Smart Home Solutions Revenue to Reach $135.3 Billion
The global smart home market size is expected to grow from $78.3 billion in 2020 to $135.3 billion by 2025 — that’s a CAGR of 11.6%. The growth is driven by increasing internet users, the income of people in developing economies, home monitoring in remote locations, and the need for energy-saving & low carbon emission solutions.
How 5G and Wi-Fi 6 will Transform the Enterprise
Organizations moving to adopt next-gen wireless believe it has the potential to provide a competitive advantage. Eighty-six percent of networking executives surveyed believe advanced wireless will transform their organization within three years and 79% say the same about their industry.
Global Wireless Spectrum Policy Impacts Wi-Fi Innovation
Once the global regulatory landscape for 6 GHz is finalized, the technology will bring about much higher throughput, much more capacity, greater reliability, lower latency, and better QoS than ever before.
Wireless Apps will Transform the Smart Building Market
“Together, these new smart building solutions will grow at a 32 percent CAGR over the next 8 years to create $2 billion in software and services revenues by 2026, according to the latest worldwide market study by ABI Research.”
Wireless Technology Trends will Fuel New IoT Apps
According to ABI Research, Internet of Things (IoT) end markets will represent 31 percent of total Bluetooth and 27 percent of Wi-Fi device shipments in 2024 — that’s up from 13 percent and 10 percent respectively in 2018.
Wi-Fi Device Shipments will Reach 4 Billion by 2024
Continued adoption in traditional markets of strength, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.
Wireless IoT Applications within Industrial Automation
While wired networking solutions are still predominantly used for industrial communications between sensors, controllers and systems, wireless solutions have gained a strong foothold in a number of applications.
Global Mobile Service Provider Data Migration Strategies
According to the latest worldwide market study by Juniper Research, as 4K video content becomes more widely available, the average data usage will increase leading to almost threefold rise in cellular network traffic to exceed 318,000 PB by 2021.
Source: Digital Lifescapes
More Connected Devices in American Homes are Mobile
According to the data, smartphones make up the largest share (37%) of connected devices in the typical U.S. home. Desktop and laptop computers followed at 28% of the total.
How Retailer In-Store Wireless Apps Boost Wi-Fi Usage
Retailers across the globe were one of the first sectors to adopt big data applications, as a way to gain new in-store shopper traffic insights. Wireless technology is key component of the solution. ABI Research reported greater growth in Wi-Fi location analytics within the retail market during 2015.
Source: Digital Lifescapes
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