Market analyst stories
NICE named market leader for CX Analytics solution
NICE has been recognised as the overall leader by Quadrant Knowledge Solutions in the 2023 SPARK Matrix for Speech Analytics report.
Tablet shipments down 29.9% as demand continues to weaken
Global tablet shipments decline by 29.9% in Q2 2023, with weak demand and low consumer confidence, according to IDC. Apple leads, Samsung ranks second.
Demand for advanced surgical monitors continues to rise - FMI
Surgical monitors market set to top $842.57m by 2032, driven by increasing geriatric population and prevalence of chronic disorders, according to FMI.
Generative AI frenzy continues as investment conversations deepen
Almost half of executive leaders are increasing their AI investments after the launch of ChatGPT, according to a Gartner poll.
NICE and Cognizant partner up on CX transformation initiative
NICE and Cognizant have announced the launch of a global strategic go-to-market partnership to accelerate customer experience transformation.
Cellular IoT gateway market expects a slump in 2023
The cellular IoT gateway market is expected to reach US$ 2.2 billion in 2026, according to the latest report from ResearchAndMarkets.
Govt IT spending to hit $588.9 billion in 2023, up 6.8%
Government IT spending to reach $588.9bn in 2023, with increased investment in digital services and improving citizen experience, says Gartner.
Talent shortages leading to greater diversity within sales
By 2028, 50% of sales leadership roles will be filled by individuals from historically underrepresented groups, according to Gartner.
Zendesk adds AI capabilities to customer support solutions
Zendesk recently announced Intelligent Triage and Smart Assist, new artificial intelligence (AI) solutions empowering businesses with customer support.
The rise of dataware - Cinchy spotlights latest data trend
A radical new architectural approach called dataware redefines the relationship between data and applications and eliminates the need for data integration.
Forescout Technologies launches free threat hunting service
Forescout Technologies has announced the launch of Forescout Frontline, a new threat hunting service utilising a team of trained cybersecurity analysts.
External OEM storage revenue hits $6.9 billion for enterprise market
Global market revenue for enterprise external OEM storage systems grew by over 9% in Q2 2021, reaching $6.9 billion, according to IDC.
Gfk's new AI platform combines market, consumer and brand analytics in a single source
GfK has launched gfknewron, an integrated, AI-powered software platform allowing companies to access market, consumer and brand data from a single source.
Smartphone shipments on the rise, thanks to 5G
Global smartphone shipments are set to grow by 7.4% in 2021, driven by recovery in emerging markets, according to IDC.
Semiconductor revenues rise after COVID-19 disrupts usual market trends
Semiconductor revenues rose 0.5% QoQ to $131.3bn in Q1 2021, the third time since 2002 that Q1 has seen growth, says Omdia.
Aus public cloud services market to grow to $10.6bn in 2021
Australian organisations are expected to spend A$10.6bn on public cloud services this year, a rise of 18.4% from 2020, according to Gartner.
Consumer demand boosts wearable device market growth
IDC states worldwide shipments of wearable devices reached 153.5 million in the fourth quarter of 2020, a year-over-year increase of 27.2%.
Hyperconnectivity market represents billion-dollar opportunities, analysts find
Hyperconnectivity market offers billion-dollar opportunities, says Frost - Sullivan analysis. Device-to-person ratio to exceed 20 to 1 by 2030.
Worldwide revenues for AI skyrocket, set to reach $550B by 2024
Global revenues for the artificial intelligence market are set to surpass $500 billion by 2024, with software leading growth.
APAC network access control market growing rapidly
Network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709 million in 2024, according to GlobalData.
Crypto winter & pandemic slice $2.8b from blockchain revenues
ABI Research says that the revenue drop will not last long, with revenues expected to return to normal by 2023.
Consumers turn to smartphone accessories while other markets fail
Smartphone accessory sales are expected to soar in 2021, with wearable bands set to exceed 200 million units and TWS devices reaching 350 million units.
Worldwide smartphone market declines in Q3, but not as much as expected - IDC
Global smartphone market performs 'better than expected' in Q3 2020, with shipments declining just 1.3% YoY, according to IDC.
China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
China to dominate APAC cloud computing market, capturing one-third of revenue by 2024, driven by government initiatives and demand from enterprises.