industry trends

Grand View Forecasts $132.5 Billion Digital Payments Market

Grand View Forecasts $132.5 Billion Digital Payments Market

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…

Biometrics Will Drive Vehicle Access Market: Report

Biometrics Will Drive Vehicle Access Market: Report

A new report from Grand View Research is predicting significant growth for the vehicle access control market over the next several years, with biometric technology poised to play an important role. The overall market is forecast to reach a value of $17.3 billion by 2025, reflecting a CAGR of 10.6 percent for the 2019-2025 forecast…

Juniper Forecasts Major Growth for LATAM Mobile Financial Services Market

Juniper Forecasts Major Growth for LATAM Mobile Financial Services Market

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…

Survey Data Illustrates Worrying Cybersecurity Trends for SMBs

Survey Data Illustrates Worrying Cybersecurity Trends for SMBs

“… the survey data suggests that cyberattacks have increased dramatically compared to a base year of 2016: in the US, attacks shot up from 55 percent to 76 percent over that period.” New survey research from the Ponemon Institute is further illustrating the rise of digital security threats and conflicting attitudes about security among small…

Apple’s iPhone 11 Off to a Solid Start at Launch

Apple’s iPhone 11 Off to a Solid Start at Launch

Apple’s new iPhones hit store shelves on Friday, and early signs point to a successful launch. As with previous iPhone launches, the impending release of the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max drew lineups of Apple fans starting on Thursday evening in major cities such as Berlin, London, Singapore, Sydney, and…

Google Follows Apple’s Lead in Pixel 4’s Biometric Tech

Google Follows Apple’s Lead in Pixel 4’s Biometric Tech

“An unusually large amount of information has been leaked about the Google Pixel 4, reportedly because a retailer in Hanoi has been selling nearly-finished samples of the device.” Google is expected to launch its latest flagship smartphone in a matter of weeks, and it looks like the company is going to follow Apple’s lead in…

Isobar Publishes XR Guide for Modern Marketers

Isobar Publishes XR Guide for Modern Marketers

Isobar has released a new “XR Playbook” that teaches marketers how they can take advantage of XR technology in their advertising campaigns. The agency is pitching XR as an innovative foundation for creative experiences that will be more engaging for consumers and help drive future business growth. The report was put together by Isobar-affiliated XR…

5G Infrastructure Market to See CAGR of 76% Through 2026: Report

5G Infrastructure Market to See CAGR of 76% Through 2026: Report

Fortune Business Insights has released a new report that suggests that the 5G infrastructure market is primed to explode in the next few years. The report predicts that the market will grow at an astonishing CAGR of 76.29 percent between 2018 and 2026, climbing from $720.6 million to $50.64 billion during the forecast period. The…

Payments Professionals Are Worried About Cybersecurity Yet Mistrustful of Experts: Survey

Payments Professionals Are Worried About Cybersecurity Yet Mistrustful of Experts: Survey

Professionals in the payments industry are very concerned about cybersecurity, but are at least a little mistrustful of third party solutions providers, suggest the results of TD Bank’s 2019 NACHA PAYMENTS survey. Conducted at the 2019 NACHA PAYMENTS Conference in Orlando this past May, the survey polled just under 500 of the payments industry professionals…

Report: Machine Vision Market Expected to Grow Leading Up to 2024

Report: Machine Vision Market Expected to Grow Leading Up to 2024

“For instance, cameras that can read license plates will enable automated toll collection, while cars with machine vision capabilities would be able to identify cyclists and pedestrians and stop them accordingly…” ResearchAndMarkets.com has released a new report on the machine vision market that forecasts growing demand for 2D and 3D machine vision technology leading up…

AI to Surge in Healthcare Market: Report

AI to Surge in Healthcare Market: Report

Artificial Intelligence is going to play an increasingly important role in healthcare in the coming years, according to a new market forecast from Technavio. The firm predicts that the global healthcare AI market will see a CAGR of 28 percent between 2019 and 2023. This is part of a larger digitization trend underway in the…

ABI Predicts Voice Integration will Boost Home Robotics Market

ABI Predicts Voice Integration will Boost Home Robotics Market

A new report from ABI Research predicts that the integration of smart home technology will fuel the widespread adoption of home robotics. The firm notes that while consumers have been slow to warm to residential robotics, the introduction of smart home features – and voice control in particular – would drastically increase the appeal and…

Grand View Forecasts $1.99 Billion Anti-Money Laundering Market

Grand View Forecasts $1.99 Billion Anti-Money Laundering Market

A new report from Grand View Research predicts that the market for Anti-Money Laundering (AML) technology will hit $1.99 billion by 2025, growing from $857.2 million in 2018 with a CAGR of 13.6 percent. The market is expected to grow as various organizations look to clamp down on the threat of financial crime and keep up…

2021 iPhones to Feature In-Display Touch ID: Ming-Chi Kuo

2021 iPhones to Feature In-Display Touch ID: Ming-Chi Kuo

“It’s a rare scenario in which Apple would be following the lead of its rivals, with other smartphone makers already launching devices featuring both facial recognition and in-display fingerprint scanning capabilities.” Renowned mobile market analyst Ming-Chi Kuo is once again making headlines with a bold prediction for the future of the iPhone, asserting in a…

Egis Integrated Precise Biometrics Software Into In-display Solution

Egis Integrated Precise Biometrics Software Into In-display Solution

“The integration is poised to capitalize on an important trend in the mobile biometrics market, with a growing number of smartphone brands looking to in-display fingerprint scanning as the next evolution in smartphone fingerprint authentication.” Two months after announcing that it had established a licensing agreement with “a leading fingerprint sensor supplier from Asia,” Precise…

Duo Report Finds Enterprises Adopting Better Mobile IT Practices

Duo Report Finds Enterprises Adopting Better Mobile IT Practices

Duo Security has released its fourth annual Trusted Access Report, finding that more and more workplaces are implementing zero-trust procedures to reestablish high enterprise security standards for an increasingly mobile workforce. The report specifically called attention to the rise of mobile devices, noting that 45 percent of app access requests come from somewhere other than…

TMR: Home Automation Market Will Be Much Bigger than Previously Expected

TMR: Home Automation Market Will Be Much Bigger than Previously Expected

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…

Global Facial Recognition Market to Hit $7 Billion by 2024

Global Facial Recognition Market to Hit $7 Billion by 2024

“Notably, despite the growing popularity of facial recognition in consumer technology since Apple helped to popularize selfie authentication with its Face ID system, MarketsandMarkets points to demand in government, surveillance, and industry areas as being key to the modality’s growth.” The global facial recognition market will grow from an estimated value of $3.2 billion this…

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