NTT Ltd. has released a Future Disrupted: 2020 report to highlight some of the latest trends that tech companies should be aware of entering the next year. In particular, NTT predicts that 2020 will be a banner year for smart cities and other connected environments, with data, IoT, and automation advances enabling the creation of…
A new report from Grand View Research predicts that the international digital payments market will climb to $132.5 billion between 2019 and 2025. The number represents an astounding CAGR of 17.6 percent during the time period in question. The research firm attributes much of that growth to rapid technology improvements and the increasing prevalence of…
Ericsson has released a new report that suggests that tech providers will need to leverage AI and automation to improve the customer experience on IoT devices. The company also argues that technology alone will not be enough to remain competitive in the upcoming 5G landscape. The communications service providers that succeed will need to make…
According to a new report published by MarketsandMarkets, the global Speech-to-Text Application Program Interface (API) market is set to grow from $1.6 billion in 2019 to $4.1 billion by 2024, with a Compound Annual Growth Rate (CAGR) of 20.6% during the forecasted period. Some major factors fueling this growth have been the growing use of…
The GSMA has released a new report on the state of the mobile industry in Pakistan. The report concludes that the country’s digital transformation is already taking place, and advocates for an ongoing collaboration between public and private institutions. “The government and the private sector must work together to deliver the promise of a digital…
Juniper Research has released a new report that suggests that the Mobile Financial Services (MFS) market is set to explode in the next few years. The firm predicts that the total transaction value of the market will climb from $580 billion in 2019 to more than $1 trillion by 2024. The expansion of the Latin…
Thales and Verint have joined forces to publish The Cyberthreat Handbook, a comprehensive guide to the international cybersecurity landscape. The Handbook examines approximately 60 major groups and 490 individual attack campaigns, offering details about the motive, methods, and targets of the world’s most prominent cybercriminals. The two companies are hoping that the Handbook will help…
Home automation market will hit $116.26 billion by 2026 Transparency Market Research (TMR) has released a new report that forecasts major growth for the home automation market. The report predicts that the market will hit $116.26 billion by 2026, with a CAGR of 6.8 percent over the forecast period. The $116 billion figure represents a…
The demand for biometric technology will continue to grow, according to a new report from Grand View Research. The company’s latest analysis predicts that the biometric technology market will hit $59.31 billion by 2025, with a CAGR of 19.5 percent during the 2018-2025 forecast period. The overall pattern is in keeping with similar reports from…
Mobile technology is playing a vital role in the ongoing economic development of Tanzania. A new GSMA report found that the country’s mobile operators generated $2.5 billion in value in 2016 alone, a figure that represents 5.2 percent of the country’s GDP. The mobile industry also creates jobs for around 1.5 million Tanzanian people, which…
Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…
“The increase in strong authentication adoption makes sense given that while data breaches, phishing threats and regulatory pressures have risen, the financial and user experience costs associated with implementing strong authentication have decreased.” – Al Pascual, SVP and Research Director, Javelin Strategy & Research Finally, some good news about the current state of digital security:…
The 5G future is on the way. We just don’t know what it will look like, or how much consumers will be willing to pay for a high speed premium. That’s the takeaway from two new Consumer Survey reports published by GSMA Intelligence during CES 2019. Together, The Future of Devices and 5G’s Great Expectations…
New statistics on data breaches from Australian officials suggest that “this problem isn’t going away any time soon,” suggests Gemalto. As the company’s latest blog post explains, the Office of the Australian Information Commissioner implemented its Notifiable Data Breaches scheme in late February, introducing new requirements compelling organizations to notify individuals of data breaches that…
“Shanghai’s Hongqiao airport, London’s Heathrow, and Atlanta’s Hartsfield Jackson have all announced deployments or enhancements of existing passenger processing systems based on facial recognition technology.” Acuity Market Intelligence is pointing to deployments of biometric passenger processing technology announced this week at three major airports as validation of the market research firm’s predictions about the rise…
