The global fingerprint sensors market is expected to hit $12.82 billion by 2023, growing at a CAGR of 15.7%, according to a new market research report by BIS Research titled Global Fingerprint Sensors Market, Analysis, and Forecast 2017-2023. The massive proliferation of smartphones on a global scale, the increasing adoption of biometrics by various governments and law enforcement agencies, and the provision of second or third level security with the fingerprint authentication devices are driving the tremendous growth of the market.

Cloud computing allows end-users to utilize a network of remote servers hosted over the internet to store, manage, and process data instead of relying on a local server or system. With the emergence of cloud-based technologies, the retail industry has undergone tremendous transformation.

Augmented reality is getting a huge market thrust from Apple and Google after its initial success with Pokemon GO. Google and Apple are using augmented reality (AR) in their new devices and have embedded AR into current online software.

Augmented reality markets are positioned to further modify consumer thinking and consumer behavior, create new user experiences, and generate thousands of opportunities for businesses to reach potential customers in a more immediate manner than is now possible.   

Self-driving cars represent the next generation of personal vehicles. Self-driving cars with artificial intelligence are starting to be used in 2017 and will gain more use in 2018.

By 2021, all the new personal vehicles being sold will have autonomous capability, which has the potential to increase performance and safety dramatically. 

There is an ongoing convergence of four key technologies that are poised to transform the Information and Communications Technology (ICT) ecosystem. Those technologies are Fifth Generation (5G) cellular, Artificial Intelligence (AI), Data Analytics, and the Internet of Things (IoT).

Many of the world’s largest corporations are investing in artificial intelligence. Advancements in AI could give these companies “an unbelievable advantage,” according to the MIT Technology Review.

A concept once associated mostly with science fiction, AI is now being applied to everything from web search and personal assistants, to industrial robots, self-driving cars, and autonomous weapons.

Unquestionably, the leading infrastructure as a service (IaaS) cloud hosting service provider is Amazon Web Services (AWS). The company began offering data storage services in 2006, launching Amazon S3 (Simple Storage Service) in March of that year, and Amazon EC2 (Elastic Compute Cloud) in August.

New and emerging technologies have the potential to disrupt and transform a variety of important industries. Mind Commerce, a trusted source for research and strategic analysis, has written a series of articles highlighting new, influential trends in digital technologies and telecommunications. Here, we’ve compiled eight Mind Commerce posts that received the most page views. Click to the posts that interest you to gain valuable new insights from an experienced market research firm.

In the next four years, the global market for mobile education is expected to grow at a compound annual growth rate of 21 percent, according to a report by TechNavio – Infiniti Research. With rising adoption of tablets and mobile devices, education tools are becoming increasingly digitized. A variety of new education apps have the potential to improve learning outcomes and help educators engage their classroom more effectively, but the market is already highly competitive. Large companies like Adobe and Blackboard dominate the industry, and high upfront costs often present a barrier to entry for new players.

Even so, a variety of new companies have appeared on the scene in the last several years — with a mission to revolutionize the way students learn, apply to college, and take classes. To find out about a range of new educational apps and online platforms, check out this post.

What is the fastest-growing market in the IT industry? According to MarketsandMarkets, it’s business intelligence and analytics software. The global business intelligence and analytics software market is expected to increase from $17.90 billion in 2014 to $26.78 billion in 2019, with a compound annual growth rate (CAGR) of 8.4 percent.

Given today’s competitive business environment, many companies are looking for ways to optimize their operations and improve tactical and strategic decision-making. Business intelligence and analytics software can help a variety of employees — including executives, financial analysts, marketing managers, security personnel, and others — monitor and visualize real-time data across an organization. These BI software tools include dashboards, visual analytics, and reporting capabilities that help business professionals make sense of data and identify new opportunities to improve ROI.