In its first worldwide 5G forecast, International Data Corporation (IDC) projects the number of 5G connections to grow from roughly 10.0 million in 2019 to 1.01 billion in 2023. This represents a compound annual growth rate (CAGR) of 217.2% over the 2019-2023 forecast period and is driven by data creation and consumption, more things being connected, and speed and real-time access.
The global MPO Fiber Optic Connector market will grow by US$ 5 Billion by 2024 at a CAGR of 9.8% in the given forecast period driven by the rapidly increasing demand for a high bandwidth, among end users. The increasing adoption of mobile devices such as smartphones and tablets, and the growing adoption of 4G LTE network platforms provide numerous opportunities for growth.
ResearchAndMarkets’ new report, “Global Multimode Optical Fiber Market Analysis 2014-19 and Forecast 2020-24’, predicts that the multimode optical fiber market will grow at a CAGR of around 16% on account of high reliability and high capacity.
High speed and low latency of the cable, high reliability and low-security threats, and features like easy installation and connectivity have boosted the growth of the global ethernet cable market. However, high installation cost and limited physical availability of devices hamper the market. On the contrary, rise in demand for power over Ethernet in industries is expected to create lucrative opportunities in the near future.
The seamless interconnect of data center facilities is needed to deliver lightning-fast speeds, and yet internet content providers (ICPs) have grown at such a rate there has barely been enough time to create the rigorous testing regiment necessary. Add the rising cost of cabling infrastructure and the array of interoperability protocols to the mix, and the scale of the challenge becomes even more overwhelming.
2020 is only a few days old and already the edge data center industry is off to a running start. For example, Forrester Research recently reported that 57% of mobility business leaders surveyed are interested in leveraging edge computing in 2020.
Smart buildings are quickly becoming the building blocks of smart cities, providing benefits to both the building owners and tenants. They provide greater energy efficiency, improved use of building resources, and increased productivity of the occupants.
A recent report from independent research firm, Verdantix, provides an in-depth analysis of IoT platforms for smart buildings answering questions such as: Which IoT platforms for smart buildings will meet the requirements of my organization? Which IoT platforms for smart buildings are leading the market? How does your existing building IoT platform implementation compare to other products available on the market? And, ow to prioritize your building IoT software investments? Download the free report and discover the answers to these and many other questions about the smart building revolution.
Gartner Inc. revealed its top strategic predictions for 2020 and beyond, examining how the human condition is being challenged as technology creates varied and ever-changing expectations.
“What’s driving everyone to the edge?” From an enduser perspective, the demands for faster data processing and delivery of content and services to mobile devices will be unceasing. The projections are literally at a steeper angle than the growth of our national debt. The current structure of the internet and cloud and mobile networks can’t even begin to keep pace.
