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Global PC Market Decline will Continue into 2017 Personal computer (PC) vendors will remember 2016 as yet another year where their hopes for a market growth recovery failed to materialize. Worldwide PC shipments are forecast to decline by 6.4 percent in 2016, according to the latest worldwide market study by IDC. Source: Digital Lifescapes

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Global Mobile Messaging Apps Reach 1.4 Billion People in 2016 By 2019, more than one-quarter of the world’s population will be using mobile messaging apps, according to eMarketer. Mobile phone messaging apps are already used by more than 1.4 billion people in 2016 – that’s a Y-to-Y increase of almost 16 percent. Source: eMarketer

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Digital and Mobile Media Gains Momentum in France Next year will mark a major milestone for media consumption in France. According to eMarketer’s latest forecast of time spent with media, the average adult will spend more time with digital media per day than TV, a first for that country. Also next year, time spent with mobile devices will surpass desktop and laptop time. Source: eMarketer

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Study Finds 4.3 Billion Active Mobile Users Worldwide While the shift from feature phones to smartphones is occurring in most markets worldwide, the rate at which it is happening differs from region to region. Overall, eMarketer estimates that roughly half (49.7%) of mobile owners across the globe will use a smartphone at least once a month. Source: eMarketer

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Public Cloud Services Revenue will Reach $1.3 Billion in India The overall public cloud services market in India is already predicted to grow by 35.9 percent in 2016, to reach a total of $1.3 billion, according to the latest market study by Gartner. Source: Digital Lifescapes

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Global InsurTech Market is Driven by EMEA Region The global InsurTech market is expected to post an impressive growth in terms of CAGR of more than 10% during the forecast period 2016-2020. EMEA occupied the maximum share of over 72% in the global insurtech market during 2015. Source: Technavio

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Digital Transformation Developer Skills Gap Assessment Most savvy CEOs already know it requires accomplished talent to lead a digital transformation agenda. The execution of the key strategies often results in the development of software capabilities. That said, finding and retaining the qualified technical talent is likely to be one of the big challenges facing business leaders. Source: Digital Lifescapes

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Smart Machines: Designed and Built by Smart People Technology will continue to displace humans in job roles that can be automated. For certain, business and government leaders will have a choice – accept progress and prosper, or wait for the inevitable outcome of regression. Historically, while most of the Luddites eventually concede, it’s a complicated scenario. Source: Digital Lifescapes

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SDN Revenue will Grow by 72 Percent CAGR Through 2020 Software-defined networking (SDN) is approaching adoption by an early majority of enterprises and will compose nearly 40 percent of global enterprise network infrastructure revenue – that’s about $12.7 billion by 2020 – according to the latest market study by TBR. Source: Digital Lifescapes

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How the Autonomous Vehicle Market will Reach $0.7 Trillion New study looks at the whole Autonomous Vehicles market in a balanced manner revealing how the electric vehicle business – valued at over $0.7 trillion in 2017 – will include many new autonomous transportation forms creating large businesses for both the vehicles and their components. Source: IDTechEx

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Autonomous Car Installed Base will Reach 71 Million in 2030 The total number of new registrations of Autonomous Cars is forecast to grow at a compound annual growth rate (CAGR) of 62 percent…

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CIO Leaders: Choose One – IT Innovation or IT Maintenance According to the IDC assessment, these predictions describe the ten most important shifts that will happen over the next 36 months, and the goals for senior executives to form a credible three-year strategic IT plan. Source: Digital Lifescapes

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Logistics Apps Propelled by Industrial Internet of Things According to ABI Research, there’s a significant emerging opportunity for the high-accuracy, low-cost ultra-wideband radio technology in industrial and IoT markets – with total revenues to reach $15 billion by 2021. Source: Digital Lifescapes

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Fintech Revolution Comes to Regional and Community Banks Banks are on board with fintech. At 81%, the overwhelming majority of regional and community banks are currently collaborating with fintechs. In addition, 86% of regional and community bank respondents said that working with fintechs is “absolutely essential” or “very important”. Source: Manatt

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How to Prevent Online Fraud as eCommerce Grows in 2016 The 2016 American Express ‘Digital Payments Security Survey’ found that 70 percent of U.S. merchants are experiencing…

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Smartwatch Market Demand Fades in Third Quarter 2016 The worldwide smartwatch market growth slowed in 3Q16, resulting in a year-over-year decline in shipment volumes.

