Have you ever heard of Continuous Intelligence? Apparently we’ll have to familiarise ourselves with this term, which denotes the new developments in the Internet of Things and data analytics.
In 2020, ABI Research foresees several technological and digital trends that will have an impact on the systems integration sector. Hence our traditional best wishes for a Happy New Year are interwoven with some food for thought about the market in the near future.
The white paper “54 Technology Trends to Watch in 2020” identifies 35 trends that will have a significant impact on the technology market and 19 others that are less likely to shift the balance in the coming months.
“After a tumultuous 2019 that was beset by many challenges, both integral to technology markets and derived from global market dynamics – says Stuart Carlaw, ABI Research’s Chief Research Officer – 2020 looks set to be equally challenging”.
Let’s explore why…
What will happen in 2020
There are three key trends, and they naturally involve aspects related to the digital transformation.
Continuous Intelligence: The concept of Continuous Intelligence (CI) will be consolidated into the IoT analytics market, enabling more advanced and near real-time data analysis. This is thanks to the surprising evolution of streaming technologies and their ability to extract information and return immediate data. There will be an increase in CI applications in 2020 that exceed the operational level of IoT (maintenance and control) analysis, shifting towards enhanced strategic planning for businesses and facility managers of all types.
mMTC services: The “massive Machine Type Communications” concept was initiated with 4G connectivity, with LTE-M and Narrowband-IoT (NB-IoT) already in line with the 5G New Radio (NR) standard. Chipset manufacturers have seen the opportunities in this transition, but the market is now in the hands of four big names: HiSilicon, MediaTek, Qualcomm and RDA (UNISOC). This domain is going to grow stronger, because “nothing succeeds like success itself”: only those who had the foresight to enter early in the mMTC arena will enjoy the boom of the next few years.
Sharing Economy 2.0 and China: Uber and Airbnb could be considered Sharing Economy 1.0, while China is showing the world the next level of sharing, which concerns powerbanks. Shared powerbanks represent a major factor in cellular connections: the most “connected” applications of the sharing economy will grow globally, driven by the incomparable numbers of the Chinese market.
As in any market analysis, there are those climbing and there are those descending. In fact, ABI Research highlights some other, less “explosive” trends for 2020, mostly related to the consolidation of IoT platforms, in a global market that is still heavily punctuated by entries, exits and confusion about the realities offered by device-to-cloud IoT platforms.
Is this really the way it will play out? We’ll find out over the next 12 months. In the meantime, we’re off to a great start with Connessioni‘s projects for 2020 – which you will soon be hearing about – and we wish you all the best for a very rewarding year.
To learn more about all the “up and down” trends in 2020, read the ABI Research white paper.
This post is also available in: Italian