Digital Lifescapes

Wireless communication networking continues to evolve. More enterprise IT organizations are envisioning new applications that empower frontline and corporate employees to streamline mobile workflow. A public cellular network relies on shared infrastructure and resources which are utilized by numerous other subscribers. In contrast, private cellular networks are prevalent among businesses aiming to increase privacy, safety and control over a network used exclusively by their employees and guests. Private Wireless Network Market Development   According to the latest market study by Juniper Research , enterprise spend on private networks will near $10 billion globally by 2028 -- that's rising from $1 billion in 2023. Growing by 722 percent, the three vertical industries driving the market were identified as: Manufacturing (35 percent), Energy (20 percent), and Public Services (16 percent). The need for private networks that can support high device densities and operate over large geo...

Enterprise demand for data analytics insight and IT optimization continue to drive applications for business intelligence solutions. Meanwhile, CIOs consider new use cases for neural networks, machine learning, and natural language processing. Overall spending on Artificial Intelligence (AI) in the United States will grow to $120 billion by 2025, representing a compound annual growth rate (CAGR) of 26 percent over the 2021-2025 forecast period. Moreover, all 19 U.S. industries in the latest worldwide market study by International Data Corporation (IDC) are forecast to deliver AI spending growth of 20 percent or more. The U.S. also accounts for more than half of all AI spending worldwide. Artificial Intelligence Market Development Retail will remain the largest U.S. industry for AI spending throughout the forecast, while Banking will be the second-largest industry. Together, these two industries will represent nearly 28 percent of all AI spending in the United States in 2025 and will ac...

Upgrading electrical grids and water infrastructure around the world with new capabilities -- such as network communications, remote and automated management of elements in the field, and new utility management functionalities -- continues to gain momentum. However, smart infrastructure demand means increased dependence on new technology and communications connectivity, which greatly introduces IT security risks. Smart Utility Market Development The new infrastructure can expand the number of threat vectors, rendering smart utilities vulnerable to cyber attacks. Maintaining resilient electrical power generation and transmission -- as well as water distribution and treatment -- are key to protecting the public utility environment. Therefore, effective cybersecurity must be a function of hardware, software, data, and networks. The modernization of utility infrastructures is enabling increased efficiencies and reliability through digitization, connectivity, and IT-based approach...

Smart City initiatives are one of the most important developments worldwide in public sector digital transformation. Given the crucial role that cities will play in both overall digitization efforts and the development of national economies, the largest or fastest-growing use cases have the attention of municipal leaders across the globe. Smart City initiatives will attract technology investments of more than $81 billion globally in 2018, and spending is forecast to reach $158 billion in 2022, according to the latest worldwide market study by International Data Corporation (IDC). Smart City Initiatives Market Development "We are now delivering detailed sizing of 25 named use cases, as well as the first release of a new database of spending at City level," said Serena Da Rold, program manager at IDC. Intelligent transportation and data-driven public safety remain the largest investment areas, but IDC analysts report they are also finding significant pockets of investme...

Smart City projects have gained momentum over the last decade, as more municipalities across North American have launched a wide variety of digital transformation initiatives. That said, some cities have achieved significant outcomes that enable them to improve services for citizens. Los Angeles, New York, Chicago are the smartest cities in the United States, according to the latest market study by ABI Research. Cities were evaluated across various metrics such as deployment of LED streetlights, smart meters, renewable energy, electric mobility, smart parking, mobility-as-a-service (MaaS), vehicle-to-everything (V2X) technologies, smart waste, and first responder communications. American Smart City Project Assessment "New York is the leading city with the highest deployment of LED streetlights in the U.S., followed closely by Los Angeles," said Raquel Artes, analyst at ABI Research . Chicago will have the highest upgrade of current legacy streetlights as the local gov...

Public safety 4G/5G LTE technology will reach the mainstream markets after 2020 as trials and deployments gain momentum across the world, according to the latest global market study by ABI Research. Hardware revenue is expected to grow by 30 percent annually, reaching $540 million in 2025. The United States, UK, and South Korea markets will host the world’s first three operational public safety LTE wireless networks by the end of 2017 or early 2018. Many countries will likely follow, either through a dedicated public safety LTE network or via a hosted or shared infrastructure model. Public Safety LTE Market Development "Coexistence with legacy public safety protocols is still crucial, as legacy protocols, such as TETRA and P25, are still being deployed by agencies across the world," said Lian Jye Su, senior analyst at ABI Research . Public safety LTE offers features that generate augmented user experience for public safety agencies through video streaming, file sharin...

Wireless communications sector continues a global expansion. The broadband 4G LTE market is forecast to grow at a compound annual growth rate (CAGR) of 20 percent, from $1.1 billion in 2015 to reach $2.6 billion in 2020, according to the latest worldwide market study by IHS Markit. The total addressable market for private LTE is compounded by increasing revenues from both devices and evolved Node Bs (eNBs) shipped for use on private networks that are based on wireless cellular technology. Demand has increased for data alongside voice communications within a range of applications. The broadband market is opening up to multiple sectors -- such as public safety and security, transportation, military, utilities, industrial and public access mobile radio. Private LTE Market Development Mobile communication users are now requiring high bandwidth solutions to facilitate applications such as video streaming, internet access and advanced mapping use cases. "Broadband-capable tech...