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News and reports from Technology Times Newsroom

IoT | Internet of Things market heads for $185.9b by 2023

Worldwide Internet of Things (IoT) markets are poised for significant growth with use of sensors, cameras, and platforms that are used to help implement precision digital control and send alerts for all manner or management of devices and machines, according to a new report. The Internet of Things (IoT) Market Shares, Strategies, and Forecasts, Worldwide, 2017 […]

Public Safety LTE ‘go mainstream after 2020’

ublic safety LTE will hit the mainstream markets after 2020 as trials and deployments gain momentum across the world, according to ABI Research predictions. Hardware revenue is expected to grow by 30% annually, reaching $540 million in 2025. The United States, UK, and South Korea will host the world’s first three operational public safety LTE networks by the end of 2017 […]

NIGERIA | Grey targets AD stakes in new deal with Centrespread

REY, the advertising giant hopes to strengthen its Nigerian market stakes with the appointment of Centrespread, one of Nigeria’s largest independent advertising communications groups, as its local affiliate. The GREY-Centrespread alliance signals yet another critical step in GREY’s growth strategy of developing its networks in fast growing and important markets and sectors in the MEA (Middle East […]

Nigeria | ‘Official’ PC market posts record fall, IDC says

Official PC shipments to Nigeria fell 57.1% year on year in 2016 to total 156,511 units, according to the latest figures compiled by International Data Corporation (IDC). Babatunde Afolayan, a senior research analyst at IDC West Africa, says this means the market has now fallen to its lowest levels since IDC started tracking it in […]

TECHNOLOGY | U.S. eyes Nigerian market opportunities

The US Nigeria Council, formed to bring US and Nigerian businesses “to the table” will explore opportunities in the Nigerian technology sector. Co-Chair of the Council, John Coumantaros, who dropped the hint following the announcement of the formation of the Council says the Nigerian technology sector will form a key area of business opportunities by the […]