BizTechReports Features Insights from Gartner, Frost & Sullivan and ABI Research

SILVER SPRING, Md. - Oct. 6, 2021 - PRLog -- BizTechReports (www.biztechreports.com) has published its latest roundup of research from leading analysts and consulting firms influencing the enterprise IT decision-making community. Here are the latest analyst news and views:

According to ABI Research, as consumers grow more interested in virtual reality (VR), steady growth in both enterprise and consumer VR segments over the next five years will lead to 50.1 million VR Head-Mounted Display (HMD) shipments. In so doing, it will generate more than $56 billion in total VR market revenues by 2026. The pandemic brings new opportunities -- and competition -- for companies in the VR market. To read more, please visit: https://www.biztechreports.com/news-archive/2021/10/1/total-virtual-reality-market-revenues-will-surpass-us56-billion-by-2026-states-abi-research

Similarly, Gartner reports that virtual markets such as digital wallets, customer identity and access management (CIAM) -- as well as virtual customer assistants (VCAs) -- will drive digital commerce as adoption of these technologies increases. To read more, please visit: https://www.biztechreports.com/news-archive/2021/10/4/gartner-reveals-four-technologies-that-will-have-high-impact-on-digital-commerce-over-the-next-two-years

Meanwhile, Frost & Sullivan finds that the rise of high-capacity networks with enhanced mobile broadband, massive machine communications, and ultra-reliable low-latency communications are fueling the demand for higher-quality 5G new radio (NR) drive testing. The global mobile network drive test equipment market is estimated to reach $522.5 million by 2025 from $253.2 million in 2020, expanding at a 15.6% compound annual growth rate (CAGR). To read more, please visit: https://www.biztechreports.com/news-archive/2021/10/5/5g-deployments-boost-global-mobile-network-drive-test-equipment-market-finds-frost-amp-sullivan

New ABI Research discusses the extensive cost of last mile shipping often leads to a lack of profitability. Over 50% of costs can be attributed to inefficient last mile deliveries. Increasing demand for e-commerce and rising consumer expectations places greater pressure on companies to expedite delivery while keeping costs low. As a result, subscriptions to local delivery commercial telematic systems are expected to double over the next five years to reach 1.2 million by 2026. To read more, please visit: https://www.biztechreports.com/news-archive/2021/9/29/local-delivery-commercial-telematics-system-subscriptions-to-more-than-double-from-2021-to-2026

About BizTechReports:

BizTechReports is a syndicated independent reporting agency with offices in the Washington, D.C. area that is dedicated to covering the researchers, analysts, consultants and industry influencers who report on the new developments that are making a difference with how it is that we live our digital lives.