Operator‑billed 5G connections revenue to reach $357 billion by 2025

Operator‑billed revenue from 5G connections will reach $357 billion by 2025, rising from $5 billion in 2020, its first full year of commercial service, according to Juniper Research. By 2025, 5G revenue is anticipated to represent 44% of global operato… Continue reading Operator‑billed 5G connections revenue to reach $357 billion by 2025

Total number of IoT connections to reach 83 billion by 2024

The total number of IoT connections will reach 83 billion by 2024, rising from 35 billion connections in 2020, according to Juniper Research. This represents a growth of 130% over the next 4 years. The research identified the industrial sector as a key… Continue reading Total number of IoT connections to reach 83 billion by 2024

Number of 5G connections to reach 1.5 billion globally by 2025

The total number of 5G connections will reach 1.5 billion globally by 2025, rising from only 5 million in 2019, according to Juniper Research. This is an annual average growth of 150% over the next 6 years. The new study forecast that the US and South … Continue reading Number of 5G connections to reach 1.5 billion globally by 2025

Facial recognition hardware to reach over 800 million devices by 2024

A new report from Juniper Research found that facial recognition hardware, such as Face ID on recent iPhones, will be the fastest growing form of smartphone biometric hardware. This means it will reach over 800 million in 2024, compared to an estimated… Continue reading Facial recognition hardware to reach over 800 million devices by 2024

Cost of data breaches to surpass $5 trillion in 2024

A new report from Juniper Research found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation… Continue reading Cost of data breaches to surpass $5 trillion in 2024

Mobile ID schemes take the lead over digital identity cards

The number of people using government-issued digital identity credentials will grow by over 150% from an expected 1.7 billion in 2019 to over 5 billion in 2024, according to Juniper Research. Emerging economies in Asia and Africa are some of the bigges… Continue reading Mobile ID schemes take the lead over digital identity cards

Annual spend on Mobile Edge Computing will reach $11.2 billion by 2024

Total annual spend on Mobile Edge Computing (the collection and analysis of data at the source of generation, at the Edge of the network, instead of a centralised location such as the cloud), will reach $11.2 billion by 2024, according to Juniper Resea… Continue reading Annual spend on Mobile Edge Computing will reach $11.2 billion by 2024

Losses from online payment fraud to reach $48 billion annually

A new study from Juniper Research has found that annual online payment fraud losses from eCommerce, airline ticketing, money transfer and banking services, will reach $48 billion by 2023; up from the $22 billion in losses projected for 2018. Juniper’s … Continue reading Losses from online payment fraud to reach $48 billion annually

Regtech to account for 40% of global compliance spend by 2023

A new study from Juniper Research has found that spending on Regtech platforms will exceed $115 billion by 2023, up from an estimated $18 billion in 2018. The research found increased regulatory pressures, as demonstrated by the recent GDPR implementat… Continue reading Regtech to account for 40% of global compliance spend by 2023