TMT Predictions 202 | Deloitte India

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Foreword

Foreword

TMT Predictions 2022

In last year’s TMT Predictions report, we called

Some of this year’s predictions are cautionary. The

COVID-19 a catalyst for the trends we were seeing

tech industry has continued to make progress in

in the TMT industry. Now, nearly two years in, we

women’s workforce representation, but sustaining

still can’t escape its impact. But we do expect that

this may take redoubled effort. Men and boys will

2022 will be about far more than recovering from

likely continue to read fewer books than women

the pandemic.

and girls, with implications for academic achievement and social skills. And stricter AI

It’s true that COVID-19 has accelerated many of the

regulations may be on the horizon, with the

trends we highlight: the lockdown-driven lift in

potential for restricting or even banning some

console gaming, churn due to greater competition

AI applications.

among streaming video services, the decline in viewing share among traditional TV broadcasters,

Yet there are also many bright spots to share.

the increasing adoption of health and wellness

Emerging privacy-enhancing technologies can help

technologies, and the growth in 5G and other

address AI’s privacy and security challenges. The

advanced connectivity for both enterprises and

easing of the global semiconductor shortage may

households. But we also look at new and shining

be in sight, and the billions of dollars’ VCs pouring

opportunities that are emerging regardless of the

into new semiconductor companies are a spur to

pandemic. In this latter category sit technologies

innovation. Smartphones are being used for longer,

like RISC-V, bringing the advantages of open source

reducing their environmental impact. And floating

to chip architecture; quantum computing and its

solar panels, aka floatovoltaics, are poised to

cousins, quantum communication and quantum

expand the renewable energy mix.

sensing; addressable TV technology that can help expand television advertising’s reach; and

We hope this year’s edition of TMT Predictions both

nonfungible tokens (NFTs), which offer new avenues

reflects the world we now live in and illuminates

for monetizing sports and other media. In fact,

the world to come.

sports NFTs started trading after March 2020, but already generate over a billion dollars in trades!

Ariane Bucaille Global Technology, Media & Telecommunications industry leader

Gillian Crossan Global Technology sector leader

Kevin Westcott Global Telecommunications, Media & Entertainment sector leader

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