOs anticipate that trends in 2017 are likely to follow the path of disruptive events in 2016. Change is the norm. Digital technology will continue to have a dramatic impact on legacy players in the marketplace.

Source: Digital Lifescapes

Mobile Augmented Reality will Drive $108B VR/AR Market

mobile AR VR market research

Mobile AR could become the primary driver of a $108 billion VR/AR market by 2021 (under-perform $94 billion, outperform $122 billion) with AR taking the lion’s share of $83 billion and VR $25 billion.

Source: Digi-Capital

Robotic Drone Revenue will Reach $20 Billion in 2020

robotics drone market research

Worldwide spending on robotics and related services will more than double by 2020, growing from $91.5 billion in 2016 to more than $188 billion in 2020, according to the latest market study by International Data Corporation (IDC).

Source: Digital Lifescapes

Smart Home Revenue will Reach $195 Billion in 2021

smart home market research

Revenues from smart home hardware and services will reach $83 billion this year, rising to $195 billion by 2021, according to Juniper Research. This revenue upside will be generated through entertainment, automation, healthcare and connected devices.

Source: Digital Lifescapes

Why Autonomous Vehicle Adoption will Grow Slowly

Autonomous Vehicle market research

By 2025, just about 15 percent of new passenger car sales worldwide will be autonomous vehicles, with either conditional or full autonomy (level 3 or level 4) capabilities, according to the latest market study by Canalys.

Source: Digital Lifescapes