Asia Pacific (excluding Japan) spending on augmented reality and virtual reality (AR/VR) is forecast to reach US $11.1 billion in 2018, an increase of more than 100% from $4.6 billion the previous year. The latest update of IDC’s Worldwide Semiannual Augmented and Virtual Reality Spending Guide provides a detailed view at the investments on AR/VR products and services which have gained exceptional market momentum in 2018 and are expected to achieve a five-year compound annual growth rate (CAGR) of 68.5% throughout the forecast period (2017-22). “The availability of new standalone VR headsets such as Oculus Go from Facebook and Mirage Solo from…
Author: IOT News Asia
Author
The cost of Internet of Things (IoT) sensors has decreased remarkably over the past decade, heralding new possibilities of a renewed push for smart cities. With worldwide spending on IoT predicted to surpass the USD$1 trillion mark by 2020, this has increasingly attracted attention within the various sectors. With that tied in line with the strong push towards smart cities, seen through the recent piloting of Smart Cities Network by 26 ASEAN cities, more cities are looking towards developing more in-depth frameworks to improve the lives of citizens through the use of technology such as IoT solutions. This gives rise…
IDC Government Insights Asia Pacific opens public voting in its search for the top smart city initiatives in the region (excluding Japan) for the fourth straight year. Out of over 180 smart city project submissions coming from local governments and technology suppliers in Asia Pacific, only the top 48 projects were shortlisted by IDC as a finalist in at least one of 12 functional smart city strategic domains measured in its annual Smart City Asia Pacific Awards (SCAPA). All finalists will compete with other outstanding projects through IDC analysts’ benchmarking, public voting, and judging from an International Advisory Council. In…
Swedish automaker Uniti has concluded its first step in bringing its innovative city EV to Asia with a successful introduction of the Uniti One at India’s Auto Expo 2018 in New Delhi. Recognized as one of the ‘top 3 electric cars’ showcased at the event, the Uniti One received considerable interest from attending press and numerous accolades from many of the expo’s 600,000+ visitors. Crowd Reactions From Auto Expo 2018 “We had thought that a reasonably priced EV with good range and premium quality would be well received in India, but the response was truly incredible,” said Lewis Horne, Uniti…
Cities in Asia Pacific are getting smarter, but they must be ready for the cyber security risks that accompany the growing adoption of tech-enabled real estate and infrastructure, according to the report ‘Clicks and Mortar: The Growing Influence of Proptech’. Commissioned by JLL and authored by start-up community Tech In Asia, the report analyses the convergence of real estate and technology in 13 markets across the region and the ways that emerging technologies are being applied to connect urban real estate, infrastructure and services. Smart cities initiatives are being implemented worldwide with many high profile examples in Asia Pacific. India has announced its…
Asia/Pacific (excluding Japan) on the technologies that enable Smart Cities initiatives is expected to reach $28.3 billion in 2018, according to the first-ever IDC Worldwide Semiannual Smart Cities Spending Guide. In its inaugural release, IDC provides a comprehensive outlook at the technology investments associated with a range of Smart Cities priorities and use cases. As these initiatives gain traction, IDC expects spending to accelerate over the 2016-2021 forecast period, reaching to $45.3 billion in 2021. “For the first time since 2006, when IDC first discovered and documented the birth of Smart Cities, we are proud to launch our global Smart Cities…
Here are selected IoT related Events in Asia to attend in 2018. If an important event is missing (there are so many), send us an Email or comment on this post. 26-27 April Asia IoT Business Platform Philippines (22nd Edition) Philippines Read more 26-28 April AI Genesis Beijing, China Read more 03-05 May CE China Shenzen Read more 09-10 May Asia IoT Business Platform China China Read more 16-17 May Smart IoT Hong Kong 2018 Hong Kong Read more 05-09 June Computex 2018 Taipei, Taiwan Read more 06-07 June Machine Intelligence Summit Hong…
Excellent Infographic from Barclays about the Future of Work. Robots will not take your job, they will just change our work. Infographic from investmentbank.com , Featured image via Freepik
Worldwide shipments of wearable devices are on track to grow 15.1% in 2018, totaling 132.9 million units over the course of the year. The overall market is also expected to deliver a compound annual growth rate (CAGR) of 13.4% over the next five years, culminating in 219.4 million units shipped in 2022, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. With cellular connectivity on the rise and shifting consumer preferences, IDC believes smartwatches will account for almost two out of every five wearable devices shipped in 2022. “Consumers are finally starting to understand and demand the utility…
IDC Government Insights announced today that this year’s search for the top smart city initiatives in Asia Pacific is underway. Dubbed as IDC’s Smart City Asia Pacific Awards (SCAPA), which is now on its fourth year, IDC is looking for the next best smart city initiatives, that will join the 38 projects awarded in the past three years. SCAPA is IDC Asia Pacific’s way of recognizing deserving agencies, private or public organizations that IDC deemed to have excelled across the 12 Smart City functional eService categories using IDC’s Smart City Development Index framework. Phase 0 – Public Nominations Phase 1 -…