Type of Article: MacTech Blog

The augmented reality (AR) market will reach $61.3 billion by 2023, according to new data from Research and Markets (www.researchandmarkets.com).

The AR market was valued at $2.39 billion in 2016 and will grow at a CAGR [compound annual growth rate]of 55.71% during the forecast period, adds the research group. The increasing demand for AR devices and applications in medical, increase in demand for AR in the retail and e-commerce, and rising investment in the augmented reality market are the major drivers for the augmented reality market.

A new study from Juniper Research (www.juniperresearch.com) has found that nearly six in 10 (57%) large corporations are either actively considering, or are in the process of, deploying blockchain technology.

Almost 400 company founders, executives, managers and IT responded to the research group’s survey; among companies who have reached the PoC (Proof of Concept) stage, two-thirds (66%) expected blockchain to be integrated into their systems by the end of 2018.

Software-defined wide area network (SD-WAN) solutions have only been commercially available for a few years, but the technology’s ability to address pressing enterprise networking needs has led to remarkable growth. A new forecast from International Data Corporation (IDC) estimates that worldwide SD-WAN infrastructure and services revenues will see a compound annual growth rate (CAGR) of 69.6% and reach $8.05 billion in 2021.

The global cloud infrastructure services market maintained strong momentum in the second quarter (Q2) of 2017, growing 47% year on year to reach US$14 billion, according to Canalys (www.canalys.com).