5G will transform the healthcare sector even more profoundly than remote diagnostics and consultations. It will be the breeding ground for technologies like Artificial Intelligence (AI), Augmented Reality (AR) and Virtual Reality (VR) in the healthcare environment.
While this year's growth is somewhat slower than previous years due to the economic impact of Covid-19, research firm IDC said investment in AI will recover quickly.
Huawei for the first time reached the number 1 position with 55.8-million smartphones shipped in Q2 as it achieved its highest-ever share (20.0%) of the global smartphone market.
After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to analyst firm ABI Research.
While the flat panel TV market is experiencing challenges, Covid-19 has had the opposite impact on the streaming media device market with video streaming services becoming more popular during lockdown due to their low-cost compared to pay-TV.
The millions of employees working and networking from home during the Covid-19 pandemic has proven that video is a powerful and successful tool for marketing, collaboration, training, and many other use cases for businesses across multiple industries.
As restrictions around the world tightened in the first few weeks of the quarter, demand for notebooks continued to grow to maintain continuity of business and schooling for many communities.
The report from StartupBlink noted that the Philippines enjoys a large remote workforce for international startups, with the advantage of having a “talented English speaking population”.
