Press Releases

Worldwide spending on Cognitive and AI to reach $12.5bn in 2017, says new IDC spending guide

A new update to the Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for cognitive and artificial intelligence (AI) systems will reach $12.5 billion in 2017, an increase of 59.3% over 2016. (more…)

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April 4, 2017

Posted by: Avadhoot Patil

Retail industry’s installed base of cellular M2M devices to reach 49.2m by 2020, says Berg

The number of cellular M2M connections in the retail industry reached 33.7 million worldwide in 2016, according to a new research report from Berg Insight. (more…)

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March 31, 2017

Posted by: Avadhoot Patil

Smart home households will grow fivefold to 463m worldwide in 2021 for a CAGR of 39%, says Ovum

Ovum‘s new Smart Home Devices Forecast: 2016–21 found that the largest smart home markets will be China and the US, thanks to high availability of devices and greater consumer interest in smart home services and products. (more…)

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February 21, 2017

Posted by: Avadhoot Patil

Global IoT security market to grow at an impressive CAGR of 48% through 2021, says Technavio

According to the latest market study released by Technavio, the global Internet of Things (IoT) security market is expected to grow at a CAGR of close to 48% during the forecast period. (more…)

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January 25, 2017

Posted by: Avadhoot Patil

Global installed base of connected vending machines will reach 3.6m by 2020, says Berg Insigh

Berg Insight, an M2M/IoT market research provider, released a new market report covering the connected vending machine market. The global installed base of connected vending machines reached an estimated 1.51 million units in 2015. (more…)

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December 23, 2016

Posted by: Avadhoot Patil

Shipments of cellular M2M terminals will reach 5.7m units in 2020, says Berg Insight report

According to a new research report from the M2M/IoT analyst firm Berg Insight, the number of shipped cellular M2M terminals were 2.7 million worldwide during 2015. (more…)

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October 4, 2016

Posted by: Avadhoot Patil

Worldwide revenues for augmented and virtual reality forecast to reach $162 billion in 2020, according to IDC

According to the new Worldwide Semiannual Augmented and Virtual Reality Spending Guide from the International Data Corporation (IDC), worldwide revenues for the augmented reality and virtual reality (AR/VR) market will grow from $5.2 billion in 2016 to more than $162 billion in 2020. (more…)

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August 16, 2016

Posted by: Avadhoot Patil

IoT platform revenues will grow to €3bn worldwide by 2021, says Berg Insight

According to a new research report from the M2M/IoT analyst firm Berg Insight, the global third party Internet of Things (IoT) platform market increased 36% to € 610 million in 2015. (more…)

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August 10, 2016

Posted by: Avadhoot Patil