ABI Research stories - Page 2

The report finds that spending on industrial digital twins will grow from US$4.6 billion in 2022 to US$33.9 billion in 2030 at a 28% Compound Annual Growth Rate (CAGR).

2022 will see pandemic-fuelled growth continue for wearables and wireless headsets, according to ABI Research. 

Next-generation 5G-orientated core networks are driving the evolution of telco cloud-native technology.

By 2026, IoT cellular connections will number more than 3 billion, with 4G LTE and LPWA networks bearing the brunt of these new connections.

Despite huge potential, private networks are failing to reach scale, and the window of opportunity for telcos is closing.

"IAM is yet another identity and security framework that poses significant challenges when crossing from the IT realm onto the IoT."

"Now 5G mmWave in smartphones is set to grow extensively in 2021 and beyond, driven by its use in Apple's latest iPhones destined mainly for the company's important U.S. market."

The race is on for OEMs to find a level of differentiation in their flagship portfolios to help boost margins and improve market share.

"Microsoft Azure and AWS are leading the battle at the very core of IoT deployments and enjoying the lions share of cloud dominance."

"There are limited IoT security solutions in the market, due in large part to the fragmented nature of the IoT itself."

The cloud-native nature of 5G networks will have a disruptive and positive impact on the cybersecurity industry in the next few years, with 5G network security presenting a US$9 billion enterprise market opportunity by 2025.

The APAC market network opportunity will reach almost US$7 billion by 2025.

The consumer device market is set for huge growth following the fallout of the COVID-19 pandemic, according to a new report from global tech market advisory firm ABI Research.

Strategic misalignment is the prevalent threat keeping innovative biometric monetisation from reaching critical mass in the larger IoT ecosystem.

The brunt of security spending is still first and foremost focused on IT networks, systems, and data security from a defensive perspective. 

The growth will be driven by cloud infrastructure-related investments, such as virtual networks, orchestration, and cloud-native functions.

ABI Research says that the revenue drop will not last long, with revenues expected to return to normal by 2023.

However, the biometrics market is expected to regain momentum with alternatives already beginning to find their feet.

"5G will bring many use cases into play for APAC, which is extremely beneficial to the economy and technological progression."

ABI Research has released a new Industrial BaaS Competitive Assessment, analysing and ranking six industrial BaaS vendors, Alibaba, Amazon, IBM, Microsoft, Oracle and SAP.

ABI Research says the edge AI chipset market will reach US$12.2 billion in revenue, outpacing the cloud AI chipset market in 2025.

The transport and logistics sector has been hard hit by recent events, however location technologies are paving the way for post COVID-19 growth and, as a result, commercial telematics system revenue in Asia-Pacific is set to hit US$14 billion by 2025.

The journey of the robot industry from one of individual vehicles and units, to fleets and larger systems, is being driven by its wider incorporation into the IoT ecosystem. 

"There are several key technologies revolving around authentication security that currently transform the IoT device value chain."