Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to be nearly $20.4 billion (€17 billion) in 2019. This is an increase of 68.8% over the $12.1 billion (€10 billion) International Data Corporation (IDC) expects will be spent this year.
According to a new research report from the IoT analyst firm Berg Insight, the number of telematics service subscribers using embedded systems will grow at a compound annual growth rate (CAGR) of 31.9% from 49.0 million subscribers at the end of 2017 to 258.1 million subscribers at the end of 2023.
The latest update of the IDC Worldwide Semiannual Smart Cities Spending Guide expects spending on technologies that enable Smart Cities initiatives to reach a value amounting to US$30 billion (€26.10 billion) in 2018 for Asia/Pacific excluding Japan (APeJ).
While wearable technology has been utilised in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community.
Berg Insight estimates that the global installed base of active airport asset tracking systems was less than 0.2 million units in 2017. Growing at a compound annual growth rate (CAGR) of 12.5%, the active installed base is estimated to reach close to 0.3 million units worldwide in 2022.
The Behaviour Analytics Market is set to grow from its current market value of more than $200 million (€170.07 million) to over $3.5 billion (€2.98 billion) by 2024; according to a new research report by Global Market Insights, Inc.
According to a new research report from IoT analyst firm Berg Insight, global shipments of NB-IoT devices will grow at a compound annual growth rate (CAGR) of 41.8% from 106.9 million units in 2018 to reach 613.2 million units in 2023.
Wi-SUN Alliance, a global member-based association driving the proliferation of interoperable wireless solutions for use in smart cities, smart utilities and other Internet of Things (IoT) applications, has seen a significant increase in membership by more than 60% in the last year.
Microsemi Corporation, a provider of semiconductor solutions differentiated by power, security, reliability and performance, announced enhancements to its Switchtec PCIe advanced Fabric Switch (PAX), which now provides high-performance fabric connectivity and composability for multi-host graphics processing unit (GPU)
According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 6.8 million in Q4-2016. Growing at a compound annual growth rate (CAGR) of 34.8%, this number is expected to reach 30.0 million by 2021.
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