Spend on digital twins to reach $12.7bn by 2021, as solutions offer IoT investment RoI

A new study from Juniper Research has found that total global spend on Digital Twins will reach $12.7 billion (€11.3 billion) by 2021; an increase of 17% from $10.8 billion (€9.6 billion) in 2019. Digital Twins are a digital representation of physical assets that utilise IoT data; enabling use cases such as predictive maintenance when

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Voice assistants used in smart homes to grow 1,000%, reaching 275mn by 2023, says Juniper Research

A new study from Juniper Research has found that the adoption of voice assistants such as Alexa and Google Assistant will be a key factor behind smart home growth, with 275 million voice assistant devices used to control smart homes by 2023. This is up from an estimated 25 million in 2018, a growth of 1,000%.

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Smart home automation revenues to exceed $45bn by 2023 as smart security dominates the market

A new study from Juniper Research has found that increasing smart security adoption will drive home automation and monitoring revenues from an estimated $12 billion (€10.15 billion) in 2018 to over $45 billion (€38.07 billion) by 2023, representing a growth of over 260%.

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Consumer robotics hardware revenues to reach $23bn per annum by 2022, as domestic aide robotics dominate

A new study from Juniper Research has found that domestic aide robotics will drive consumer robotics hardware revenues from an estimated $6.4 billion (€5.21 billion) in 2018 to nearly $23 billion (€18.74 billion) by 2022; an increase of over 250%.

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Retailer spending on AI to grow nearly fourfold, reaching $7.3bn by 2022, says Juniper Research

A new study from Juniper Research has found that global retailer spending on AI will reach $7.3 billion (€5.87 billion) per annum by 2022, up from an estimated $2 billion (€1.61 billion) in 2018, as retailers target new avenues to increase personalisation of the customer experience.

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Roboadvisor platform revenues to reach $25 bn by 2022, as automation drives wealth management

A new study from Juniper Research has found that roboadvisor platform revenues will reach $25 billion (€20.75 billion) by 2022, up from an estimated $1.7 billion (€1.41 billion) in 2017, as the automation of wealth management revolutionises the way individuals invest.

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