Author: Connected World
IDC says worldwide public cloud services revenues surpass $500 billion in 2022, growing 22.9% year-over-year.
Forrester says 84% of U.S. tech leaders expect a budget increase in 2024, with AI snagging the biggest increase.
Juniper Research says banking-as-a-platform market revenue set to grow by more than 1,125% by 2028.
Gartner says worldwide IaaS public cloud services revenue grew 30% in 2022, exceeding $100 billion for the first time.
ABI Research says generative AI could offer a $60 billion opportunity to the supply chain.
Since today’s devices often require several small battery-driven devices and sensors, there is a big need to develop a wireless network for data transmission and power transfer. This will ultimately enable more IIoT (Industrial Internet of Things) sensors, controllers, and mobile communications technologies to make a difference. To help, a team of researchers from South Korea has developed a new framework by applying SWIPT-aided NOMA to a DAS (distributed antenna system), greatly improving the energy and spectral efficiencies of IIoTs. Here is how this can help: Improve information decoding and energy harvesting performance. Provide low power and battery life extension.…
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.