Technology News

US$18 Billion Market for AR in Energy and Utilities as it Augments Worker Safety and Reduces Asset Damage

Energy and utilities rank among the top three verticals in terms of Augmented Reality (AR) glasses shipments and total value chain revenues. AR’s ability to enhance workers’ safety and protect equipment addresses the priority on safety emphasized by the energy and utilities industry. ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologiesestimates the energy and utilities sector will account for 17% of global smart glasses shipments in 2018. Total AR market revenues for the energy and utilities industry are expected to grow to US$18 billion by 2022, with platform and licensing, and smart glasses hardware comprising the majority.

5G, Bluetooth and Wi-Fi key to Value Proposition for Industrial Smart Glasses

In the second iteration of its Industrial Internet Connectivity Tracker, ABI Research, a market-foresight advisory firm providing guidance on the most compelling transformative technologies, forecasts that the manufacturing sector will have an installed base of 25 million connected smart glasses worldwide by 2026 with a CAGR of 95% from 2017-2026.


Information Age - Smart City Tech to Drive Trillions in Economic Growth

Smart city tech to drive over 5% GDP growth, equating to trillions, over the next decade - reports ABI Research. “Next-generation smart city technologies like AI, blockchain, and closed-loop infrastructure will accelerate future growth by transforming the economy into cognitive, self-governing entities,” said Dominique Bonte, vice president, Markets, ABI Research.

The Washington Examiner - Achieving Trump's goal of the 5G network

 A study released last week by ABI Research and sponsored by my company outlined the potential cost savings to be had: over $5 trillion annually by 2022 can be saved by enterprises, governments and citizens globally through the use of smart city technology.

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About ABI Research
ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI’s own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research’s forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit