Digital Lifescapes

Unlike traditional mobile communication ecosystems, an emerging market will be defined by the entrance of a new category of service providers, satellite vendors. These vendors will work with telecom network operators to deploy Non-Terrestrial Networks (NTNs) that are utilized alongside terrestrial networks. They are a joint development between terrestrial network operators and satellite vendors. In the future, NTNs will integrate directly with satellite-based networks to provide combined connectivity services. 5G Satellite Network Market Development According to the latest worldwide market study by Juniper Research, network operators will generate $17 billion of additional revenue from Third-generation Partnership Project (3GPP) compliant 5G satellite networks between 2024 and 2030. Juniper has urged terrestrial network operators to sign partnerships with Satellite Network Operators (SNOs) which will enable operators to launch monetizable satellite-based 5G services to their subscriber...

Battery power management is a critical technology for the evolution of Electric Vehicles (EVs). It's the process of optimizing the use of battery energy to maximize the range and performance of an EV.  A Battery Management System (BMS) can monitor the battery's state of health and use a variety of algorithms to control the charging and discharging of the battery. BMSs can also help to improve the efficiency of the EV by reducing energy loss. Advanced BMS software could save automakers $18 billion annually in 2030, equivalent to $76 billion cumulatively from 2024. ABI Research finds that intelligent BMS software can reduce the size of EV batteries without reducing their range. This performance efficiency helps to cut the cost of manufacturing EVs, enabling automakers to mitigate the effects of limited battery production and achieve greater profitability. Battery Management System Market Development "OEMs are struggling with two competing issues: the demand from customers fo...

The integration of emerging technologies into the hospitality industry is driving new growth opportunities and changing the way guests experience properties. Smart home technology is beginning to transform the global hospitality sector. According to the latest worldwide market study by ABI Research, the smart home and connected equipment market across smart hospitality and coworking spaces will see connected shipments rise from 6.8 million devices in 2023 to 19.7 million in 2027 -- that's a CAGR of 23.5 percent. "Service flexibility, cost savings, and meeting changing customer expectations is driving investment in connected technology," said Jonathan Collins, research director at ABI Research . Some dedicated offerings address just one segment of the market. But now, new offerings are increasingly being adopted that address the broader smart homes and smart building markets.  Smart Building Market Development Smart technology is revolutionizing the way hotels operate and ...