Analysis

Digital Ticketing Sales Will Grow 150 Percent by 2022

Digital Ticketing Sales Will Grow 150 Percent by 2022

20 Sep 2020 comment

Digital ticket transaction volumes will exceed pre-COVID levels by 2022; rising from 12.7 billion in 2020 to 32 billion in 2022, according to Juniper Research.

Hardcopy Peripherals Market Declined 10.2 Percent in 2Q20

Hardcopy Peripherals Market Declined 10.2 Percent in 2Q20

19 Sep 2020 comment

Worldwide shipments of hardcopy peripherals declined 10.2% year over year to nearly 20 million units in the second quarter of 2020, according to IDC.

Challenger Providers Will Grow B2B Transactions by 42 Percent by 2022

Challenger Providers Will Grow B2B Transactions by 42 Percent by 2022

18 Sep 2020 comment

A new study from Juniper Research has found that the volume of B2B payments facilitated by non-banks will exceed 53 billion in 2022, from a COVID-related low of 38 billion in 2020; representing 42% growth.

Low- to Mid-Range Devices Dominate Smartphone Forecast

Low- to Mid-Range Devices Dominate Smartphone Forecast

18 Sep 2020 comment

Economic uncertainties have increased the downward pressure on smartphone prices globally with 73% of shipments in 2020 expected to be priced below $400, according to IDC.

A Slow Recovery of US and European Economies after Pandemic

A Slow Recovery of US and European Economies after Pandemic

17 Sep 2020 comment

In its most recent Q3 economic scenarios, Strategy Analytics predicts US and Western European economies will recover slowly.

China's Mobile Payment Adoption Beats All Others

China's Mobile Payment Adoption Beats All Others

14 Sep 2020 comment

More than a billion people in China will be paying with their phones in brick-and-mortar shops, cafes and restaurants this year, according to the Statista Digital Market Outlook.

Cellular IoT Devices in the Retail Industry Will Reach 116.6 Million by 2024

Cellular IoT Devices in the Retail Industry Will Reach 116.6 Million by 2024

14 Sep 2020 comment

The number of cellular IoT connections in the retail industry reached 72.4 million worldwide in 2019, according to Berg Insight.

The Entertainment and Media Industry Reconfigures amid Recovery

The Entertainment and Media Industry Reconfigures amid Recovery

11 Sep 2020 comment

Digitalisation, one of the major forces shaping all industries, has been intensified by social distancing and mobility restrictions during the COVID-19 pandemic, according to PwC.

SMS Traffic Fraud Will Drop by 75 Percent by 2025

SMS Traffic Fraud Will Drop by 75 Percent by 2025

10 Sep 2020 comment

Operator revenue from SMS business traffic will reach $50 billion in 2025, increasing from $39.6 billion in 2020, according to Juniper Research.

Spending on AI Expected to Double by 2024, Reaching $110 Billion

Spending on AI Expected to Double by 2024, Reaching $110 Billion

9 Sep 2020 comment

Global spending on AI is forecast to double over the next four years, growing from $50.1 billion in 2020 to more than $110 billion in 2024, according to IDC.

Public Cloud Services Market Totaled $233.4 Billion in 2019

Public Cloud Services Market Totaled $233.4 Billion in 2019

8 Sep 2020 comment

The worldwide public cloud services market, including IaaS, PaaS and SaaS, grew 26.0% year over year in 2019 with revenues totaling $233.4 billion, according to IDC.

Major and Small Domestic Appliances Stay Stable Despite Pandemic

Major and Small Domestic Appliances Stay Stable Despite Pandemic

7 Sep 2020 comment

Despite the global COVID-19 pandemic, the market of Small Domestic Appliances and Major Domestic Appliances were stable, according to Gfk.

Needs to Work from Home Triggered Strong IT/Office Demand in 1H20

Needs to Work from Home Triggered Strong IT/Office Demand in 1H20

6 Sep 2020 comment

The global IT/Office retail market reached nearly €49.7 billion in the first half of 2020, a +16.7 percent increase from the same period last year, acccording to Gfk.

Technical Consumer Goods Market Proves its Resilience to the Pandemic

Technical Consumer Goods Market Proves its Resilience to the Pandemic

5 Sep 2020 comment

The value of the global Technical Consumer Goods (TCG) market, excluding North America and South Africa, fell to €306 billion during the COVID-19 retail shutdowns, according to Gfk.

PCs and Tablets Will Grow in 2020 Before Resuming Decline in 2021

PCs and Tablets Will Grow in 2020 Before Resuming Decline in 2021

3 Sep 2020 comment

The first half of 2020 has seen a resurgence in the PC and tablet markets and demand continues to outpace supply, according to IDC.

