According to ABI Research forecasts, the total installed base of devices with Artificial Intelligence will grow from 2.7 billion in 2019 to 4.5 billion in 2024. Billions of petabytes of data flow through AI devices every day. However, right now, most of these AI devices are working independently of one another. Yet, as the volume of data flowing through these devices increases in the coming years, technology companies and implementers will take advantage of multimodal learning – and it is fast becoming one of the most exciting and potentially transformative fields of AI.

With smart home applications becoming ever-more popular, and with households making heavy use of streaming multimedia services, the growing demand for reliable, high-capacity home networking technology shows no sign of slowing down. As a result, Wi-Fi, which has been the dominant player in the home network market for years, may be facing some competition from two wired networks: G.hn and Multimedia over Coax Alliance (MoCA) 2.5.

When it comes to the robotics market, automation-enabling devices like cobots and 5G robots tend to garner a lion’s share of the attention. However, there is one technology that has flown under the radar yet is poised to make just as big of an impact – exoskeletons. By 2030, global revenues will reach more than US$3.9 billion in this emerging market, with industrial use cases being a major catalyst.

written by ABI Research Senior Analyst Don Alusha

This is part 3 of a series of blogs covering the NVIDIA GTC '22 event. You can read part 1 here and part 2 here. 

This is part 2 of a series of blogs covering the NVIDIA GTC '22 event. You can read part 1 here and part 3 here. 

This is part 1 of a series of blogs covering the NVIDIA GTC '22 event. You can read part 2 here and part 3 here.

While many industries felt the intense ramifications of the global chip shortage, the government issued ID space has been mostly spared because vendors recognize the importance of citizens obtaining proper IDs and because the market is contract-based. Plus, the demand for IDs hasn’t exactly been soaring given travel restrictions, which is the driving factor behind purchasing a passport. However, as restrictions lift and people begin to travel and go out more, demand for smart ID cards will increase, presenting an emerging challenge in a world where chip supply isn’t expected to fully recover until late 2023 at the earliest.

Although the world is gradually crawling closer to a full escape from the clasp of COVID-19, some of the effects of the pandemic are still being felt in supply chain logistics. As a result of lingering issues, such as labor shortages and port holdups, suppliers are still struggling to meet satisfactory delivery windows.

In 2021, the global cold chain track and monitor telematics technologies market size was US$286 billion, according to ABI Research. By 2027, the cold chain telematics industry will be valued at over US$700 billion and growing at a Compound Annual Growth Rate (CAGR) of 16.6%. As 20% of perishable goods are wasted during shipping, cold chain logistics managers are turning to technological solutions to monitor shipped goods.