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Follow on Google News | ![]() BizTechReports Features Insights from ABI Research, BIA Advisory Services and XperiLatest Roundup Offers Analyst Perspectives on: Successful Digital Experience Ecosystems, Future of the Steel Industry, Local Advertising Revenue
By: BizTechReports In a recent podcast interview for journalists, Xperi Corporation, CEO Jon Kirchner discussed the strategic, operational and economic implications of delivering quality, managing complexity and building trust in today's global digital marketplace. Comprehensive ecosystem-wide collaboration and coordination, he says, will be the key to meeting the needs of increasingly sophisticated consumers who demand high-quality experiences that are easy and safe to use. To read more, please visit: https://www.biztechreports.com/ ABI Research finds steel manufacturers' investment in digital transformation will grow at a CAGR of 10.9% between 2022 and 2031, reaching $5.9 billion. Investment into data analytics to optimize the steel production process will result in up to $2.9 billion in revenues by 2031. Bolstering the data flows will be investments in industrial devices and applications, fortified by security expenditures. Both will experience upticks in enterprise investments, with 5.9% and 8.4% CAGR respectively. To read more, please visit: https://www.biztechreports.com/ Meanwhile, BIA Advisory Services has decreased its 2022 U.S. Local Advertising Forecast estimate to $167.4 billion, from its original estimate of $173.3 billion issued in December 2021. Headwinds from overseas conflicts, continuing supply chain issues, and deep cuts in ad spending from large verticals -- like automotive -- precipitated the reduction. Positives for the ad market still include an anticipated strong political ad year, the expansion of online gambling, local advertising and consumer spending on leisure and recreational activities. To read more, please visit: https://www.biztechreports.com/ 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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