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Showing posts with the label UAV

Freight as a Service Revenue will Reach $900B in 2030

Disruption is coming to the traditional freight and parcel delivery sector, enabled in part by the Internet of Things (IoT). Freight as a Service (FaaS) will represent 30 percent of total goods transportation revenues by 2030, according to the latest worldwide market study by ABI Research. The benefits of FaaS -- which are similar in concept to Mobility as a Service (MaaS) -- include cost reductions, resource utilization improvements, and new convergence via the adoption of a 'sharing economy' business model. FaaS streamlines freight and parcel delivery services through new advancements in cargo marketplaces, on-demand transportation, freight brokerage, and ride-sharing. With emerging IoT applications fueling its current growth rate, FaaS revenues are already on track to exceed $900 billion by 2030. FaaS Market Development Opportunities "With an average global air cargo Freight Load Factor of as low as 44 percent and a structural 20 percent long-haul truck cargo ca...

CES 2016: the Year of Consumer Robotics and Drones

The International Consumer Electronics Show (CES 2016) is happening this week in Las, Vegas. It's the world's gathering place for all who thrive on the business of consumer technologies. One of the exciting emerging product categories featured at this year's event is the Internet of Things (IoT). The key IoT segments that are likely to gain the most attention at CES 2016 is personal robotics and Unmanned Aerial Vehicles (UAVs) -- also known as drones. According to the latest worldwide market study by ABI Research, the consumer robotics market reached approximately 33 million unit shipments with total revenues of $3.5 billion during 2015. By 2025, both shipments and revenues are expected to increase dramatically. ABI Research has forecast that total shipments will increase to 165 million and total revenue could quadruple, reaching $17 billion. "In 2015, robotic toys accounted for more than half of the year's total shipments, but consumer UAVs is proving to ...