Latest News & Executive Interviews
Retailer Spending on AI To Grow Nearly Fourfold By 2022, Juniper Research Finds
A new study from Juniper Research has found that global retailer spending on AI will reach $7.3 billion per year by 2022, up from an estimated $2 billion in 2018, as retailers target new avenues to increase personalization of the customer experience.
Home Automation Revenue Grew Over 50 Percent Year-Over-Year, NPD Group Finds
Annual 2016 U.S. dollar sales of home automation products experienced growth of 57 percent versus 2015, according to The NPD Group. Security and monitoring products continued to lead the category, making-up over 60 percent of dollar share.
One in 10 U.S. Broadband Households Likely to Cancel Fixed Broadband Service in Next 12 Months: Parks Associates
New consumer research from Parks Associates reveals that 10 percent of U.S. broadband households are likely to cancel their fixed broadband service over the next 12 months. According to 360 View: Mobility & the App Economy, these consumers would use wireless or mobile data services as a replacement for their traditional broadband service.
US Businesses and Government Tech Spending Will Hit $1.5 trillion in 2018, Forrester Says
Forrester predicts that US business and government tech spending will surpass $1.5 trillion in 2018, up nearly 6 percent from 2017, Forrrester noted Dec. 21. In its newly published 2018 outlook for US industry tech budgets, Forrester reveals industries with the fastest-growing tech budgets as well as the technologies they’re choosing to invest in.
Wearable Tech Will Bring Humans Into The Internet of Things: ABI Research
ABI Research forecasts that wearable data and analytics services revenue will reach over $838 million in 2022, increasing from over $247 million in 2017 -- a combined annual growth rate (CAGR) of over 27 percent.
AI is a Game Changer for Personal Devices, Gartner Says
Emotion artificial intelligence (AI) systems are becoming so sophisticated that Gartner predicts that by 2022, personal devices will know more about an individual's emotional state than his or her own family.
Roboadvisor Platform Revenues Will Reach $25 Billion By 2022
A new study from Juniper Research has found that roboadvisor platform revenues will reach $25 billion by 2022, up from an estimated $1.7 billion in 2017, as the automation of wealth management revolutionizes the way individuals invest.
Adoption of Connected Home Solutions Remains Limited to Early Adopters, Gartner Finds
Adoption of newer connected home solutions is still at the early adopter phase, according to a recent survey by Gartner. The survey, of nearly 10,000 online respondents in the U.S., the UK and Australia during the second half of 2016, found that only about 10 percent of households currently have connected home solutions.
Cobalt Digital's Jesse Foster Discusses HDR's 2018 Outlook and Development Plans With Technicolor
2018 is shaping up to be a big year for high dynamic range (HDR), and to be ready, Cobalt Digital is working with Technicolor to upgrade and develop new products that give the broadcast television industry what they need to create and deliver HDR content and entertainment, says Jesse Foster, director of products and business development at Cobalt Digital, in a podcast interview for journalists.
Technicolor's Alan Stein Discusses the Impact of SL-HDR1 As a Proposed ATSC Standard
In the final days of December 2017, the Advanced Television Systems Committee (ATSC) approved Technicolor's SL-HDR1 amendment as a Proposed Standard, and once voted on, is expected to be added as an option to the ATSC A/341 video standard.
VR Revenue to Hit Nearly $38 Billion By 2020, SuperData Finds
Although virtual reality (VR) has had a rocky, but predicable, start, by 2020, the virtual reality market will be worth 20 times what it was in 2016 – a whopping $37.7 billion -- according to a new report from SuperData.
Smart TV and Streaming Device Manufacturers Look to Collaborate: Frost & Sullivan
Growing preference for over-the-top (OTT) content is catalyzing demand for streaming media devices and smart TVs, according to a new report from Frost & Sullivan. The market, which slowed down during 2014-15 fiscal, is now ready to match consumer expectations by offering seamless accessibility to on-demand content through a new generation of competitively priced streaming devices.
Worldwide PC Shipments Declined 2.4 Percent in Q1 2017, Gartner Says
The PC industry experienced modest growth in the business PC market, but this was offset by declining consumer demand, according to a new report from Gartner. In the U.S., PC shipments totaled 12.3 million units in the first quarter of 2017, a 2.4 percent decline from the first quarter of 2016.
More Than Half of U.S. Broadband Households Want to Give Voice Commands to Smart Devices: Parks Associates
New research from Parks Associates shows that more than half (55 percent) of U.S. broadband households want to use voice to control their entertainment and smart home devices.
Home Automation Market to Rise Steadily Through 2022, Allied Market Research Finds
The home automation system market is expected to be valued at $79.57 billion by 2022, growing at a combined annual growth rate (CAGR) of 11.3 percent between 2017 and 2022, according to a recent report from Allied Market Research.
Russia Takes Lead on EMEA Smartphone Market, IDC Finds
Russia’s mobile phone market expanded in 2016 and was the top European market by volume, according to International Data Corporation's (IDC) Quarterly Mobile Phone Tracker.
Poor Quality Ads Cost Marketers $7.4 Billion Last Year, Forrester Says
Ad fraud and non-viewable ads are main problem areas for the digital ad industry, resulting in wasted time, effort, and money, according to new research released by Forrester.
Video Monitoring is Key to Security System Success, Strategy Analytics Says
Support for video-verified alarms is growing among security companies, insurers, and law enforcement organizations, according to research firm Strategy Analytics. “Smart Home: Disrupting the Security Industry” contends that the appeal of video monitoring is twofold: video-verified alarm systems allow viewers to observe crimes in progress and provide meaningful evidence from a crime event.
OTT Messaging Apps Poised to See Sure in Adoption By 2021, Juniper Research Says
New findings from Juniper Research forecast that OTT messaging applications, such as WhatsApp and Snapchat, will see adoption grow from 2.3 billion unique users in 2016 to 4.2 billion by 2021 representing a combined annual growth rate (CAGR) of over 12 percent.
Worldwide Spending on Cognitive and Artificial Intelligence Systems to Reach $12.5 Billion in 2017: IDC
A new update to the Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for cognitive and artificial intelligence (AI) systems will reach $12.5 billion in 2017, an increase of 59.3 percent over 2016.