Type of Article: MacTech Blog

The global OLED display market to grow at a compound annual growth rate (CAGR) of 21.86% during the period 2017-2021, according to Research and Markets (www.researchandmarkets.com).

The report from the research group has been prepared based on an in-depth market analysis with inputs from industry experts. The latest trend gaining momentum in the market is technological advances in augmented reality.

Transformative moment strikes banking sector
 
Banks in the U.S. may have up to $45 billion of their profits at risk from digital disruption over the next three years, according to research by McKinsey & Company, underscoring the urgent need for these banks to upgrade their technology to meet the demands of an increasingly digital economy. Continuing to rely heavily on older legacy systems may lead to a significant loss of market share, as well as other challenges that threaten the business model favored by traditional players.
 

Over half (52%) of small businesses in the US invested in search engine optimization (SEO) in 2016, and 74% expect to do so in 2017, according to new research from Clutch (http://tinyurl.com/khbooa5), a B2B research and reviews firm. In addition, 66% of small businesses say they plan to invest in pay-per-click (PPC) digital advertising, such as Google search ads, by the end of 2017.

The wearables growth story continues unabated in the Middle East and Africa (MEA) region, with shipments reaching an all-time high of 746,000 units in the final quarter of 2016, according to the latest figures compiled by International Data Corporation (IDC).

The global ICT research and consulting services firm says shipments were up 29.0% year on year in Q4 2016, spurred by new launches from leading vendors and the entrance of new players to the market, according to the research group.