Spending on security solutions to reach $91 billion in 2018

dsellers — Thu, 12 Apr 2018 11:35:19 +0000

Worldwide spending on security-related hardware, software, and services is forecast to reach $91.4 billion in 2018, an increase of 10.2% over the amount spent in 2017, according to IDC. This pace of growth is expected to continue for the next several years as industries invest heavily in security solutions to meet a wide range of threats and requirements, adds the research group.

IDC says worldwide spending on security solutions will achieve a compound annual growth rate (CAGR) of 10.0% over the 2016-2021 forecast period and total $120.7 billion in 2021.

Strategy Analytics: third party messaging apps better than SMS

dsellers — Tue, 10 Apr 2018 11:59:57 +0000

Consumers are becoming less social in person by becoming more social “virtually” through advanced messaging features, according to Strategy Analytics (www.strategyanalytics.com). Achieved through pre-installed RCS platforms and self-installed third party messaging apps, these platforms are providing a more consistent, expressive and compelling messaging experience for the sender, according to the research group.

Key findings from Strategy Analytics’ report include:

Consumer robotics revenues to reach $23 billion by 2022

dsellers — Tue, 10 Apr 2018 11:01:01 +0000

A new study from Juniper Research (www.juniperresearch.com) has found that domestic aide robotics will drive consumer robotics hardware revenues from an estimated $6.4 billion in 2018 to nearly $23 billion by 2022. That’s an increase of over 250%.

Juniper says that domestic aide robots, such as robotic vacuum cleaners, will account for 73% of total revenues by 2022. This will be due to increasing popularity of such devices from iRobot, Dyson and Samsung. These have been joined by lower cost devices, which will broaden the segment’s appeal.

IDC forecasts growth for connected devices in key smart home categories

dsellers — Fri, 06 Apr 2018 11:43:20 +0000

IDC (www.idc.com) has published results from its newest Tracker research program covering the fast-growing market of Smart Home Devices. In 2017, 433.1 million smart home devices were shipped worldwide, growing 27.6% from the previous year.

5G Boost won’t save vanishing wireless connectivity revenue growth

dsellers — Thu, 05 Apr 2018 11:45:34 +0000

There will be 9.0 billion user-linked subscriptions to wireless services by 2023, up from 7.7 billion today according to new forecasts from Strategy Analytics (www.strategyanalytics.com). The research group predicts that 5G adoption will follow a comparable path to that seen by 4G LTE, but warns that there’s limited growth left in connectivity revenue for service providers.

Key findings of the report include:

° Wireless service revenue will peak in 2021 at US$881 billion, just 3% above the level forecast for 2018.

Connected clothing to become a $1 billion industry in 2020

dsellers — Tue, 03 Apr 2018 12:00:10 +0000

A new study from Juniper Research (www.juniperresearch.com) has found that the wearables market has begun to shift away from wrist-based devices such as smartwatches and fitness trackers, with other device categories forecast to grow much faster.

The research group ranks the fastest growing wearable sectors, in terms of shipments and compound annual growth rates (CAGRs), over the next two years as: connected clothing (102%), smart glasses (98%), smart jewelry (55%), hearables (31%), and smart watches (31%).

Gartner: I&O skill gaps to cause business disruptions

dsellers — Tue, 03 Apr 2018 11:49:04 +0000

Two-thirds of organizations are not adequately addressing the infrastructure and operations (I&O) skills gaps that will impede their digital business initiatives, according to Gartner, Inc. (www.gartner.com). Successful I&O organizations will need to implement vastly different roles and technologies during the next five years, adds the research group.

Gartner forecasts that, by 2019, IT technical specialist hires will fall by more than 5%. Moreover, by 2021, 40%of IT staff will hold multiple roles, most of which will be business-related rather than technology-related.

The Northern Spy: history’s most ironic question

dsellers — Mon, 02 Apr 2018 12:00:18 +0000

By Rick Sutcliffe

The Spy notes and passes on verbatim with little comment (it is its own commentary) the following advertisement:

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More than 25% of companies expect to be breached within six months

dsellers — Mon, 02 Apr 2018 11:18:06 +0000

Nearly four in five companies (79%) were hit by a breach in the last year, according to new research from Balabit (www.balabit.com), a provider of privileged access management and log management solutions.

Security-as-a-Service grows 21% in 2017

dsellers — Mon, 02 Apr 2018 11:14:23 +0000

2017 has seen a steep increase in adoption of Security-as-a-Service (SaaS), thanks to its multiple advantages compared to software licensing, according to Canalys (www.canalys.com). However, this fast change in revenue stream is creating headaches for vendors who have to rework forecasts for 2018 to not disappoint investors, adds the research group.