Artificial intelligence, virtual and augmented reality (VR / AR), IoT and Voice Command are key trends in technology.
China’s TMT M&A deals overseas grew by a CAGR of 27% from 2012 to 2016, far exceeding North America, Europe and other regions, and is expected to grow steadily in 2017 as Chinese tech companies try to acquire foreign high-tech and realize their globalization strategies, according to Deloitte.
Google’s launch of YouTube TV, alongside the continual growth of over-the-top (OTT) content providers such as Netflix and Amazon, has led to a growth of pared-down, less costly subscriptions. Some commentators believe TV’s days are numbered.
The world’s biggest internet companies, including Google, Facebook and IBM, are investing heavily in AI-based tech – this is set to continue at an increasing rate. 2017 has already seen Amazon buy data security firm harvest.ai for $20m, and Baidu acquire AI voice assistant platform Raven Tech.
The telecoms industry is enjoying unprecedented demand for network services, as mobile data demand grows globally, paving the way for new markets such as Internet of Things (IoT).
The expanding presence of augmented reality (AR) and virtual reality (VR) represents a spirited vision for mid-market businesses. Mid-sized firms are aggressively competing alongside bigger players to deliver their products in a more tangible and experiential manner than ever before.
Mergers and acquisitions will soar over the next 12 months, as companies in a wide array of industries seek to improve efficiency in business processes and increase protection against cyberattacks.
Under the TMT Sector, we serve the below sub-sectors:
- Software & Technology