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.
The benefits of Advanced Metering Infrastructure (AMI) are undeniable, as it leverages technologies like smart meters to provide real-time, or near real-time, two-way communication of information and energy levels between utility companies and Internet of Things (IoT) devices. This provides a more transparent snapshot of an energy grid. Cybersecurity challenges in smart grids are a prevalent threat to the governments and privately-owned organizations replacing traditional energy infrastructure.
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.
Forecasting where exactly the Electric Vehicle (EV) supply chain is going is a nearly impossible endeavor, with a wide range of unpredictable factors to consider, such as fuel prices, attitudes toward green energy, government policies, availability of charging stations, vehicle range, and vehicle affordability. One thing that can be concluded is that Original Equipment Manufacturers (OEMs) are going to focus on providing flexibility to consumers in order to gain market share. But the rapid development of so many new car models will place a tremendous amount of pressure on ecosystem partners that can’t meet demand in such a short time span, resulting in inevitable issues with the EV supply chain.
The COVID-19 pandemic and the subsequent work-from-home policies alerted millions more consumers to the world of Wi-Fi coverage extension. The most encouraging solution for residential Wi-Fi extension is mesh networks, promising a seamless system that is much more resilient than a traditional Wi-Fi network. By the end of 2022, there will be 33.9 million shipments of Wi-Fi mesh network equipment, according to ABI Research. By 2026, that number will be 59 million annual shipments, which signals the full embracement of this technology.
Fleet telematics is one of the most important aspects of operating a modern business. Supply chain bottlenecks, such as delays and damaged goods, cost companies a substantial amount of money every year and telematics mitigates those risks. Unfortunately, connected vehicles present potential security vulnerabilities that bad actors may take advantage of. ABI Research recently looked at how Vehicle Manufacturers (VMs), which fall under the sphere of Original Equipment Manufacturers (OEMs) in the automotive industry, keep their telematics data secure in the Secure Data Management in Automotive Telematics research analysis report.
The global supply chain disruption has made executives realize that their logistics operations can go into a state of disorder at any time. To make their supply chains more resilient and adaptable, company leaders are leveraging the automation benefits that come with Warehouse Management Systems (WMSs). Impressively, revenue in the WMS market will increase from US$3.4 billion in 2022 to US$10.7 billion in 2030, according to ABI Research’s Warehouse Management Systems (WMS) Software research analysis report—Logistics Service Providers (LSPs), retailers, and manufacturers are investing in this technology the most.
The smart city landscape is quite fragmented and presents some challenges, so standardization is incredibly vital to successful solutions implementation. Part of that much-needed standardization are Key Performance Indicators (KPIs), which set the benchmark to strive for. By knowing what results smart city deployments should be sustaining, city planners can identify their strengths and weaknesses, and make the most informed smart city management decisions.
When a company decides to introduce new technology to its operations, they’re also introducing new digital security vulnerabilities that cybercriminals will try to prey upon. As a result, there is rapid growth in the cybersecurity market. ABI Research forecasts that, compared to the 75,000 Hardware Security Module (HSM) shipments in 2021, there will be 125,000 shipments in 2026. Much of the attention is being paid to industrial cybersecurity and manufacturing security. From protecting customer payment credentials to supply chain telematics, cybersecurity is one of the most important aspects of the modern business and there are a few trends worth watching.