Digital Lifescapes

Many CIOs and CTOs are pursuing a competitive advantage that's enabled by emerging technologies. As an example, early-adopters in the automobile industry are exploring use cases with Augmented Reality (AR), because it offers benefits to the whole value chain -- from product design through production and sales. As a result, smart glasses shipment for global automotive industry use will reach 1.7 million units in 2022. The total automotive AR market is expected to grow at CAGR of 177 percent during the forecast period and reach $5.5 billion in 2022, according to the latest worldwide market study by ABI Research. Augmented Reality Apps Market Development "Augmented Reality benefits automotive manufacturers at many stages of a product cycle, including design, prototyping, manufacturing, and marketing," said Marina Lu, senior analyst at ABI Research . In design, digital 3D visualization and analysis of body structure and components can save time and resources. Collabor...

Around the globe, CIOs and CTOs continue to transition to a hybrid multi-cloud service delivery model, supported by on- and off-premises IT infrastructure. Meanwhile, the worldwide public cloud services market is projected to grow 21.4 percent in 2018 to reach $186.4 billion -- that's up from $153.5 billion in 2017. The fastest-growing segment of the market is cloud Infrastructure as a Service (IaaS), which is forecast to grow 35.9 percent in 2018 to reach $40.8 billion, according to the latest worldwide market study by Gartner. Public Cloud Market Development Moreover, Gartner expects the top ten cloud service providers to account for nearly 70 percent of the IaaS market by 2021 -- that's up from 50 percent in 2016. "The increasing dominance of the hyperscale IaaS providers creates both enormous opportunities and challenges for end-users and other market participants," said Sid Nag, research director at Gartner . According to the Gartner assessment, while p...

Cloud service adoption continues to grow, as traditional IT vendors react to market demand. Total spending on IT infrastructure products for deployment in cloud environments is forecast to reach $52.3 billion in 2018 -- that's year-over-year growth of 10.9 percent, according to the latest worldwide market study by International Data Corporation (IDC). Public cloud data centers will account for a majority of this spending, 65.9 percent, growing at the fastest annual rate of 11.3 percent. Off-premises private cloud environments will represent 13 percent of cloud IT infrastructure spending, growing at 12 percent year over year. On-premises private clouds will account for 61.7 percent of spending on private cloud IT infrastructure and will grow 9.1 percent year-over-year in 2018. Cloud IT Infrastructure Market Development "Growing expansion of digital transformation initiatives enables further adoption of cloud-based solutions around the globe. This will result in a contin...

The online security market is expanding globally, and for good reason. The dramatic increase in connected devices has created a huge attack surface for cyber criminals. Whether their motive is mischief, or theft, the impacts can be far-reaching and very costly. As an example, the downtime cost on Amazon’s North American sales operations as a result of the 2016 'Dyn' cyberattack -- ~211 minutes of service disruption -- resulted in a loss of $32 million. Most companies don't have the same eCommerce revenue as Amazon, but this event demonstrates the impact a cyberattack can have on targeted companies. Cybersecurity Solution Market Development Global business investment on cybersecurity solutions will grow by 33 percent over the next 4 years, reaching $134 billion annually by 2022, according to the latest worldwide study by Juniper Research. Their new research analysis found that nearly 70 percent of 2022 spending would originate from medium-sized businesses, as cyber...

In the evolving global networked economy, every type of company essentially becomes a technology-oriented firm -- in one form or another. That's fueling the strategic investment in IT infrastructure and services. Currency market changes are another key factor. As a result, worldwide IT spending is projected to total $3.7 trillion in 2018 -- that's an increase of 6.2 percent from 2017, according to the latest market study by Gartner. Senior executives and line of business leaders continue to drive many of the strategic IT procurement decisions. IT Infrastructure Market Development "Although global IT spending is forecast to grow 6.2 percent this year, the declining U.S. dollar has caused currency tailwinds, which are the main reason for this strong growth," said John-David Lovelock, vice president at Gartner . This is the highest annual growth rate that Gartner has forecast since 2007 and would be a sign of a new cycle of IT growth. However, spending on IT arou...

Worldwide converged systems market revenue increased 9.1 percent year-over -year to $3.6 billion during the fourth quarter of 2017 (4Q17), according to the latest market study by International Data Corporation (IDC). Full-year sales surpassed $12.5 billion in 2017, representing a 9.4 percenet increase over the previous year and the first time the market surpassed $12 billion in a calendar year. Converged Systems Market Development "The number of organizations deploying converged systems continued to expand through 2017," said Eric Sheppard, research vice president at IDC . Growing demand drove the total market value. While not all market segments increased during the year, those that did grow were able to provide considerable benefits related to the most core infrastructure challenges facing today's data centers. IDC's converged systems market view offers three segments: certified reference systems & integrated infrastructure, integrated platforms, and h...

While most telecom service providers across the globe continue to invest in software-defined networking and open source software, a few are now investing in the new wave of technologies. In particular, technology leadership is a key component in China's strategic plan to stimulate new economic growth. In its latest benchmarking study to identify the leaders and laggards in telecom service provider innovation, ABI Research has concluded that Asian telcos are the recognized technology trailblazers, followed by U.S. tier-one service providers, AT&T and Verizon. 5G Wireless Market Development However, European telcos are perceived as laggards in the realm of telco innovation, with DT, Orange, Telefonica and Vodafone distant followers of China Mobile, NTT Docomo, Softbank and KDDI -- which are collectively ramping up their efforts to foster technology-empowered innovation. ABI Research has assessed patent portfolios, standards contributions, open source involvement, acquisit...