The biggest demand driver for smart transportation is the growing need for smart services globally, according to a new report from Transparency Market Research. The global smart transportation market is forecast to grow from $45.1 billion in 2014 to $176.5 billion in 2021, according to the market research firm. This translates into a compound annual…
The connected automotive infotainment systems market is forecast to grow at a compound annual growth rate of 33.8 percent over the next five years, driven by connected navigation and in-car Wi-Fi, according to ABI Research. The report, Automotive Infotainment Market Research, finds that “developed regions, which accounted for more than 60 percent of shipments in 2014,…
Basking Ridge, N.J. – Enterprise adoption of the Internet of Things (IoT) is poised for huge growth over the next five years, and is expected to have a huge impact on businesses across industries, according to new research conducted by ABI Research for Verizon Enterprise Solutions. The report finds that the number of business-to-business (B2B)…
Market research firm ABI Research forecasts that the market for Advanced Driver Assistance Systems (ADAS) will grow from US$11.1 billion in 2014 to US$91.9 billion by 2020, passing the US$200 billion mark by 2024. ADAS packages have long been available as optional extras on luxury and executive vehicles, but recent years have seen the more…
Oster Bay, N.Y. – Technology can either be a differentiating factor that helps businesses be successful or it can be something that contributes to a company’s downfall. Technology adoption and usage can help to increase efficiency, increase stickiness, reduce wastage, improve product development, improve service, and improve time to market. Technology is at the heart…
Scottsdale, Ariz. – Spending on microwave RF power semiconductors continues to tick upward as the availability of new gallium nitride (GaN) devices for 4 to 18 GHz becomes more pervasive. Point-to-point communications, SATCOM, radars of all types, and new industrial/medical applications will all benefit by the introduction of these high-power GaN devices. “While gallium arsenide…
London – Advanced Driver Assistance Systems (ADAS) are essentially driven by a sensor fusion revolution combining radar (forward looking obstacle detection), camera (pedestrian detection, lane keeping, driver monitoring), infra-red (night vision), ultrasonic (automated parking), and LiDAR sensors. While radar will remain a key technology, boosted by the 79 GHz spectrum band expected to become available…
London – Shipments of second-generation LTE basebands, commonly called Cat4, enabling mobile users to enjoy up to 150 Mbps bandwidth, barely exceeded 42 million in 2013. However, key chipset suppliers are stretching their muscles for next-generation basebands that will enable speeds of up to 300 Mbps, namely Cat6 chips. New findings from ABI Research indicate…
ABI Research expects 1.25 billion smartphones to ship in 2014 and forecasts smartphone shipments to pass the 2 billion mark in 2018. The compound annual growth rate (CAGR) over the forecast period from 2014 to 2019 is 12%. “While smartphone growth is beginning to fall, plenty of growth remains, with smartphone penetration of mobile subscribers…
London – Over the last twelve months iBeacons /BLE beacons have caught the zeitgeist and emerged as a key anchor technology in the retail space. However, there are many other markets that will generate even bigger volumes of BLE beacon shipments over the next 5 years, creating a 60 million unit market in 2019. ABI…