The AR (augmented reality) gaming market is expected to reach $284.93 billion by 2023, growing at a compound annual growth rate (CAGR) of 152.7% from 2017 to 2023, according to Research and Markets (www.researchandmarkets.com).
Read MoreIDC (www.idc.com) says retail banks (including thrift banks and credit unions) in the U.S. will spend $20.2 billion on hardware, software, services, and internal IT staff to develop and implement DX initiatives in 2017, growing at an average compound annual growth rate (CAGR) of 22.5% into 2020.
This compares with growth of 4.8% in overall IT spend for U.S. banks. The forecast by the research highlights spending by US–based banks across four categories of DX technology: hardware, software, IT services, and internal IT.
Read MoreA new study from Juniper Research (www.juniperresearch.com) highlights the increasing dominance of Chinese companies in digital payments, with players such as Alibaba, Tencent and UnionPay seeking to bolster their revenues through international expansion.
According to the research group, digital payment transaction values are expected to reach $5 trillion by 2021, up from $3.6 trillion this year, of which $3.4 trillion will come from sales outside mainland China.
Read MoreOver 50% of websites collect visitors’ email addresses, creating the possibility of privacy breaches, as revealed by a survey conducted by Clutch (https://clutch.co/), a research and reviews platform for business services.
Read MoreBusinesses have become less skeptical of cloud computing, more confident in its security, and more inclined to invest money in it, according to new findings.
Nearly 70% of U.S. businesses surveyed by B2B ratings and reviews firm Clutch (https://clutch.co/cloud) say that they plan to increase spending on cloud computing in 2017. One in five of those businesses report that their cloud computing spending this year will likely increase by more than 30%.
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