Smart City investments can generate a significant return on investment (ROI) for cities, but cyber risks loom large, according to a recent study by ESI ThoughtLab. Preliminary findings from its study of 100 worldwide metro centers found that most cities are seeing major economic, financial, and social benefits from their investments in smart technologies, but also greater cyber-risks, if digital innovation is not managed properly.
Read MoreLG Uplus has a 5G market share 9 percentage points higher than its overall retail market share in South Korea, enabled by a strong focus on AR and VR content. New research from Strategy Analytics concludes that, in a highly competitive market where differentiation on network quality and pricing is difficult, the operator has successfully used AR and VR content as both a compelling use case for B2C 5G services and as a source of content exclusivity driving customer acquisition.
Read MoreRising from negligible levels this year, the global market for microLED displays is expected to grow to 15.5 million units in 2026 as steep declines in manufacturing costs make the emerging technology suitable for the mass market, according to IHS Markit’s Micro LED Display Technology & Market report.
Read MoreWorldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160 billion in 2023, up significantly from the $16.8 billion forecast for 2019. According to the International Data Corporation (IDC) Worldwide Semiannual Augmented and Virtual Reality Spending Guide, the five-year compound annual growth rate (CAGR) for AR/VR spending will be 78.3 percent.
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Sales of connected consumer devices — including networked cameras, security systems, and connected health devices — will exceed 520 million units by 2022, according to Parks Associates. The report, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.
Augmented reality (AR) and virtual reality (VR) have the potential to shake up the customer experience in such a profound matter that 100 million consumers will shop in AR online and in-store by 2020, Gartner forecasts.
Read MoreSpeech recognition will reach the Plateau of Productivity within the next two years and six other technologies will reach mainstream business adoption in the next two to five years according to the 2018 Gartner, Inc. Hype Cycle for the digital workplace.
Read MoreNearly 10 percent of industrial smart glasses and standalone virtual reality (VR) devices will have a 5G connection by 2026, according to a new forecast from ABI Research. Additionally, augmented reality (AR) is growing in presence in industrial applications such as smart manufacturing and remote operation of industrial machinery.
Read MoreA new study from Juniper Research has found that the number of enterprise MR (Mixed Reality) applications will approach 40 million by 2022, rising from just 6.5 million in 2018. That translates into growth of over 500 percent.
Read MoreEnergy and utilities rank among the top three verticals in terms of Augmented Reality (AR) glasses shipments and total value chain revenues, according to ABI Research.
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