The 2023 TMT Predictions explore how today’s technologies are creating new tomorrows, in the context of the world we find ourselves in today. With rising inflation, slowing economies and shifting consumer confidence. Technology innovation and sustainability are core themes of the 2023 report which are influenced by the economic environment.
The focus of the predictions is global, albeit each of the 15 predictions across Telecommunications, Semiconductors, Screens and media, Technology and M&A have relevance to the Australian market and our own TMT landscape.
In Telecommunications, the continued rollout of stand-alone 5G in 2023 will spur on innovation in the products and offers that operators provide to consumers and enterprises. At the same time satellite broadband delivered through Low Earth Orbit (LEO) satellites, which we first covered in our 2020 predictions, is starting to become more competitive within the space ecosystem, as the market for LEO broadband on earth begins to simmer.
The events of the last 3 years of 360 environmental impacts have spurred on the competition for our attention which the screens and media prediction deep dives into. Advertising Video on Demand (AVOD) supported streaming content and shoppable content are experiencing high growth in 2023 as VR content becomes more prevalent and the streaming wars are moving to the sports arena.
The Technology predictions explore how enterprise edge computing is becoming a higher portion of technology spending at a time that Green Tech is a gets the green light from investors as enterprises move to net-zero targets. M&A may well be back on the top of the list for companies in the form of divestitures with a spotlight on the gaming industry as a lightning rod for TMT investment in Australia.
Predicting long-term trends can be an easier task than predicting what will take place in the next 18 months, given the uncertainty in the economic outlook. These predictions aim to bring the global outlook to the local level by providing a bold perspective on the big trends in TMT for 2023 in Australia.
Find out how these predictions may influence the Australian industry in 2023 and beyond.
Download the report