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Follow on Google News | ![]() BizTechReports Features Insights from Frost & Sullivan, IDC and ABI ResearchLatest Analyst Roundup Offers Analyst Perspectives on: Digital Grid Equipment, Ultra-Wideband Technology, 5G Spectrum Policies
By: BizTechReports A recent report from Frost & Sullivan finds that technological advancements and countries' emphasis on climate change policies are expediting market growth of the global digital grid. Aging infrastructure, the need for higher reliability and resiliency, increased distributed resources, and the declining cost of digital solutions will also compel economies to adopt a digital grid. As a result, the market is likely to garner $9.21 billion in revenue by 2030 from $8.15 billion in 2020, an uptick at a moderate compound annual growth rate of 1.2%. To read more, please visit: https://www.biztechreports.com/ While 5G connectivity is grabbing the consumer technologies headlines, the market is also witnessing a massive uptake of ultra-wideband (UWB) technology, according to ABI Research. Despite UWB being early in its ecosystem development, it is fast becoming a major short-range wireless technology for use across many applications, including smartphones, wearables, tablets, mobile accessories, and other consumer electronics. UWB-enabled devices will reach more than 1.3 billion shipments by 2026, growing from 143 million in 2020. To read more, please visit: https://www.biztechreports.com/ Meanwhile, IDC reports that there is a dire need to ensure that 5G spectrum policies in the Gulf Cooperation Council (GCC) region and South Africa include effective spectrum allocation and management strategies. This is key to ensuring that the evolution from 3G and 4G networks to 5G networks is seamless, viable for ecosystem players, and accelerates digital transformation imperatives. To read more, please visit: https://www.biztechreports.com/ 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. End
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