Technology

[New] Over the past few years, the rise of swarm technology, which can leverage things like machine learning and AI to attack networks and devices has shown new potential.
[New] Canadian mobile operator Telus will launch a 5G network in Canada later this year using equipment from Chinese vendor Huawei Technologies.
[New] The global market for lidar systems will experience a compound annual growth rate of 18.5%, growing from $844 million in 2019 to $2.2 billion in 2024, predicts Markets and Markets.
[New] The United States might expand its power to stop more foreign shipments of products with U.S. technology to Huawei.
[New] The market for 5G infrastructure technology is expected to reach $4.2 billion and two-thirds of companies intend to deploy 5G in 2020.
[New] Around 84% of trade in Asia will remain in physical stores by 2023, but need to adopt new technology to stay relevant.
[New] Global Cognitive Computing Market was valued at USD 7.56 Billion in 2018 and is projected to reach USD 74.03735653 Billion by 2026, growing at a CAGR of 32.89% from 2018 to 2025.
[New] In a recent study of industrial and telecom company executives from around the world, when asked which technologies will be the most integral to their digital transformation over the next five years, 75% of respondents answered 5G.
[New] The worldwide market for digital twin technologies is expected to reach $16 billion in four years.
[New] In 2020, Data Science roles will expand to include machine learning and big data technology skills - especially given the rapid adoption of cloud and IoT technologies across global businesses.
[New] Spending on AI systems will reach $97.9 B in 2023, more than two and one-half times the $37.5 B that will be spent in 2019.
With global spending on hardware, software, services and telecom projected to reach nearly $5.2 trillion this year, it's evident that technology has a growing and integral role in business operations.
Across most global markets covered in this year's study, just under half of respondents in several countries believed that AV technology will not be safe.
Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market was valued at USD 12.76 Billion in 2018 and is projected to reach USD 51.95 Billion by 2026, growing at a CAGR of 19.19% from 2019 to 2026.
The accelerating trend of cloud computing is going to break its own record and exceed spending of $1 trillion in 2020.
With 1.9bn devices expected to be connected in India alone, by 2025, IoT and related technologies will assume unparalleled significance.
The Australian Government will provide $156.2 million over four years from 2019-20 to streamline regulatory compliance processes and reduce the cost of doing business, including by targeted investments in technology.
Spending on AI systems will increase by more than two and a half times between 2019 and 2023, from $37.5 billion to $97.9 billion, for a compound annual growth rate of 28.4%.
The IMO aims to reduce the industry's greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low emission fuels and new ship designs using cleaner technology.
Worldwide spending on information security and risk management systems will reach $131 B in 2020, increasing to $174 B in 2022 approximately $50 B will be dedicated to protecting the endpoint.
The global cognitive computing market was valued at $30.67 billion in 2018 and is expected to reach $360.55 billion by 2024, expanding at a compound annual growth rate of 50.92%.
Cloud technology and automation will continue to play a greater role in facilitating collaboration between marketing and communications this year.
The proposed regulations will impact U.S. businesses that integrate and utilize foreign developed information and communications products and technology, particularly from countries that could be seen as adversarial to the U.S..

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Last updated: 17 February 2020