TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Brain-to-machine Interface Market to Top US$200 Million by 2020

Via ABI Research Media Releases

Jul 28, 2015

Oyster Bay, New York - 27 Jul 2015

​With the early success of consumer wearables targeting health and fitness and recent advancements in neuroscience research technology, several manufacturers are preparing to launch Brain-to-Machine Interface (BMI) products in advance of the end-of-year holiday buying season. According to a new market intelligence study by ABI Research, revenues from both medical-grade and consumer BMI products will approach US$10 million in 2015.

Unlike the scenes in science fiction books and film, BMI is not able to read one’s thoughts nor can it be used to program someone to perform nefarious acts. However, tapping into brain activity as a means of understanding human behavior, or controlling an external activity are now possible.“Hardcore gamers will be the first consumers to buy brain-to-machine interfaces,” says Research Director Jeff Orr. “Combining augmented reality, eye-tracking, and BMI headgear will give elite players the upper-hand in real-time multiplayer gaming.” But don’t expect to see people walking around wearing headgear to track their brain activity similar to those that have worn a fitness activity tracker. Success of EEG-based headgear relies on precise placement and good electrode contact points with the scalp.

Also known by the medical research community as Brain-to-Computer Interfaces (BCI), clinical research trials of BMI solutions are grabbing news headlines with breakthroughs combining the latest technology and brain-implanted modules to provide advanced robotic prosthetics, mobility controls, and communications capabilities to severely afflicted individuals. Revenue from both commercial and medical BMI products will reach US$9.7 million in 2015, growing to US$205 million in 2020, a CAGR of 84% over the next 5 years. Unit volumes for BMI products in 2015 top 20,000, increasing to more than 850,000 shipments in 2020, a CAGR of 113% over the 5-year forecast period.

North America and Western Europe have taken an early lead in the BMI market (specifically the United States and United Kingdom). “The Asia-Pacific region, led by Japan, is forecast to experience the highest growth rate for both BMI units and revenues over the next 5 years due to the country’s advanced medical research community and savvy consumer technology buyers,” adds Orr.

The Brain-to-Machine Interfaces study is part of ABI Research’s Human-Machine Interfaces Market Research.

ABI Research provides technology market research and technology intelligence for industry innovators. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.

Related Topics
  • ABI Research,
  • Announcement,
  • Device Software & Apps,
  • Digital Platforms and Services,
  • News,
  • North America,
  • Tracker,
  • VR & AR

More Like This

Digital Platforms and Services

HOPE Hydration taps T‑Mobile to power “smart” water refill stations

Jun 7, 2023

The Green Network

Globe promotes circularity with launches of recyclable and upcyclable packaging

Jun 7, 2023

Security

Cisco showcases vision to simplify networking and securely connect the world

Jun 7, 2023

Access Evolution

Nokia and Du deliver residential broadband services over fixed-wireless access

Jun 7, 2023

Security

Nokia Threat Intelligence Report finds malicious IoT botnet activity has sharply increased

Jun 7, 2023

This content extract was originally sourced from an external website (ABI Research Media Releases) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Sign up to receive TelecomTV's top news and videos, plus exclusive subscriber-only content direct to your inbox.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:17:33

From telco to techco: The impact of next-gen operations on skills, talent acquisition and retention

1:14:31

Achieving maximum operational efficiency: How service providers can best operate at speed and scale

1:14:20

Why data and APIs are key to implementing the vision of the digital services provider

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).