Technology

[New] Over 12 countries, mostly emerging economies, will begin issuing a digital currency using blockchain technologies to promote economic stability and encourage electronic commerce by 2023.
[New] Global quantum computing market is projected to register a healthy CAGR of 29.5% in the forecast period of 2019 to 2026.
[New] This year, will witness the comprehensive integration of cloud, AI and 5G technologies.
[New] UK National Grid aims to be able to operate a fully zero emission grid when weather conditions allow from 2025, and is accelerating its adoption of new technologies and management systems that will allow it to side line gas power plants when possible.
[New] The global edge computing market is set for a combined annual growth rate of 32.8% from 2018-2025, and emerging 5G networks are a major factor presenting growth opportunities.
[New] Late last year, the European Union introduced a $1 trillion plan to reach carbon-neutrality by 2050 and achieve a just transition away from polluting technologies.
[New] The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Regulatory Technology market in 2020.
The global beacon technology market was valued at USD 1.7 billion in 2019 and is expected to reach USD 14.7 billion by 2025, growing at a CAGR of 44.0% during 2020-2025.
Global Quantum Computing Market was valued US$ 198.31 Mn in 2019 and is expected to reach US$ 890.5 Mn by 2027, at CAGR of 28.44% during forecast.
Technologies that require less up-front capital investment, like perovskites, might ultimately be necessary to build the amount of solar power the world needs in the coming decades.
Geothermal capacity in the United States could increase from 3,500 MW today to anything between 6,000 MW and 60 GW by 2050, dependent on the pace at which new technology is developed and adopted.
The growth of technologies like AI-as-a-service (from Microsoft, IBM Watson, etc.), more training data for models, and hardware like Intel's on-device AI chips will ensure that AI continues to expand its dominance.
China's rapidly aging population and the concomitant increase in chronic diseases will place great stress on health systems in coming years.
Lifi (Light Fidelity) technology market is expected to gain market growth in the forecast period of 2020 to 2027.
The global market for HVDC transmission systems is expected to grow at a CAGR of approximately 11.18% during the forecast period of 2020-2025.
Spending on services including data, analytics, technology and integration will rise 6.3% to $23.2 billion this year from 2019.
China has ramped up efforts to develop artificial intelligence in recent years as the government set goals to become a forerunner in technology by 2030.
By 2022, over 40% of large companies will begin using an HR solution powered by emerging technologies such as AI and blockchain.
The Deception Technology Market was valued at USD 1.19 billion in 2019 and is expected to reach USD 2.48 billion by 2025, at a CAGR of 13.3% over the forecast period 2020-2025.
Up to 20% of significant health industry organizations in China intend to adopt intelligent nursing technology, and 17% will adopt medical robots in the next three years.
Arm outlined the extraordinary potential for growth in the cellular IoT technology market, where revenue is estimated to reach almost £8 billion by 2025.
China will continue to expand its 5G network aggressively as it plans to extend coverage to all 300 plus cities by the end of 2020, and remains committed to gaining global leadership in developing 5G technology.
The healthcare cloud computing market is expected to reach $51.9 billion by 2024.

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Last updated: 25 May 2020