IDC FutureScape: Worldwide Mining 2022 Predictions

Published: October 28, 2021 |

IDC | 16 Pages | Delivery time: 1-2 business days

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This IDC study contains the outlook of the IDC Energy Insights analyst team for the worldwide mining industry for 2022-2027. "Next year 2022 will see the world accept and build upon what is now the new normal. Consolidating the learnings from rapidly deploying remote working technologies will provide the foundations to further develop the talent required to implement and maintain other remote tools, such as remote-operated and automated machinery. Miners have embraced DX to maintain production in astounding numbers, and they have come a long way in a short time. This will have a positive influence on the industry over the next five years," says Ben Kirkwood, senior research manager, IDC Energy Insights Worldwide Mining.

Product Code: US47065021

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers
Predictions: Impact on Technology Buyers
- Prediction 1: Accelerated as a Result of the Pandemic, by 2022, 75% of the Top 100 Miners Will Operate Remote and Autonomous Drill Rigs Throughout Their Operations, Improving Equipment Efficiencies
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 2: By 2022, 5% of global Mining Operations Will Be Early Adopters of 5G to Utilise Reliable, Low-Latent Connectivity-Reliant Technologies, Improving Safety, Sustainability, and Operational Performances
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 3: By 2023, 80% of Mining Organisations Will Use Sustainability KPIs as Part of Their Primary Operational Control Parameters to Help Achieve Their Organisational Environment, Social, and Governance Targets
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 4: By 2023, 25% of the Top 100 Mining Organisations Will Utilise Augmented Reality to Perform Operational Maintenance, Reducing On-Site Labour Requirements by 20%
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 5: OT-Specific Security Departments Will Be Created by 4 of the Top 5 Mining Organisations by 2023 as Organisations Struggle with Secure IoT Implementations
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 6: Enabling Improved Sustainability and Operational Tracking, by 2024, 10% of Metals Produced Will Use Blockchain to Track and Monitor the Commodities' Value Chain from Origin to Final Product
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 7: By 2024, 50% of the Top Mining Organisations Will Utilise Cloud-Based Operational Planning and Simulation Tools, Providing Decision Support, Greater Analytics, and Improved Optimisation Capabilities
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 8: By 2025, 80% of Organisations Will Utilise an Equipment-As-A-Service Model in Partnership with Major Vendors to Provide Support for Critical Operational Equipment and Systems
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 9: By 2025, the Top 5 mining Organisations Will Deploy Cloud-Based Platforms to Deliver Insights Across Their Value Chain, Supporting Self-Service For Workers and a Single Source Of Truth
  - Associated Drivers
  - IT Impact
  - Guidance
- Prediction 10: By 2026, as the Cost of Deploying Satellites Drops Rapidly, One Mining Organisation Will Have Its Own Satellites in Orbit to Support Its Digital Mining Transformation
  - Associated Drivers
  - IT Impact
  - Guidance