Tech, Media and Telecom (TMT) Predictions 2023 - Thematic Intelligence

Tech, Media and Telecom (TMT) Predictions 2023 - Thematic Intelligence

Summary

Companies that invest in the right themes become success stories; those that miss the big themes end up as failures. Given that so many themes are disruptive, it is very easy to be blindsided by industry outsiders that enter your sector. To help businesses in the tech, media, and telecom (TMT) industry stay ahead of the competition and understand what 2023 will hold, GlobalData’s thematic analysts have produced the TMT Predictions 2023 report.

In this report, we identify the top 25 themes that will impact the TMT industry in 2023. We predict how each theme will develop in 2023, provide infographics using data from GlobalData’s intelligence centers, identify winners and losers, and point you towards further reading. This multi-theme report will help you to understand and identify the important themes that threaten to disrupt your business in 2023. Opportunities await those who can exploit the benefits of each theme.

Consumer interest and increasing regulation have afforded environmental, social and governance (ESG) themes greater consideration in company strategy. All large technology companies have a stated commitment to ESG, but their goals, delivery, and reporting can vary substantially. In 2023, consumers will focus on the immediate concerns of rising inflation and the energy crisis, and ESG will be overshadowed.

The combination of inflation, supply chain disruption, and the Russia-Ukraine war will ensure that 2023 is another turbulent year. During the expected recession in many developed markets, consumers will struggle to justify purchasing non-essential products such as smartphones and televisions, resulting in reduced growth for the consumer tech industry. However, the difficult economic climate could present new opportunities for enterprise tech vendors as companies turn to digital transformation to cut costs and improve efficiency.

Cooling interest, economic obstacles, and the immaturity of enabling technologies will lead to a metaverse winter in 2023. The metaverse has been promoted as a revolution in how humans socialize, consume media, and work. This will not happen until the metaverse is regulated, interoperable, and has a common definition, which will not occur in 2023.

Scope

• Analysis of the 25 most important themes impacting the TMT sector, classified into three groups: technology, macroeconomic, and regulatory. These include ESG, AI, the Ukraine conflict, the metaverse, the future of work, and data privacy.
• A series of quantitative and qualitative predictions for each theme in 2023, including market forecasts. Infographics are provided for each theme to justify key predictions using survey results and data from GlobalData’s patents, jobs, deals, company filings, and social media analytics databases. Winners and losers are identified in each theme using data from thematic scorecards, driven by GlobalData’s unique thematic methodology.

• Position yourself for future success by investing in the most important tech, regulatory, and macroeconomic themes in the TMT industry. Informed by GlobalData’s analysts, we provide recommendations on the actions you should take in each theme to improve your standing.
• Source the leading vendors for the most disruptive themes in the TMT industry from our winners' lists and shortlist potential partners based on their areas of expertise.
• Quickly identify attractive investment targets by understanding which companies are the most advanced in the themes that will determine future success in the TMT industry.
• Quantify the global sales opportunity for disruptive tech services by accessing GlobalData’s market size and forecasts, produced by technology, healthcare, automotive, retail, banking, aerospace, defense, and security analysts.