One in Three Smartphones Sold in China in 2Q20 was a 5G Phone

One in Three Smartphones Sold in China in 2Q20 was a 5G Phone

2 Sep 2020 comment

Smartphone sales in China declined 17% in the second quarter of 2020, according to Counterpoint Research.

China's Smartphone Market Narrowed its Decline to -10.3 Percent in 2Q20

China's Smartphone Market Narrowed its Decline to -10.3 Percent in 2Q20

1 Sep 2020 comment

87.8 million smartphones were shipped in China during the second quarter of 2020, down 10.3% year-on-year, according to the IDC.

Digital Technologies to Power the Supply Chain of the Future

Digital Technologies to Power the Supply Chain of the Future

30 Aug 2020 comment

The constraints created by the COVID-19 pandemic are forcing manufacturers, suppliers and distributors across the world to revisit their global supply chain strategies and accelerate the adoption of digital technologies, according to GlobalData.

Global Smartphone Shipments Expected to Drop Nearly 10 Percent in 2020

Global Smartphone Shipments Expected to Drop Nearly 10 Percent in 2020

29 Aug 2020 comment

The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to IDC.

IaaS Public Cloud Services Market Grew 37.3 Percent in 2019

IaaS Public Cloud Services Market Grew 37.3 Percent in 2019

28 Aug 2020 comment

The worldwide infrastructure as a service (IaaS) market grew 37.3% in 2019 to total $44.5 billion, up from $32.4 billion in 2018, according to Gartner.

App Store Generated $22.2 Billion in Gaming Revenue in 1H20

App Store Generated $22.2 Billion in Gaming Revenue in 1H20

28 Aug 2020 comment

App Store generated $22.2 billion in gaming revenue in the first half of 2020, 52% more than Google Play.

IDC Forecasts Strong Growth for AI Market in 2020

IDC Forecasts Strong Growth for AI Market in 2020

27 Aug 2020 comment

Worldwide revenues for the AI market are expected to total $156.5 billion in 2020, an increase of 12.3% over 2019, according to IDC.

Global Smartphone Sales Declined 20 Percent in 2Q20

Global Smartphone Sales Declined 20 Percent in 2Q20

26 Aug 2020 comment

The COVID-19 pandemic continued to impact the global mobile phone industry, as sales of smartphones to end users totaled 295 million units, a decline of 20.4% in the second quarter of 2020, according to Gartner.

Video Streaming is the Highest Spending Smartphone Category in the US

Video Streaming is the Highest Spending Smartphone Category in the US

24 Aug 2020 comment

Video streaming is the highest spending app category in the US.

Global Government IT Spending Will Decline 0.6 Percent in 2020

Global Government IT Spending Will Decline 0.6 Percent in 2020

23 Aug 2020 comment

Worldwide government IT spending is forecast to total $438 billion in 2020, a decrease of 0.6% from 2019, according to Gartner.

Global Smartwatch Market Revenue Was up 20 Percent in 1H20

Global Smartwatch Market Revenue Was up 20 Percent in 1H20

22 Aug 2020 comment

The global smartwatch market posted a healthy 20% revenue growth in the first half of 2020, despite the COVID-19 pandemic and shipments remaining flat, according to Counterpoint Research.

Mobile Operators Will Benefit From Direct Carrier Billing Spend

Mobile Operators Will Benefit From Direct Carrier Billing Spend

21 Aug 2020 comment

Total spend over direct carrier billing will reach $100 billion for the first time by 2025; rising from $37 billion in 2020, according to Juniper Research.

Millions of Employees Want to Work from Home Forever

Millions of Employees Want to Work from Home Forever

20 Aug 2020 comment

Widespread home-based working will result in the elimination of billions of commuter journeys and a decline in office-based working environments of 22%, according to a new study by Strategy Analytics.

Consumer Credit Card Rewards Value Will Reach $67.9 Billion by 2023

Consumer Credit Card Rewards Value Will Reach $67.9 Billion by 2023

19 Aug 2020 comment

A new study from Juniper Research has found that global reward values for consumer credit cards will grow from $60.4 billion in 2020 to $67.9 billion in 2023, as consumer credit spend recovers post-COVID.

Pandemic Cuts Five-Year IoT Revenue Forecast

Pandemic Cuts Five-Year IoT Revenue Forecast

19 Aug 2020 comment

In its new forecast, GSMA Intelligence reassesed global IoT revenue in 2025 to $906 billion due to the impact of the COVID-19 pandemic.