Author: Connected World
New research from Vantage Market Research suggests the global voice assistant market will reach $22.2 billion by 2030, which is up from $2.9 billion in 2022. The firm predicts smart speakers will make up more than 35% of total sales within the voice-assistant market by 2030. While advanced features and developments in AI (artificial intelligence) and NLP (natural language processing) are boosting the demand for smart speakers, consumers are concerned about the privacy of their data. A Microsoft study once reported 41% of voice-assistant users have concerns about trust, privacy, and passive listening. Similarly, PWC has reported a lack of…
IDC says IT security spending in the Middle East and Africa to grow 7.9% in 2023.
Gartner forecasts worldwide semiconductor revenue to decline 11% in 2023.
Generative AI (artificial intelligence) has numerous advantages such as reducing time spent on tedious tasks and it is touching nearly every vertical market including dental patient charting. Let’s look at how generative AI is transforming one industry. As an example, in dental care, Bola Technologies is introducing its Voice Clinical Notes solution with generative AI and LLM (large language model) technology, which will be available later this year. Clinical Notes—available now for use with any practice management software—works with or without Bola AI’s Voice Perio system, which enables dental staff to seamlessly record periodontal data directly into client PMs (periodontal…
ABI Research says worldwide smartphone shipments in 2022 declined 9.6% year-over-year in 2022.
Guidehouse Insights says the global market for commercial HVAC is estimated to grow to $52 billion by 2032.
Juniper Research says open banking use to surge, as open banking API calls will grow 470% globally by 2027.
Smart cities of tomorrow will drive connectivity, sustainability, and digitalization. MarketsandMarkets says the global smart cities market was worth $511.6 billion in 2022 and will reach just over a trillion dollars ($1,024.4 billion) by 2027. In sectors like healthcare, mobility, and hospitality, connected technologies will make all the difference. Specifically, technologies like AI (artificial intelligence) and ML (machine learning) will help bring smart-city projects to life in ways that leverage predictive analysis and realtime decisionmaking. A research paper that explored how AI helped enable smart cities and smart-city concepts between 2014 and 2021 found the sectors that leveraged AI the…
IDC says Asia/Pacific digital-native business tech spending from 2022-2026 will grow at a rate of 20.8%.
Gartner forecasts worldwide public cloud end-user spending will reach nearly $600 billion in 2023.