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New tech might get tripped up by supply chain volatility, says ABI
Jan 25, 2023
Buzzy new tech trends including the industrial metaverse, 5G wearables, printed electronics, and satellite-to-cell services may be held back by global market volatility, according to a report from the analyst firm ABI Research.
“War, inflation, political upheaval, energy shortages, and the ongoing fallout from a global pandemic are still creating a persistent sense of uncertainty,” Stuart Carlaw, ABI’s chief research officer, said in a release. “Labor shortages, supply chain issues, falling consumer sentiment, and rising input costs are squeezing many markets. However, the common aspect between all of these is that technology can either be the anchor dragging down operations or the mainsail powering companies forward. The devil is in the detail of the how, who, what, and when of technology investment and implementation.”
Despite those market pressures, ABI also named dozens of technology innovations that will likely bear fruit in the new year, including foldable electronic devices, artificial intelligence (AI) in smartphones, growth in wearables, private cellular networks at outdoor venues, and enterprise virtual reality (VR).
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
For more help with looking at supply chain options, contact Astute Electronics