Dear Colleagues,
In 2027, ABI Research expects 6.4 million smart hotel room devices to ship worldwide. That’s double the 3.2 million smart hotel room devices that shipped in 2022, growing at a Compound Annual Growth Rate (CAGR) of 24.6% between 2021 and 2027.
In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.
More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.
Augmented Reality (AR) is confidently at the precipice of mass market ubiquity. This has been an expected outcome for years, but barriers in price, hardware and software maturity, ease of use, and, ultimately, end-user value have held it back. However, in today's augmented reality market, more activity and tangible products are in place than ever before, and from established names. To provide you with a better understanding of this growing market, we’ve compiled 7 augmented reality charts to tell the story of these immersive technologies.
The necessity of safety standards for industrial robots has never been more apparent. Industrial robot systems are increasingly more common in manufacturing and logistics applications. By 2030, ABI Research expects nearly twice as many annual industrial robot shipments as in 2022—increasing from 436,000 units to 815,000 units.
According to the Global System for Mobile Communications Association’s (GSMA) The State of Mobile Internet Connectivity 2022 report, 5% of the world’s population, or 400 million people, still do not have access to a mobile broadband network. The key to bridging this digital divide is Satellite Communications (SatCom) service providers, who provide Internet access to historically unserved and underserved regions (e.g., rural areas and developing countries) via satellite constellations in space.
Momentum for the metaverse continues to grow. A recent article on hospitalitynet cited some interesting survey results. The findings indicated that 82% of U.S. enterprise executives expect to incorporate metaverse applications into their business activities and plans within the next three years, while half of consumers feel excited about this virtual space. The opportunities are extensive, for everything from gaming to e-commerce, and from industrial digital twins to customer care. To make these immersive experiences all possible, there are six underlying technology pillars powering the metaverse:
By 2027, ABI Research forecasts the installed base of Artificial Intelligence (AI)-enabled cameras to be 976.4 million, signaling a growing need for machine vision technologies. Today’s companies offering machine vision solutions are vital to the betterment of a number of applications, encompassing manufacturing, smart cities, building development, public safety, logistics, and transportation. An abundance of modern Machine Learning (ML)-based software products are embedded with edge ML capabilities that vastly improve a wide range of use cases, notably image-based inspection. This means a robotic system with an installed camera stacks pallets correctly or a flaw on a product's surface can be detected. To give you a better idea of how these systems work and who is providing them, this post highlights eight machine vision software companies that are helping enterprise customers work more efficiently.
As showcased at eco-centric conventions like the recently held COP27 Summit, there’s a sense of urgency for sustainable banking to address concerns about climate change. This has forced financial institutions to increasingly feel the pressure to reduce their Greenhouse Gas (GHG) emissions.