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How Fintech is Driving the Digital Banking Services Market 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

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Outlook for New Smartphone Tech Innovation during 2017 Worldwide smartphone shipments will reach 1.45 billion units, with a year-over-year growth rate of just 0.6 percent in 2016, according to the latest market study by IDC. Although growth remains positive, it is down significantly from the 10.4 percent growth rate in 2015. Source: Digital Lifescapes

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Global Mobile Workforce will Reach 1.87 Billion People Globalization and continued advancements in mobile internet technology and applications will increase levels of mobility among executives, consultants, sales professionals, and many other professions, according to Strategy Analytics. Source: Digital Lifescapes

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Just 8% of Current Marketers Have Proven Digital Skills “In order to succeed, our thinking and skillset needs to be too, failing to do so will result in an even larger skills gap…

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Subscription Video on Demand Trends in North America According to a recent study, North America will have 112 million SVOD subscribers – that’s for movie and TV services only; excluding sports – by end-2016, which is up by 19 million when compared with 2015. Moreover, the SVOD total is forecast to climb to 138 million by 2021. Source: Digital Lifescapes

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Retail Point-of-Sale Technology Evolves with NFC and mPOS The market for NFC-ready POS terminals continued to show momentum in 2016 with annual shipments anticipated to reach an estimated 16.1 million units, according to the latest worldwide market study by Berg Insight. Source: Digital Lifescapes

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Global Cloud Computing Services Market Outlook for 2017 As we look back on the business technology-related trends of 2016, the huge adoption of Hybrid IT methodologies come to mind.

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Digital Transformation Leaders Require Many Diverse Skills More digital transformation efforts focus on picking the right individual to lead the process. Most will choose a Chief Digital Officer – 45% of survey respondents want a person with a technology background, while 43% say a multifaceted marketing background was preferred. Source: eMarketer

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Mobile Payment Apps Slowly Gain Momentum in U.S. Market This year, 38.4 million Americans 14 and over will have used their mobile phones to pay at the point of sale at least once in the preceding six months. That’s just 19.4% of U.S. smartphone users. By 2020, that figure will grow to 33.1% of smartphone users. Source: eMarketer

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How 5G LTE Mobile Networks Enable a Connected Future There are more than 7.2 billion wireless connections, including 1.45 billion LTE connections, around the world today that are operating with the technology standards developed by the 3rd Generation Partnership Project (3GPP). Source: Digital Lifescapes

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Freight as a Service Revenue will Reach $900 Billion in 2030 Disruption is coming to the traditional freight and parcel delivery sector, enabled in part by the Internet of Things (IoT). Freight as a Service (FaaS) will represent 30 percent of total goods transportation revenues by 2030, according to ABI Research. Source: Digital Lifescapes

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Explore the U.S. Government Open Source Project Code.gov Built in the open, the newly-launched Code.gov already boasts access to nearly 50 open source projects…

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Digital Transformation Spending will Reach $2.2 Trillion in 2019 By 2020, 50 percent of the Global 2000 new growth will depend on their ability to create digitally-enhanced products and services. Revenue growth will come from information-based products and services. Worldwide investment will reach $2.2 trillion in 2019 – that’s almost 60 percent more than in 2016. Source: Digital Lifescapes

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Exploring the Development of Multi-Modal Computing Apps According to the latest worldwide market study by Juniper Research, gesture and motion control will become vital components for certain forms of human-computer interaction during the next decade. Source: Digital Lifescapes

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Digital Marketing is Driving the Global B2B Media Landscape The global B2B media market is expected to surpass revenues of  around $32 billion during 2016-2020. Digital marketing is expected to be the dominant sector in B2B media during the forecast period. Source: Technavio

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Ongoing Quest for Viable OpenStack Business Models IT infrastructure vendors are hopeful that, one day, their investment in the support of OpenStack is proven worthwhile. According to 451 Research, revenue from OpenStack business models are forecast to exceed $5 billion by 2020 and grow at a 35 percent CAGR. Source: Digital Lifescapes

