Smart Home Healthcare Revenues Grow to US$26.5 Billion in 2023, Driven by the Remote Monitoring Opportunity -- ABI Research
The smart home healthcare market continues to grow, but the scale of the opportunity remains underpenetrated. Last year, new smart home healthcare shipment and service revenues grew 25% to reach US$22.9 billion worldwide, but that growth rate will be hard to sustain, despite the considerable potential for further growth.
New Cybersecurity Spend in Critical Infrastructure to Reach US$236 Billion by 2027 — ABI Research
With the impacts of COVID-19 on cybersecurity spending budgets behind industrial sectors, worldwide investments in Critical Infrastructure (CI) cybersecurity will display robust growth rates in all sectors. The global cybersecurity market was estimated at US$213 billion in 2022 and is projected to be more than US$380 billion by 2027.
Innovation in Virtualized and Cloud Security to Create US$8 Billion Market Opportunity for 5G Security Software & Services in 2027: ABI Research
With advancing 5G roll-outs, the opportunity for software and service-based security is emerging quickly due to the need to secure virtualized and cloud-based assets at the edge of the Radio Access Networks (RAN) and in the core. ABI Research expects a diverse multi-vendor cybersecurity market to leverage and adapt the best digital security technologies to the 5G ecosystem, creating a rich and innovative market to protect all aspects of 5G networks.
Blending Analytical Expertise and Operational Agility will Enable Industrial and Manufacturing Firms to Navigate Economic and Operational Headwinds — ABI Research
Industrial and Manufacturing firms face a myriad of ever-changing challenges, from rising interest rates, pressure to relocate facilities, and increased scrutiny of their operations through an ESG lens. Technology suppliers must help firms evaluate outside signals and add agility to their operations to meet customer needs.
PTC, Siemens, Telit;, and Hitachi Vantara are Leaders in ABI Research’s Smart Manufacturing Platforms Competitive Ranking
The new Smart Manufacturing Platforms Competitive Ranking by global technology intelligence firm ABI Research provides an in-depth and unbiased examination of the solutions offered by nine manufacturing platform providers delivering market insights on certain chosen technological criteria.
Semiconductor Chip Shortages Continue to Vex the Commercial Transportation Industry with Lead Times Exceeding 5 Months
Industry suppliers from truck and trailer OEMs to commercial telematics providers continue to feel the pain of delayed semiconductor shipments alongside rising growth opportunities. The commercial transportation industry is facing significant semiconductor shortages through to at least the end of 2021 leading into 2022.
Competition and Technology Complexity to Drive IoT Antenna Shipments to $7.2 Billion by 2025: ABI Research
A new analysis by ABI Research examines how the antenna market is evolving to address challenges specific to IoT. Increased radio complexity, device miniaturization, lower power consumption, and a complex certification landscape are among many factors making integration of antennas more difficult
Digital Systems Vital for a Rapid Post-COVID-19 Healthcare Systems Recovery, New Findings From ABI Research
COVID-19 has put healthcare systems across the globe under tremendous pressure and underscored the urgent need to advance to a smart healthcare system. Transformative technologies such as 5G connectivity, Artificial Intelligence (AI), Augmented Reality, and Virtual reality (AR/VR), are at the forefront of a digitized health care system. There is an urgent need for a communication infrastructure that unites the currently very fragmented technology landscape.
Industrial Augmented Reality Approaches $70 Billion Total Market Value by 2025
After a tumultuous 2020, the need for digitization and keeping workers connected became crystal clear for many. This is true in all industries, but especially for industrial markets where workflow complexity, knowledge retention and share, and the financial impact from downtime and other inefficiencies are particularly severe.
Industrial Augmented Reality Approaches US$70 Billion Total Market Value by 2025, Spurred by Digitization and Connected Workers
After a tumultuous 2020, the need for digitization and keeping workers connected became crystal clear for many. This is true in all industries, but especially for industrial markets where workflow complexity, knowledge retention and share, and the financial impact from downtime and other inefficiencies are particularly severe.
5G, AI, AR, and the IoT Among Key Technologies to Play Pivotal Role in Post-Pandemic Landscape, Says ABI Research
Over these next few months, the post-pandemic landscape will begin to take shape. Technologies like 5G, Artificial Intelligence (AI), Augmented Reality (AR), IoT, and those enabling smart cities and the smart home will play pivotal roles in reshaping businesses, verticals, and economies around the world.
Unity, Adobe, Snap, and Facebook Among 12 AR Companies Identified by ABI Research as Key Innovators
Global tech market advisory firm ABI Research examined the current Augmented Reality(AR) market and identified 12 AR solution providers in both consumer and enterprise markets that are leading in their area of expertise through novel solutions.
Cybersecurity Spending for Critical Infrastructure to Surpass US$105 Billion in 2021 — Says ABI Research
Security spending in critical infrastructure has been little impacted by the Covid-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased demand for secure remote connectivity.
5G Roll Outs Drive 5G FWA Broadband CPE Market to Ship 11.7 Million Units in 2025, Says ABI Research
The worldwide Fixed Wireless Access (FWA) broadband services market has been growing rapidly, supplying broadband access to homes and businesses. 5G network deployments are expected to accelerate FWA market growth in the years to come.
In a Bid to Capture New Growth, Telcos Turn to AI and Operations Automation in 5G Networks — ABI Research
5G is a composition of several network layers that leverage technology with varied maturity levels, such as Open RAN, network slicing, cloud infrastructure (private, public, and hybrid), and cloud-edges. With respect to cloud-edges, the broader Artificial Intelligence (AI) industry is witnessing a migration of AI to the edge.
Augmented Reality Total Market Value Will Surpass US$140 Billion in 2025 — ABI Research
While the COVID-19 pandemic crippled some markets, it also presented notable opportunities to others. Similar to the uptick products like Zoom and Microsoft Teams have seen, Augmented Reality (AR) has been forced into opportunity around remote worker enablement, compounding the already strong growth seen in the enterprise thanks to high-value use cases like remote assistance, training, and workflow instruction.
2021 Will Be the Year Electric Vehicles Begin Their Slow Entry into the Automotive Mainstream, Says ABI Research
2021 will kickstart a decade of growing Electric Vehicle (EV) adoption, which will see EV sales move from a rounding error of total new vehicle shipments to over a quarter of new vehicles shipping in 2030, states global tech market advisory firm ABI Research.
Implosion in Demand for Personal Mobility Collapses New Vehicle Sales and Ride Hailing Trips in 2020
COVID-19 and the resultant measures taken by the government across the world to contain the spread of the virus have collapsed the demand for personal transit, with all mobility modes at the consumer’s disposal contracting significantly in the first half of 2020.
Blockchain Markets Take a US$2.8 Billion Hit, Says ABI Research
Worldwide blockchain revenues fell 35% between 2018 and 2020. Global tech market advisory firm ABI Research calculated the potential loss to hit US$2.8 billion. The 2018 crypto winter wiped 80% of the total aggregate market cap, and since then, more than 2,000 cryptocurrencies have collapsed.
In-Building Wireless Infrastructure and the Rollout of 5G indoors will Exceed Revenues of US$16 Billion by 2025, Says ABI Research
Distributed Antenna Systems (DASs) have become a vital component for in-building cellular coverage, especially in the U.S. and Asian markets. However, many legacy DASs are facing challenges incorporating 5G and increasing the overall capacity of the systems.