Author: Connected World
IDC says Asia/Pacific IoT spending to reach $435 billion in 2027.
Guidehouse Insights says market for smart energy communities estimated to grow to more than $73 billion by 2032.
The topic of AI (artificial intelligence)—more specifically generative AI—is becoming more mainstream, as both consumers and businesses are grappling with the impact it is having at work, at home, at school, and everywhere in between. Certainly, looking at various reports, growth is imminent and rather significant. Overall, we see many of the analysts and research firms predict large growth for generative AI. For instance, GlobalData says generative AI revenue is anticipated to grow at a rate of 80% between 2022 and 2027, rising from $1.75 billion in 2022 to $33 billion by 2027. That is quite the boost—and in fact,…
Juniper Research says digital wallets transaction value to surpass $16 trillion globally by 2028.
Gartner finds only 5% of HR leaders report their HR function has implemented generative AI.
Quantum computing offers many potential benefits to various vertical industries. Consider the example of quantum sensors, which can measure brain activity, understanding how we respond to sleep, movement, diet, and aging. IDTechEx provides a look at the science behind these new wearable sensors and the outlook for the technology within the wider quantum sensor market. These mm-scale devices can be placed into arrays within helmets, in closer proximity to the brain. The result is a wearable quantum sensor array that can measure brain activity. Here is how this can help: New research for Alzheimer’s, Parkinsons, epilepsy, and more. Better comprehend…
ABI Research says generative AI will create at least $450 billion in the enterprise market across 12 verticals in the next 7 years.
Parks Associates says 51% of recent smart home device buyers bought three or more devices in the past year.
Berg Insight says the installed base of fleet management systems in South Africa will reach 3.8 million units by 2027.
Juniper Research predicts 1.3 billion new ecommerce users by 2027.