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Top Information and Communication Technologies, 2017

  • ID: 4250532
  • Report
  • April 2017
  • Region: Global, Global
  • 82 Pages
  • Frost & Sullivan
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Artificial Intelligence, Mixed Reality, Blockchain and Everything-as-a-Service (XaaS) Among a Unique Group of Game-Changing Top 10 Technologies in the ICT Space

The proliferation of digital technologies has remained substantial over the past two decades. With ‘intelligence’ being seen as the next evolution post digitization, disruptive technology innovations in the ICT space are being developed around the world and have deeply permeated various applications and markets.

The research service delves deeper into information and communication technologies from various technology and market attractiveness metrics such as innovation landscape, patent, funding, market potential, applications impact, regional adoption and disruptive potential. Technologies covered in this report include: Artificial Intelligence, Blockchain, 5G, Cyber Security, Mixed Reality, Natural Language Interaction, Small Data, Hyper-Converged Systems, XaaS (Everything-as-a-Service) and Robotics Process Automation.

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1. Executive Summary
TechVision - Top 50 Technologies for 2017 - Selection Methodology
Top 10 Technologies in ICT Based on Innovation Index
Key Technology Trends in ICT
Key Findings for 2017 Top Information and Communication Technologies

2. Artificial Intelligence
Developing Human-like Cognition for Machines
Asia Will Replace the US to Become the Region with the Highest Adoption of AI by 2021
Steep Increase in Patents in 2016 Clearly Reflects High R&D and Innovations Globally as China Competes with the US for the Top Spot
ICT and Healthcare are the Earliest Adopters but the Biggest Market in the Future will be Robotics and Automotive
Advancements in Deep Learning Giving Rise to Innovative Ideas as Startups Compete Closely with Veterans
Artificial Intelligence-as-a-Service (AIaaS) will Dramatically Widen Application Scope in the Coming Years

3. Hyper-Converged Systems
Significant Cost Savings and Faster ROI Drive HCS Adoption
Promising Growth Opportunities Noted in the European Region
Increasing Focus on Mid-market Presence to Drive Market Penetration
Banking and Manufacturing are the Highest Adopters of HCS
Incumbent System Vendors Continue to Dominate HCS Market
Demand for Flexible IT Infrastructure to Drive HCS Adoption in the Future

4. Mixed Reality
Advancements in Communication, Content Creation, and Graphics Technology are Paving the Way
North America will Experience First-mover Advantage and Grab a Major Part of Revenue
United States and China Rapidly Progressing Towards Commercialization
Consumer Electronics and Training Simulation Will be among the Early Adopters, Improving User Interface is the Key Purpose
Companies are Emerging Across the Value Chain With Diversified Products
Convergence With 5G will Enable Seamless Experience in the Future

5. 5G
The Driving Force for the Connected World
Asia and North America are Expected to be Early Adopters and Gain First-mover Advantage in Terms of Revenue
APAC is Significantly ahead of the Race in Terms of Patents and Funding for 5G Technology Development
Telecom and Automotive Will Initially Be the Key Revenue Generating Markets for 5G
Companies are Rapidly Moving toward Commercialization
5G Will Enable Easy Upgradation to 6G

6. Small Data
Internet of Things Increasing Demand for Small Data Analysis
Increasing Amount of Sensor and Social Data is Facilitating Adoption in Retail, Government, and Manufacturing
China Is Providing the Gateway to the APAC Market for Developers
BFS and Retail are among the Early Adopters, but Government and Manufacturing Will Soon Experience the Benefits
Companies Trying to Capture Minute Details to Facilitate Analytics Efficiently
Advent of IoT and Autonomous Vehicles to Accelerate Adoption

7. Blockchain
Blockchain can be Applied in Cryptocurrency, Smart Contracts, Asset Allocation, and Integrated Services
Major Wave of Adoption Noted in the Middle East Region
Venture Capital-led Funding Drives Investments in Blockchain
Finance and Retail are Among the Early Adopters Followed by Healthcare
Blockchain Helps to Track Supply Chain and in Identity Management
Blockchain Would Streamline Business Processes by Providing Traceability and Transparency in Transactions

8. Everything-as-a-Service (XaaS)
Asia will see Highest Adoption of XaaS to Make it a $490 Billion Market by 2021
Multi-billion Dollar Funding is Triggering Development of Innovative Application Models
XaaS Offers Digitization Capabilities to Wider Markets by Bringing Down IT Infrastructural Costs

9. Natural Language Interaction
Adoption of Big Data Analytics is Driving Natural Language Interaction
Presence of Technology Leaders and AI-based Start-ups Driving Adoption in North America
Key Investments Have been Made in the Areas of Healthcare Followed by Automotive and Retail
Virtual Agents can Handle Complex Query Using NLI
NLI Helps Increase Productivity in Areas of Customer Relationship Management
Growth of E-commerce Companies Will Embrace NLI Application Such as Sentiment Analysis

10. Robotics Process Automation
Advancements in Banking and Information Technology Sector are Driving Adoption in North America
RPA Development Tools Have Matured Quietly Over the Years
Convergence with Cloud Computing Will Help in Delivering Infrastructure and Shared Services

11. Cyber Security
Israel is Closely Competing with North America in Terms of Adoption and Export of Cyber Security Products
United States and China Lead Patenting Activities in Cyber Security
New Generation of Security Solutions are Fast Emerging
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