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By Dipesh Ranjan, senior vice president and head of Asia Pacific, Mavenir.

The rise of blockchain and nonfungible tokens (NFTs) has undoubtedly found their way into the gaming arena. According to the Blockchain Game Alliance, NFTs games generated a revenue of US$2.32 billion in the third quarter of last year, accounting for about 22% of all NFT trading. The number of wallets linked to gaming also skyrocketed from 29,563 in the first week of 2021 to 754,000 in the third quarter, representing a 2,453% growth.

The global smart cities market was valued at US$334.2 billion in 2018 and is estimated to reach a value of US$1,359.8 billion by 2027, according to research firm Coherent Market Insights. This represents a CAGR of 16.3% between 2017 and 2027 and a sizeable market that holds vast potential.

Accelerating digital capabilities and building resilience in a fast-evolving and competitive market is paramount to long-term enterprise growth. Across the board, business leaders are navigating emerging technologies as a force multiplier to scale their digital ambitions and seize new opportunities in a changing landscape. Here, we identify some significant tech trends that will shape telcos.

According to Cushman & Wakefield, the Asia Pacific data center market is poised to become the world’s largest data center region over the next decade. In a 2022 report, Singapore takes the top data center spot in the Asia Pacific, and the second place globally – tying with Silicon Valley after Virginia. In the region, Hong Kong claims the second spot, Sydney comes in third place, while Shanghai maintains fourth place.

By Hikvision Digital Technology

Entering 2022, the world continues to endure the pandemic. But the security industry has, no doubt, continued to shift, adapt, and develop in spite of things. Several trends have even accelerated. 

Communication service providers (CSPs) are predominantly oriented towards the B2C market, with more than half of all global CSPs obtaining 90% of the revenue from the consumers market. However, increased competition by OTTs has strained CSPs’ revenue. Meanwhile, the urgent need for enterprises to digitalize creates increased demands for CSPs. Coupled with the rise of next-generation technologies including 5G, IoT, cloud and AI, CSPs recognize the importance of innovating and reinventing to unlock new monetization opportunities.

One of the fast-growing regions in the world with over half of the world’s total subscribers, Asia Pacific is a hotbed for 5G adoption. According to Juniper Research, over 60% of global 5G connections will be located in the region by 2026.

Phishing is a mode of cyberattack whereby a malicious actor impersonates a reputable identity and uses fraudulent communications forms to trick users into clicking a malicious link embedded in a text message or email. The attacker then steals sensitive user data such as credit card numbers, bank account numbers, login information or installs a malware on their devices.

Flagship phones of major brands like Huawei, Apple, and Samsung have already started to support 5G. If you are still hung up with a 4G LTE-supported device, you must be wondering if it’s actually worth it to upgrade now.