For much of the market’s history, smartphones have seen high levels of growth. However, in the latter half of the 2010s, the market began to stagnate; leading to lengthened purchase cycles and a decline in smartphone shipments. For many users, the impetus to upgrade to a new device dwindled, due to the consistency of features across devices and price ranges, with current devices deemed adequate and unlikely to be greatly improved by upgrading.
We sat down with Jose Sanchez, Head of Product Line Management Solutions at Thales, to talk about the latest breakthroughs in IoT and the “magic” of the Company’s new Cinterion® Connectivity Activation Solution.
Due to the COVID-19 pandemic, there has been a widespread acceleration of digitalisation across a number of different verticals. With government lockdowns in certain regions requiring the cessation of non-essential appointments, hospitality, personal care, retail and travel, enterprises and organisations have been forced to develop their digital presence at unprecedented rates.
The digital content landscape continues to evolve at a rapid pace. As more people consume content through digital platforms, the diversity of stakeholders involved in the digital content market ecosystem is growing. This reflects the ever-changing shifts happening in the market.
The way in which payments are made has been changing for some time. The number and success of online retailers has been growing, and in many parts of the world, cash transactions are representing a smaller percentage of payments year-on-year. These economic changes have a stark implication for POS terminal vendors, who risk their products being marginalised, as customers stay away from bricks-and-mortar retailers, or may lack the functional capabilities to process contactless payments.