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Technology, Media and Telecom 2016 M&A Deal Update Technology, Media & Telecommunications (TMT) mergers and acquisitions (M&A) activity has improved in 2016, with deal value experiencing two consecutive quarterly increases, according to the latest worldwide market study by Mergermarket. Source: Digital Lifescapes

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IT Security Spending will Reach $101.6 Billion in 2020 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

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How Biometric Technology will Transform Mobile Security The new research found that demand from businesses for methods that rely less on hardware will raise the profile of newer biometrics over the next 5 years – in particular, voiceprints and facial recognition technologies. Source: Digital Lifescapes

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Fintech Revenue to Reach $70 Billion in Asia-Pacific Region Singapore, Hong Kong, and Sydney are financial services innovation hubs, due to their favorable government regulations, start-up ecosystem and the 18-34 demographic group driving local consumer demand. Source: Digital Lifescapes

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Exploring Vehicle-to-Everything Connectivity Trends According to Juniper Research, the annual production of self-driving cars will reach 14.5 million in 2025…

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Why China Leads in Artificial Intelligence Research According to recent study findings, China has overtaken the United States to become the world leader in deep learning research, a branch of artificial intelligence (AI) inspired by the human brain. Source: World Economic Forum

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Exploring the Four Types of Artificial Intelligence We need to do more than teach machines to learn. We need to overcome the boundaries that define the four different types of artificial intelligence, the barriers that separate machines from us – and us from them. Source: World Economic Forum

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Fintech Lender Platform Revenue will Reach $10.5 Billion There are numerous factors driving the adoption of financial technology (fintech) market development. Particularly within emerging nations, technology vendors and service providers are looking at ways to provide services to individuals who previously have never used financial services – they’re often referred to as the un-banked population. Source: Digital Lifescapes

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More Upside Opportunities for Smartphone Virtual Reality Apps There will be nearly 60 million smartphone VR headsets shipped in 2021, that’s an increase of around 240 percent on an expected 16.8 million this year, according to the latest worldwide market study by Juniper Research. Source: Digital Lifescapes

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Cognitive Automation Upside in the Global Banking Sector The $3.8 billion banking business process outsourcing (BPO) market represents a significant opportunity with a 7-10% CAGR.

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Mobile Financial Services Upside in Emerging Markets Across the globe, the mobile phone is one of the most important technology advancements for developing nations, as an enabler of economic growth. In fact, many of these emerging countries have already seen a rapid adoption of mobile remittance. Source: Digital Lifescapes

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Exploring the Insurance Industry Digital Transformation Gartner predicts that 80 percent of life, property and casualty insurers globally will partner with or acquire Insurtech companies by the end of 2018. Analysts believe that these pioneers can stimulate or accelerate innovation among incumbent industry players, and complement existing digital transformation strategies. Source: Digital Lifescapes

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Software-Defined Networking will Coexist with Legacy Systems Software-defined networking (SDN) is approaching adoption by an early majority of enterprises and will compose nearly 40% of global network infrastructure revenue (roughly $12.7 billion) by 2020, according to TBR. Source: TBR

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Benchmarking the Internet of Things for High Growth As more business leaders work on their strategies for the Internet of Things (IoT), industry analysts are researching use cases for these technologies.

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Many More American Marketers Embraced Mobile Media in 2016 The shift in share of Google’s U.S. advertising revenues from desktop to mobile was sharp between 2015 and 2016.

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IoT Gateway Shipments to Reach 64 Million Units by 2021 Telecom service providers are exploring the applications for the Internet of Things (IoT), as an extension of their network access offerings. Demand for IoT gateways, which manage and control complex connected environments by aggregating and transmitting sensor data, are on the rise. Source: Digital Lifescapes

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Open Source Foundation Shares OpenStack Progress in 2016 Many CIOs know they must respond to the growing demand for public cloud services within their organizations. Building a private cloud with on-premises infrastructure is a path to progress, and OpenStack is the software platform. Source: Digital Lifescapes

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Off-Prem Cloud Service Market will Reach $286 Billion by 2020 Worldwide revenue for off-premises cloud services – including software as a service (SaaS), infrastructure as a service (IaaS), cloud as a service (CaaS) and platform as a service (PaaS) – reached $57 billion in the first half of 2016. SaaS is the top cloud service, with 44% of revenue in H1 2016; CaaS and PaaS have the highest growth rates through 2020. Source: IHS Markit

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