Adoption of Emerging Technologies & Increasing Demand for Small Satellites

DUBLIN, Oct. 14, 2020 /PRNewswire/ — The “Global Geospatial Imagery Analytics Market: Focus on Application, Geospatial Technology, Imaging Type, Analysis, and Deployment Model – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The Global Geospatial Imagery Analytics Market report projects the market to grow at a CAGR of 15.80% on the basis of value during the forecast period from 2020 to 2025.

North America is expected to dominate the global geospatial imagery analytics market with an estimated share of 42.5% in 2020. North America, including the major countries such as the U.S., is the most prominent region for the geospatial imagery analytics market. The U.S government is aiming to explore the potential of commercial small satellites data to enhance its earth science data

The global geospatial imagery analytics market is gaining widespread importance owing to increasing efforts from the geospatial companies along with government agencies

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Chinese city launches cryptocurrency lottery, gives away digital coins to promote adoption

The Chinese city of Shenzhen will become a testing ground for a new sovereign cryptocurrency with residents issued millions in the digital coin for free. 

As reported by the South China Morning Post, citizens have been able to enter a lottery to receive the digital funds, of which coins worth 10 million yuan ($1.47 million) will be awarded to promote their use in roughly 3,400 designated stores in the Luohu district. 

The 50,000 “red packets” will each contain roughly $30 in cryptocurrency. Chinese citizens living in Shenzhen have been able to apply via iShenzhen, a blockchain-based and government-operated network that backs the new sovereign asset. 

See also: IRS offers grants for software to trace privacy-focused cryptocurrency trades

Digital Renminbi, an official state app, can be used to create an e-wallet to store and exchange the cryptocurrency. The gift amounts can only be used until October 18 and cannot be transferred

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Productivity Commission claims wide-spread regtech adoption will lift compliance

An information paper by the Productivity Commission has highlighted how there is scope for Australia to adopt regulatory technology (regtech) beyond the financial sector, with the belief it can improve regulatory outcomes and reduce the costs of administration and compliance.

In its regulatory technology information paper [PDF], the Productivity Commission noted how Australia is “well-placed” to develop regtech solutions given its “relatively stable and sophisticated” regulatory systems, but currently, extensive use of regtech remains relatively low.

“Low awareness can dampen both demand and supply responses — business need to see value in changing their software so that developers see value in investing in applications, which in turn deliver the value businesses need to see,” the paper stated.

It went on to suggest that Australia could extend its existing use of “low-tech” solutions, including digitised data, forms, registers, and transactions to streamline business and individual transactions with government, as well as

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Collectibles Go Digital with DigiCol, Multi-functional Infrastructure for the Next Wave of NFT adoption

DigiCol

DigiCol
DigiCol
DigiCol

VICTORIA, Seychelles, Oct. 11, 2020 (GLOBE NEWSWIRE) — The hype in Decentralized Finance (DeFi) quickly dissipated as DeFi-related assets recorded sharp reversals in their price. DeFi users that were overleveraged observed their wealth evaporate as the value of their collateral diminished. As DeFi interest subsides, NFT interest has been piqued.

Non-fungible tokens (NFTs) are distinct token types that derive their utility from being diverse and unique from other tokens. Data is suggesting that we are approaching the next wave of NFT adoption.

NFTs can be considered to be digital collectables which are traded and secured on a blockchain infrastructure. They are commonly tied to non-fungible ERC721 tokens on the Ethereum blockchain. Google data shows record-high search volume for the term “NFT”.

DigiCol will provide the infrastructure for the next wave of NFT adoption. NFT users have previously faced stiff technical barriers to creating and using NFTs. It

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Will Bitcoin Make A Good Investment? Institutional Adoption (Cryptocurrency:BTC-USD)

Bitcoin buyers fall into two camps (primarily). Those who trade the cryptocurrency and those who “stack Satoshis,” a term for stockpiling on Bitcoin as a means of building long-term wealth. Stacking Satoshis may be the most successful tactic due to a few key iterations that Bitcoin will go through to ultimately strengthen its price and reputation as a solid investment choice. Many Bitcoin experts expect Bitcoin to be at the height of its development in 2025.

There are key reasons as to why Bitcoin will make a solid long-term asset over the next five years and may reach its peak as a new technology with mass adoption in seven to ten years. This series explores why strategically entering the bitcoin market at a good entry price will make a solid investment for the future.

Bitcoin Investment Cycle: Institutions

Bitcoin’s investment cycle is important to understand as the cryptocurrency has the

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Touch Controller IC Market | Adoption of New Technologies to Boost the Market Growth

The global touch controller IC market size is poised to grow by USD 6.67 billion during 2020-2024, progressing at a CAGR of over 15% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005438/en/

Technavio has announced its latest market research report titled Global Touch Controller IC Market 2020-2024 (Graphic: Business Wire)

The consumer inclination toward new technologies and devices will be a significant factor in driving the growth of the touch controller IC market. The incorporation of features such as unlimited touch, single and multi-touch, automotive touch, flexibility, passive

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AI Adoption Accelerates during COVID-19 Pandemic; 68% of US Businesses Increased Investment in AI Technologies

Highlights

  • Use of AI technologies reached 81%, up 33 percentage points since 2018

  • AI investment and adoption accelerated during COVID-19 pandemic

  • 86% of survey respondents believe that ethical considerations are a strategic priority in the design and implementation of their AI systems

  • AI is more likely to be used to increase efficiencies and worker productivity than to replace labor

  • US competitiveness in AI on the world stage remains a concern

The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.

The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year

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RELX Survey: AI Adoption Accelerates during COVID-19 Pandemic; 68% of US Businesses Increased Investment in AI Technologies – Press Release

NEW YORK–(Business Wire)–The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.

The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year overview of AI adoption. It features insights from business leaders across eight industries (government, healthcare, insurance, legal, science/medical, banking and agriculture) and covers AI’s impact on businesses’ success, the future of work, global competition, ethics, and the global COVID-19 response. More than 1,000 U.S. senior executives were surveyed.

COVID-19 Drove AI Technology Investment and Adoption

COVID-19 is the most pressing issue facing US executives today as it reshapes

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Automotive HD Maps Market Will Showcase Negative Impact During 2020-2024 | Adoption of Cloud-based HD Maps to Boost the Market Growth

Technavio has been monitoring the global automotive HD maps market and it is poised to grow by USD 815.93 mn during 2020-2024, progressing at a CAGR of almost 17% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005476/en/

Technavio has announced its latest market research report titled Global Automotive HD Maps Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth

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Internet Protocol Camera Market – Actionable Research on COVID-19|Growing Adoption of Smart Homes to Boost the Market Growth

The global internet protocol camera market size is poised to grow by USD 8.47 billion during 2020-2024, progressing at a CAGR of over 14% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201005005618/en/

Technavio has announced its latest market research report titled Global Internet Protocol (IP) Camera Market 2020-2024 (Graphic: Business Wire)

The growing adoption of smart homes will be a significant factor in driving the growth of the IP camera market. The increasing number of thefts and burglaries in various countries has boosted the demand for security solutions,

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