Accelerated Growth Opportunities Identified for Telco, Smart Factory, and Enterprise Video Markets

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Dec 17, 2018, 09:16 ET

OYSTER BAY, N.Y., Dec. 17, 2018 /PRNewswire/ -- ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced significant findings in the Telco Digitization, AI & Machine Learning, and M2M, IoT & IoE markets:

Consumer IoT is a US$6.6 Billion Opportunity That Telcos Must Shape
While the Internet of Things (IoT) is primarily associated with the industrial and enterprise markets, there is an opportunity emerging for telcos to spur the growth of a consumer IoT market. "Consumer IoT is a nascent and fragmented market where connectivity is an essential enabler. For these reasons, telcos can play a key role in driving the growth of the consumer IoT market," said Pablo Tomasi Senior Analyst at ABI Research. Read more.

Deep Learning-Based Machine Vision Accelerates the Drive Toward the Smart Factory
The emergence of deep learning technologies opens the possibility of expanded capabilities and flexibility, leading to more cost efficiency and higher production yield. "This is in part driven by the democratization of deep learning capabilities. The emergence of various open source Artificial Intelligence (AI) frameworks lower the barrier for the adoption of deep learning-based machine vision," said Lian Jye Su, a Principal Analyst at ABI Research. Read more.

Enterprise Video Surveillance Growing to US$12 Billion
As the video surveillance industry continues its transition toward IP camera systems with edge and on-device analytics capabilities, solution providers continue to offer connected products and services with vastly stronger value propositions than traditional, legacy analog systems. "Success within IoT is largely dependent on the ability of providers to create highly specialized, value-added solutions based upon clearly defined use cases supported by market demand," said Ryan Harbison, Research Analyst at ABI Research. Read more.

About ABI Research

ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at www.abiresearch.com.

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SOURCE ABI Research