Smartphone Biometric Technology Is on the Rise

The adoption of biometrics across various applications in an array industries is continually increasing. Concerning consumer technologies, fingerprint and facial biometrics are already prevalent in the devices we use daily. This is only expected to increase with time, with ABI Research observing the adjoining movement of growing penetration of biometric technology within devices, with the increasing integration of biometrics in smartphone operating systems, external apps, and web pages. Alongside facial and fingerprint technologies, numerous other biometric modalities, including voice, gesture, and vein recognition, are seeing strong uptake.

For the past 2 decades, the video surveillance market has seen a swift migration from analog and Closed-Circuit Television (CCTV) cameras to Internet Protocol (IP) cameras. Today’s IP cameras are cheaper, more powerful, and have greater intelligence than legacy cameras, providing significant value to security departments and business units. Now a staple in commercial surveillance, video analytics extends beyond its historical home in security departments. Thanks to advancements in Artificial Intelligence (AI) and edge computing, customers can leverage a new and improved form of this technology, often called intelligent video analytics. Intelligent video analytics software leverages AI and Computer Vision (CV) to detect objects, people, activities, etc. This is a game-changer for businesses, as it transforms their camera platforms into data-gathering Internet of Things (IoT) devices that send alerts and notifications, which can then be turned into actionable insight.

In an ideal world, industrial and manufacturing firms could simply focus on producing goods and maximizing their profits through innovation. However, that’s not the world we live in, and they face several manufacturing challenges that they have little to no control over. Firms can prepare to act upon them by first identifying and evaluating the most significant issues. From there, strategic steps can be taken to ensure that production plants and supply chains are equipped with the technologies needed to build operational resiliency. With this post, I’ll walk you through five of the most highly impactful manufacturing challenges to be aware of in 2023 and pinpoint which vertical markets experience the greatest inconvenience from each of them.

The introduction of video analytics solutions got off to a rocky start many years ago. The biggest problem was that companies promised more than their analytics software could actually deliver. While this led to great mistrust in the technology, commercial customers have warmed up to intelligent video solutions once again. ABI Research forecasts that the global installed base of video surveillance cameras will reach 1.2 billion by 2030, thanks to technological advancements in edge-based Artificial Intelligence (AI) and Machine Learning (ML). New and improved edge-based AI and ML capabilities of cameras have peeled back the onion, and underneath the surface lies a world of diverse video analytics applications and use cases. This blog post lists six video analytics companies and intelligent surveillance providers using advanced technologies like AI and ML to help customers strengthen their surveillance apparatuses.

There’s a fierce game of tug-of-war taking place within the telecommunications industry. On one side of the rope is the consumer-centric business model that Communication Service Providers (CSPs) have traditionally relied upon. On the other end are 5G cloud and software services that define a future, digital-first world. Each telecom domain vies for the attention of CSPs equally. Operators must look both to the future—promising new growth opportunities in the enterprise—while also being careful not to let their hands slip from the consumer side of the rope.

When ABI Research surveyed 1,800 fleet operators last year, the results indicated that 6 out of 10 businesses place fleet electrification as their near-term goal. Consequently, the number of commercial Electric Vehicles (EVs) on the road is forecast to grow from 171,000 in 2020 to approximately 3 million by the decade’s end. Today’s rapid transition to electrified fleets and Zero-Emissions Vehicles (ZEVs) is the result of several internal and external factors. This post covers six of the biggest market drivers for fleet electrification.

The following forecast looks at how generative AI will create incremental value for companies in each different enterprise vertical. ABI Research expects each generative AI vertical market to adopt the technology at different rates depending on the business use cases that will create the most value.

Whether it’s new recreational entertainment or a novel healthcare monitoring application, consumer technology is always evolving. Older tech is phased out and replaced with the latest and greatest offerings brought about by various companies’ exhaustive product developments. To help manufacturers, content providers, and other vendors pinpoint the current state of consumer markets, here’s a thorough rundown of 8 consumer technology trends in 2023.

Update: Check out our newest telecom trends here.

Optimizing the Internet of Things (IoT) hardware development process is integral to making your vision for a product a reality. An efficient development process leads to quicker Time to Market (TTM) and more realistic product design prototypes to test. Due to the introduction of newer connectivity technologies in recent years, IoT solution developers have felt the pressure to make several adjustments in their development processes. This is a rapidly evolving technology space, with different suppliers, components, and elements involved. It’s worth discussing the following trends in IoT development: