The growing adoption of digital identity apps is changing the way citizens store their government-issued identities. In fact, civic identity apps are set to overtake the number of digital identity cards in use in 2023. This shift has definitely been aided by COVID-19, as the number of civic identity apps has grown unprecedently since the advent of the pandemic.
Despite the fact card and online payments may look very fast to us, they are not taking place instantly. Indeed, instant payments are transactions that are completed within ten seconds. This new payment innovation, which is currently led by Europe, will reach $18 trillion in 2025; generating a growth of over 500%. This represents 17% of all B2B and consumer digital money transfer and banking payments by value in 2025. It is therefore safe to say that instant payments have the potential to disrupt the current payments landscape.
Digital Loyalty Programme memberships are set to have substantial growth in users, as Juniper Research anticipates an increase from 37 billion in 2020 to 48 billion in 2023 globally.
One area where money transfer is rapidly evolving is the utilisation of blockchain. While it is viewed as highly progressive and sometimes unreliable in other areas, in money transfer it has a high level of potential.
The digital commerce sector is set to see substantial growth in user numbers over the next 4 years, as we see unique users surpass 3 billion by 2021. Juniper has identified two sectors set to drive the digital commerce market, in terms of transaction values; these are digital & physical goods and digital banking.
Juniper’s latest research into Digital Health has found that ageing populations mean more home-based care is needed. The corresponding digital health deliverable systems allow medical adherence or remote patient monitoring. Unhealthy lifestyles lead both to the increase in chronic diseases, but also create a need for targeted information and education.
If you are one of the websites that are still not mobile friendly in this digitally driven world, then this is a major wake up call for you. Google has announced that their latest mobile algorithm update will favour pages that are mobile-friendly when users search on their mobile devices.
Streaming is king – and Taylor Swift ain’t happy. Actually she is; she just went platinum: and more than half of those copies were sold as physical discs. However, that’s not the place to reach the greatest audience.