Disruption and Growth Ahead for Global Connectivity, Telco, and Smart Home Markets
Oct 18, 2018
Oyster Bay, New York - 18 Oct 2018
ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced significant findings in the Global Connectivity, Telco, and Smart Home markets:
In 2022, there will be more than 40 billion connected devices worldwide. “Organizations need to be able to identify the segment of the connected world that is relevant to them, namely the endpoints that their products and services can address. This requires an understanding of how the connected world breaks down by technology, application, device type, and end-user channel,” said Jamie Moss, ABI Research Director. Read more.
The latest trend for Artificial Intelligence (AI) development in telecoms is AI platforms that focus on generic use rather than individual use cases. “Despite the widespread use of AI and machine learning across many separated telecoms domains, AI platforms are now the top concern for leading mobile service providers globally, including AT&T, Deutsche Telecom, Telefonica, and Vodafone,” said Dimitris Mavrakis, Research Director at ABI Research. Read more.
Demand for smart home devices and systems continued to soar over the past six months, creating a coming wave of new smart home services and revenue streams. Shipments of smart home devices will reach 252 million units by the end of 2018, up more than 55% from 2017. “This double-digit growth is just the beginning of a market that will see 467 million smart home device shipments in 2023. Now, more than 70 million homes worldwide have one or more smart home devices,” said Jonathan Collins, ABI Research Director. Read more.