Frost & Sullivan finds that autonomy and artificial intelligence (AI) promote commercial unmanned aerial system (UAS) adoption and associated market growth globally. Autonomous flight reduces workforce costs, whereas AI-driven data collection and processing shorten the time it takes to produce results, directly impacting decision-making. The global commercial UAS platform market is expected to reach $22.28 billion by 2025.
Read MoreSmart City investments can generate a significant return on investment (ROI) for cities, but cyber risks loom large, according to a recent study by ESI ThoughtLab. Preliminary findings from its study of 100 worldwide metro centers found that most cities are seeing major economic, financial, and social benefits from their investments in smart technologies, but also greater cyber-risks, if digital innovation is not managed properly.
Read MoreConsumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to the latest Worldwide Semiannual Connected Consumer Spending Guide from International Data Corporation (IDC). Consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%.
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