MetroTech is a company that provides an Intelligent Transportation System with its “IntelliSection” data analytics tools to use on an existing city infrastructure, to turn it into a smart city.
Posts Tagged ‘ABI Research’
In the latest edition of ABI Research’s quarterly Market Data “Location Technologies”, it looks like 2014 could be a breakout year for indoor location technologies in retail environments. Early adopters are shifting from trials to full-scale deployments of the technology, as they are entering the end of the three-year adoption cycle.
Low-cost BLE/iBeacons and Wi-Fi solutions are creating a wave of second generation start-ups to fuel new growth and use cases across all major verticals. This activity is estimated to result in over 30,000 indoor location installations in 2014.
Major grocery and pharmacy chains are really moving towards this technology, and adoption and resulting revenues for all indoor location technologies are available across 11 major verticals. In fast food, for example, a small percentage of improvement in queue lengths can translate to a savings of millions of dollars. Many chain stores are doing trials of the technology just to see if indoor location is right for them. (more…)
Location-based sensor fusion will become a standard feature in as smartphones embrace constant, ubiquitous location, according to ABI Research’s report, “Location-based Sensor Fusion: Companies, Technologies, and Revenue Opportunities”. The report outlines how sensor fusion will evolve to support indoor location and the companies best placed to succeed in this space. Location-based sensor fusion will pave the way for the use of the “quantified self, ambient intelligence,” as well as provide huge potential around advertising and retail.
Findings from ABI Research show that the portable GPS-enabled device market is destined to hold its own because of the growth of dedicated HUD/eyewear, cycling and health/tracking devices. The market was not expected to do as well because of the continuing decline of PNDs, and the growing use of smartphones, smart watches and eyewear.
ABI Research’s quarterly GNSS Database forecasts the new and emerging markets for GPS-enabled devices, and where the opportunities lie in terms of device formats and vertical markets. The report also considers the impact of competitive formats such as smartphone applications, wearable sensors, smart watches, and smart eyewear, providing a complete picture of drivers and inhibitors in this market.
Senior analyst Patrick Connolly comments, “The overall market is forecast to grow from 33.3 million units in 2012 to 36.79 million in 2018, following a brief dip in 2013 as PND declines outweigh growth in other areas. Total revenues will undergo a brief period of fluctuation from 2013 to 2015, before rising to $7.14 billion in 2018.”
Readers may remember “Herbie” the runaway “autonomous” car in the Fred MacMurray movie of many years ago that created entertaining havoc. According to ABI Research, in North America, the first driverless vehicles will appear in the beginning of the next decade, evolving to more than 10 million robotic vehicles shipping in 2032.
According to ABI Research’s latest data on the Internet of Everything (IoE), there are more than 10 billion wirelessly connected devices in the market today; with over 30 billion devices expected by 2020.
“The emergence of standardized ultra-low power wireless technologies is one of the main enablers of the IoE, with semiconductor vendors and standards bodies at the forefront of the market push, helping to bring the IoE into reality,” said Peter Cooney, practice director. “The year 2013 is seen by many as the year of the Internet of Everything, but it will still be many years until it reaches its full potential. The next 5 years will be pivotal in its growth and establishment as a tangible concept to the consumer.”
“With low-cost developer’s tools becoming available, geofencing is finally coming out of the shadows, moving beyond traditional location-based applications, to form the backbone of a host of new applications and services.
As the back-end complexities of supporting location-based services continues to escalate, developers are increasingly turning to platform providers such as carriers, Google, Qualcomm, Esri, Urban Airship, and others to provide an easy, scalable geofencing service. In its report, “Geofencing: Technologies, Applications, and Revenue Strategies”, ABI Research investigates the full range of carrier and smartphone applications that will utilize geofencing in the coming years, including retail, enterprise, push notification, local search, social networking, ambient intelligence, etc”
ABI Research forecasts that the number of global users of telematics smartphone applications will increase from 3.2 million in 2011 to 129 million in 2016, with North America as the dominant region.