2022 will see a $4.6bn global spend on industrial digital twins, says ABI

In its new whitepaper, 70 Technology Trends That Will—and Will Not—Shape 2022, ABI Research analysts identify 35 trends that will shape the technology market and 35 others that, although attracting huge amounts of speculation and commentary, are less likely to move the needle over the next twelve months.

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Hardware security modules increasingly in demand for secure IoT deployments

New York, NY, USA – The monolithic Hardware Security Modules (HSM) market has long been locked in its traditional enterprise and payment markets, but the unrelenting expansion of the Internet of Things (IoT) ecosystem has given it wings. Global technology intelligence firm ABI Research has been tracking the changing market demands that have driven HSM

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US$8bn market for IoT security services predicted on 4G and 5G networks by 2026

Global tech market advisory firm ABI Research forecasts that by 2026, Internet of Things (IoT) cellular connections will number more than more than 3 billion. 4G LTE and LPWA networks will bear the brunt of these new connections and drive a US$8 billion market for IoT security services, says the firm.

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Over 139,000 highly automated commercial vehicles expected to ship globally in 2026

As factory production begins for original equipment manufacturers (OEMs) within the next three years, SAE Level 4 autonomy will move from modified heavy-duty trucks and pilots to a reality across multiple regions.

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Tech sectors receive major boost from landmark $3.5trn infrastructure package

Growth in key tech sectors is set to rocket after a landmark $1 trillion (€0.85 trillion) infrastructure package bill passed in the US Senate, part of a comprehensive $3.5 trillion (€2.98 trillion) plan within President Biden’s post-COVID Build Back Better initiative and paralleling the UN‘s Race To Zero campaign.

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IoT in desperate need of more robust identity and access management

The future of Identity and Access Management (IAM) in the Internet of Things (IoT) will escape the confines of user-focused identity and transition toward a more inclusive model.  The new multi-faced approach will include machine and system identity along with IoT device and platform management operations, according to a new analysis research report by global tech market advisory

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Investing in a sustainable future for our cities using digital twin technology

The world is building more significant projects in larger numbers than at any time in history. Our planet must accommodate the equivalent of 10,000 new cities by 2050 to keep pace with the projected population explosion. In all, 70% of the world’s carbon emissions come from cities, and Digital Twin technology may hold the key

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LoRa will be top non-cellular LPWA network technology in five years, says ABI

Semtech Corporation a supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced the release of a commissioned white paper, “LoRaWAN® and Multi-RAN Architecture Connecting the Next Billion IoT Devices,” from global tech market advisory firm, ABI Research.

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Oil & Gas IoT core analytics service revenues to grow to US$712mn in 2026

The Oil & Gas (O&G) IoT Analytics market garners heavy investment, yet it is deeply challenged by complex system integrations, siloed data, and Supervisory Control and Data Acquisition (SCADA) management systems.

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LoRaWAN will temporarily replace 5G networks for IoT

5G networks will revolutionise the Internet of Things (IoT). But it will take several years for the technology to cover most of the planet. Thanks to LoRaWAN, you don’t need to wait, says Sergiy Seletsky, IoT practice leader and senior solution architect at Intellias.

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China takes lead in worldwide cellular M2M module revenues

The big supply-side story from the Internet of Things (IoT) in 2019 was the rise of Chinese vendors to the number one position in cellular module shipments and revenue, for the first time.

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COVID-19 disruptions cause smart meter shipments to tank 25%

The market disruptions due to Covid-19 pandemic will result in a 25% Year on Year (YoY) decrease in annual smart meter shipments in 2020. Consequently, smart meter YoY revenue will contract by 31% US$3.3 billion (€2.9 billion) to reach US$7.39 billion (€6.5 billion), finds global tech market advisory firm, ABI Research.

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COVID-19 causes wearable shipments to fall 27mn against forecast

Wearables have been affected by the COVID-19 pandemic because consumer interest in buying non-essential devices has dropped in the first quarter of 2020, along with the issues associated with a hampered supply chain.

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Device-to-cloud IoT platform services will reach US$18bn by 2026, says ABI

From the early days of Thingworx (PTC) and ILS (Telit) to the market today, the device-to-cloud IoT platform service market has changed dramatically. Early platform services included device connectivity and cloud integration, device management services, and simple alerting services.

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‘Transformative’ urban digital twin and city modelling deployments to exceed 500 by 2025, says ABI

The digital twin concept and the urban modelling paradigm, more generally, are transforming how cities are designed, monitored, and managed.

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Telit launches OneEdge software suite for IoT modules to shorten path to monetisation

IoT enabler Telit has unveiled OneEdge, a new initiative to speed Internet of Things deployments and reduce the time required to monetise the digitalisation of businesses.

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