article thumbnail

3 Key Risks for IoMT Product Development

Planview

billion in 2028. Although medical devices currently account for 1% of the global chip supply, demand is expected to double before 2028 — and supply chain issues aren’t going anywhere. Over the past few years, the global IoMT has had an annual growth rate of 26.2%. That number is expected to skyrocket as the market increases from $30.79

article thumbnail

How IoT Unlocks Uninterrupted Hypergrowth for Retail and CPG

Acuvate

billion in 2020 and is anticipated to increase at a compound annual growth rate (CAGR) of 26% between 2021 and 2028. Much like every other industry, digital disruption has large-scale implications for the retail and the CPG sector. The worldwide internet of things in the retail sector was worth $ 31.99

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Powerful Intersection of Blockchain and Data Set to Transform and Drive Businesses Forward

Acuvate

billion by 2028, whereas the global blockchain market is estimated to reach USD 163.83 It is ready to disrupt business as we know it – and Acuvate is prepared for this transformation. On the one hand, big data facilitates the provision of data for business decisions; blockchain provides its effective validation and storage.

Data 52
article thumbnail

Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business Review

For Tesla to reach a $650 billion valuation by 2028, the market will have to shift dramatically, with electric vehicles becoming the overwhelming percentage of all new sales. ” Tesla also receives more questions that other automobile manufacturers on the topic of disruption.