In this report, the third volume in our "Global TMT Trend Forecast" series, we identify the major disruptive technologies that we will see in 2014 and predict how they will impact the world’s largest technology, media and telecom (TMT) companies. Inside, we split the global TMT sector into 17 subsectors (e.g. connected devices, consumer electronics, semiconductors, e-commerce, social media, software, telecom operators, etc.) and examine how emerging technology themes will impact each sector, highlighting the likely winners and losers. Behind many of the themes mentioned in this report we have published in-depth research reports supporting our thinking. Here, we bring all these themes together. Our objective is to offer investors and industry executives a comprehensive trend forecast for the global TMT sector over the next 12 months. If you only read one TMT Trends report this year, make sure it is this one.