SILVER SPRING, Md. - March 31, 2018 - PRLog -- Internet of Things, Virtual Reality and Wearable Technologies were among the areas of focus and insights offered by leading industry analysts this week.
Key observations included:
GlobalData: The Internet of Things (IoT) is transforming the pharmaceutical industry at a rapid pace, according to new research from GlobalData. Indeed, IoT software and services in the pharmaceutical industry is expected to grow from $420 million in 2015 to $2,486 million by 2020, at a Compound Annual Growth Rate (CAGR) of 42.7 percent from 2016 to 2020. See report summary by clicking on link below:
https://www.biztechreports.com/news-archive/2018/3/29/iot-software-and-services-in-pharmaceutical-sector-to-hit-24-billion-by-2020-global-data-forecasts
ABI Research: While E-commerce and digital marketing have proven to be effective platforms, Virtual Reality (VR) is the next innovative technology that will improve and impact the retail and marketing sectors. ABI Research forecasts that VR in retail and marketing sectors is expected to generate $1.8 billion in 2022. See report summary by clicking on link below:
https://www.biztechreports.com/news-archive/2018/3/29/virtual-reality-in-retail-and-marketing-to-generate-18-billion-in-2022-abi-research-forecasts
Juniper Research: A new study from Juniper Research has found that the wearables market has begun to shift away from wrist-based devices such as smartwatches and fitness trackers, with other device categories forecast to grow much faster. See report summary by clicking on link below:
https://www.biztechreports.com/news-archive/2018/3/29/connected-clothing-to-be-a-1-billion-industry-in-2020-juniper-research-says
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