TMT Predictions 2016
Virtual reality is expected to become a billion dollar market in 2016
For the 15th year, Deloitte predicts the trends that are likely to have significant medium- to long-term impacts on companies in Technology, Media, and Telecommunications (TMT), and other industries over the next 12 – 18 months.
This year, 17 trends are likely to have significant impact on companies in Tech, Media, Telco and other industries in 2016. Read the highlights in the infographic, view de info per prediction or download the report for a detailed explanation of the trends.
Deloitte predicts a significant growth potential in cognitive technologies, such as speech recognition, natural language processing and machine learning. By the end of 2016, more than 80 of the world’s 100 largest enterprise software companies by revenues are expected to be using integrated cognitive technologies to their products, unleashing the potential of the Internet of Things. By 2020, about 95% of the top 100 will launch products with cognitive technologies. 2016. While cognitive technologies may get less immediate attention from consumers than new virtual headsets, it is likely to be more important over the long run for the enterprise and for consumers alike.
All Tech Trends:
- Touch Commerce: the mobile online checkout gets an express lane
- Women in IT jobs: it is about education, but also about more than just education
- Trailing millennials are the pro-PC, not the post-PC, generation
- Graphene: research now, reap next decade
- Cognitive technologies enhance enterprise software
Virtual Reality will have its first billion dollar year in 2016, with about US dollar 700 million in hardware sales and 300 million from content. The main usage of VR in 2016 will be for video games. Deloitte estimates sales of about 2.5 million VR headsets and 10 million game copies sold. Another Media prediction is about Photo sharing; In 2016, 2.5 trillion photos are expected to be shared or stored online, a 15% increase on the prior year. Over 90% of these photos will have been taken over smartphones.
All Media trends:
- Virtual reality (VR): a billion dollar niche
- US TV: erosion, not implosion
- eSports: bigger and smaller than you think
- The award for stable box office revenues in the face of digital media goes to…
- Mobile ad blockers: saved by the app?
- European football scores $30 billion
- Mobile games: leading, but less lucrative
One of the Telco trends is about VoLTE/VoWiFi, a network operator managed call using a data connection. About 100 mobile operators worldwide will be offering at least one packet-based voice service at the end of 2016, double the amount year-on-year, and six times higher than at the beginning of 2015. Approximately 300 million customers will be using Voice over LTE (VoLTE) and/or Voice over WiFi (VoWiFi) at the end of 2016.
Now in its 15th year, Deloitte Global’s annual TMT Predictions provides a 12-18 month outlook on key trends in the technology, media and telecommunications industry sectors worldwide.
Read previous TMT Predictions:
Do you want to know more about the TMT Predictions 2016 or about the event? Please contact Patrick Steemers or Laura Haasnoot at TMT@deloitte.nl.