TMT Predictions 2023: Canadian connections

How will trends in the technology, media, and telecommunications (TMT) industry affect Canadian businesses and consumers in 2023? Macroeconomic factors—rising interest rates, falling TMT company valuations, high inflation, and low consumer confidence—are driving the TMT agenda for the next 12 months. While these may have everyone keeping an eye on the bottom line, progress stops for no one:

• Better designed chips to ensure efficiency on a budget: Semiconductor companies are using AI to design better chips faster, cheaper, and more efficiently
• Live sports - the next arena for streaming wars: Streamers will continue to invest in major sports rights to provide more access to fans
• Screens and Media: AVOD finds an increasingly receptive audience as our daily lives becoming intrinsically linked to a digital world through AVOD, SVOD, and VR
• Tech’s commitment to a more sustainable future: Organizational and personal impacts are pushing tech leaders toward faster climate action