BizTechReports Features Insights and Analysis from Parks Associates, Gartner and ABI Research

SILVER SPRING, Md. - May 4, 2022 - PRLog -- BizTechReports (www.biztechreports.com) has published its latest roundup of insights and analysis from leading analysts, influencers, and consultants covering the technology markets. Here are their recent news and views:

Despite the proliferation of available smart home devices and services, the adoption rate for many smart home products has remained consistent (slow and steady) over the past few years. Parks Associates research indicates that the primary inhibitors to smart home device purchases are: 1) poor perception of product value; 2) security and privacy concerns; and 3) fear of technical issues. To read more, please visit: https://www.biztechreports.com/news-archive/2022/5/2/parks-associates-finds-why-consumers-are-not-buying-smart-home-devices

After years of slow but steady growth in limited use cases, virtual reality (VR) will face a market explosion over the next five years. Consumer interest in VR games and media continues to grow after COVID accelerated activity. ABI Research projects over 90 million head-mounted display (HMD) shipments per year by 2027 will power total VR market revenues to reach over $95 billion in the same year across hardware, software, and services. To read more, please visit: https://www.biztechreports.com/news-archive/2022/5/2/virtual-reality-spurred-by-renewed-immersive-opportunities-will-reach-90-million-total-device-shipments-in-2027-states-abi-research

Meanwhile, Gartner expects 65% of B2B sales organizations to adopt data-driven decision making by 2026, leaving behind intuition-based judgements, using technology that unites workflow, data and analytics. Chief sales officers (CSOs) who want to modernize their virtual selling strategy should build a technology stack based on three critical attributes: improving buyer engagement, data-driven seller actions and simplified seller workflows. To read more, please visit: https://www.biztechreports.com/news-archive/2022/5/3/gartner-predicts-65-of-b2b-sales-organizations-will-transition-from-intuition-based-to-data-driven-decision-making-by-2026

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.