Type of Article: MacTech Blog

According to IDC (www.idc.com), vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud, grew 25.5% year over year in the third quarter of 2017 (3Q17), reaching $11.3 billion.

A new study from Juniper Research (www.juniperresearch.com) has found that the global number of registered mobile domestic money transfer users is expected to reach 2.5 billion this year, up from an estimated 1.7 billion in 2016.

This will be driven by social media apps such as WeChat, Facebook and others already witnessing a dramatic rise in service usage, alongside new services including Apple Pay Cash, and Zelle Pay; with leading mobile money services driving growth in emerging markets, adds the research group.

Technology has made the process of home buying and selling simpler, smarter and faster. As smart home and virtual reality (VR) technology continues to become more mainstream and sought after, consumers are now expecting high-tech experiences before even stepping foot in a prospective listing.

According to IDTechEx (www.IDTechEx.com), electric vehicles for construction, agriculture and mining will be a $87 billion market in 2028. Komatsu, John Deere, Caterpillar, and others manufacture the big vehicles — mainly hybrid — while other manufacturers offer smaller, pure-electric versions.
 

New data from IDC (www.idc.com) says global spending on 3D printing (including hardware, materials, software, and services) will be nearly $12 billion in 2018, an increase of 19.9% over 2017. By 2021, the research group expects worldwide spending to be nearly $20.0 billion with a five-year compound annual growth rate (CAGR) of 20.5%.