Digital Lifescapes

Digital identity is a concept that is constantly evolving and becoming increasingly aligned with allied areas, such as security, privacy, and management of identity-related data. Within the government sector, this emerging technology has significant upside potential for growth. According to the latest worldwide market study by Juniper Research, the number of users of digital identity documents globally will exceed 6.5 billion by 2026 -- that's up from 4.2 billion in 2022. This expansion of over 50 percent has been accelerated by the global COVID-19 pandemic and reflects the growing importance of digital identity in sectors such as government services. Digital Identity Market Development According to the Juniper assessment, a digital identity document is a digital representation of a physical identity document. The new research found that ease and equality of access are critical factors for the use of digital identity in government services. Juniper analysts recommend that governmen...

Two years of the global COVID-19 pandemic forced many organizations to operate remotely -- with the majority of knowledge worker employees working from home. While the virus evolved into new variants, some business leaders were already contemplating a 'return to office' scenario. Clearly, some leaders struggle to understand what their employees want, and how to support them to do their jobs in the most safe, productive, and satisfying way. However, the predictable significant increase in employee resignations should help them to reconsider. Future of Work Solutions Market Development IDC recently published results from a survey of the Asia-Pacific (APEJ) region, which provides insights for companies to understand their workforce and how to accommodate them to ensure the best productivity and business continuity. "Great Resignation is the latest buzzword. As employees reassess their current employment, talent retention is a top business agenda item for organizations," ...

More forward-thinking CIOs and CTOs are focused on the adoption of the Internet of Things (IoT). Management challenges are top of mind for those who have already deployed a large number of sensors and associated network edge devices. Device management services are evolving in response to a greater breadth of new device technologies such as edge intelligence and related connectivity solutions, as well as the customer scalability and security of IoT deployments. But forward-looking suppliers are also preparing for a world where 41.3 percent of the connected devices will be using some form of Low Power Wide Area (LPWA) technologies by 2026. IoT Device Management Market Development Since IoT customers increasingly need to manage a larger fleet of connected devices, ABI Research now forecasts that IoT device management services will exceed $36.8 billion in revenues by 2026. Standardization is beginning to play a bigger role in device management services, as more connected devices use LPWA t...

The forward-looking CEO's commitment to ongoing investment in Information Technology (IT) is persistent. Worldwide IT spending is forecast to total $4.4 trillion in 2022 -- that's an increase of 4 percent from 2021, according to the latest worldwide market study by Gartner, Inc.   "This year is proving to be one of the noisiest years on record for CIOs," said John-David Lovelock, vice president at Gartner . Regardless, digital transformation remains a high priority across the globe. Geopolitical disruption, inflation, currency fluctuations, and supply chain challenges are among the many market volatility factors vying for attention, yet contrary to what Gartner saw at the start of 2020, enterprise CIOs are accelerating IT investments in 2022. Digital Transformation Market Development As a result, purchasing and investing preferences will be focused on areas including data analytics, cloud computing, seamless customer experiences, and IT security. Inflation impacts on ...

Although the rise of electronic commerce has slowed somewhat since the initial explosive growth, the overall volume and value of eCommerce transactions continue to climb. There are several drivers supporting this growth. A key driver is the international adoption of a Global Networked Economy. According to the latest worldwide market study by Juniper Research, the value of international cross-border eCommerce is forecast to exceed $2.1 trillion in 2023 -- that's up from $1.9 trillion in 2022. International eCommerce Market Development This growth of over 13 percent in a single year reflects the increasing success of online marketplaces that offer goods across borders, as well as the rising viability of cross-border sales as an eCommerce model.  The new research study found that as eCommerce models diversify -- including models such as buy now pay later and click and collect -- cross-border options must also keep pace, by enabling local distribution and payment partnerships. Juniper...

Enterprise demand for data analytics insight and IT optimization continue to drive applications for business intelligence solutions. Meanwhile, CIOs consider new use cases for neural networks, machine learning, and natural language processing. Overall spending on Artificial Intelligence (AI) in the United States will grow to $120 billion by 2025, representing a compound annual growth rate (CAGR) of 26 percent over the 2021-2025 forecast period. Moreover, all 19 U.S. industries in the latest worldwide market study by International Data Corporation (IDC) are forecast to deliver AI spending growth of 20 percent or more. The U.S. also accounts for more than half of all AI spending worldwide. Artificial Intelligence Market Development Retail will remain the largest U.S. industry for AI spending throughout the forecast, while Banking will be the second-largest industry. Together, these two industries will represent nearly 28 percent of all AI spending in the United States in 2025 and will ac...

Let's get real, and update this market outlook. What's the overall size of the Augmented and Mixed Reality market, for both devices and the value chain? We have the answer. With investment and interest growing exponentially, the augmented reality market is set to grow at a significant rate over the next five years. According to the latest worldwide market study by ABI Research, nearly 40 million Augmented Reality (AR) smart glasses will ship in 2027, with the total augmented and mixed reality market surpassing $220 billion in the same year. According to the ABI assessment, much of this growth will stem from the consumer AR market on the back of new hardware and content, but the enterprise AR space will also continue to show strong growth. Augmented Reality Market Development "It is impossible to miss news surrounding the augmented reality market today, both from the fascinating metaverse side and the more grounded and short-term augmented reality opportunities and investme...

An increasingly competitive market for skilled and experienced digital transformation talent has many CEOs now worried that they may not have access to the IT resources needed to complete new projects. Growing demand for key roles has raised salary and bonus expectations among the most qualified.  Furthermore, Information Technology (IT) staff members are more inclined to quit their jobs than employees in other functions, with a 10.2 percent lower 'intent to stay' than non-IT employees -- that's the lowest out of all corporate functions, according to the latest market study by Gartner. And, it has become a worldwide challenge. Gartner surveyed 18,000 employees globally during the fourth quarter of 2021 -- including 1,755 employees in the IT function. Responses were collected monthly across 40 different countries in 15 languages. IT Talent Recruitment and Retention Challenges "While talent retention is a common C-level concern, CIOs are at the epicenter, with a huge chu...

Forward-thinking senior executives have taken their lessons learned from the COVID-19 pandemic and used them for much-needed changes to their business operations. They now include new flexible working models (for progressive employees), and newly redesigned office environments (for traditional employees). Meanwhile, given the current business landscape, with rising costs for energy and a focus on reducing carbon emissions, increasing the level of automation in the remaining large metro office buildings will be a major priority. That's a likely place where a Smart Building technology might help a retrospective CEO rationalize their status-quo 'return to office' plan. When combined with higher salaries and better employee benefits, that office experience could help to retain some essential talent that might otherwise resign. Smart Building Market Development According to the latest worldwide market study by Juniper Research, the number of buildings globally deploying 'sma...