Tech News & Insights for December 9-15

Government decarbonization targets and Electric Vehicle (EV) subsidies are driving the adoption of EVs worldwide. By 2035, EVs will make up 27% of all registered cars, requiring a massive increase in public charging infrastructure to support them. ABI Research forecasts that revenue from public EV charging will grow to over US$164 billion by 2035. Read More

Are the European Union’s Grids Finally Getting an Update with Endesa’s €8.9 Billion Investment in Networks and Renewables?

— Sam Torbet, Industry Analyst

Are the European Union’s Grids Finally Getting an Update with Endesa’s €8.9 Billion Investment in Networks and Renewables?

Do Smartphone-Based Mobile Access Control Solutions Pose a Threat to the Smart Card Industry?

— Lucas Steward, Research Analyst

Mobile access control solutions favor a digital-only approach and offer numerous benefits. They are seeing growing implementation, and act in competition with smart card-based solutions. Therefore, they can be considered as a threat that could detract from overall smart card shipment volumes as the product mix of the market transitions.

Generative AI Applications for Fleet Management: Game Changer or Just Another Fad?

— Adhish Luitel, Senior Analyst

As generative Artificial Intelligence (AI) starts taking center stage, fleet managers are closely assessing its applications. Leading solutions providers such as Geotab and Uber Freight have started offering generative AI-based solutions, fleet managers will have to be mindful of implementations.

Meta Announces Partnership with MediaTek for Smart Glasses: What This Means for the Industry and the Importance of Silicon Competition

— Eric Abbruzzese, Research Director

At a recent event, Chinese silicon vendor MediaTek revealed that it will be partnering with Meta for the company’s upcoming smart glasses products. While details are still minimal, it is expected that Meta will continue to work with its existing Extended Reality (XR) silicon partner Qualcomm. Qualcomm has, so far, dominated the XR silicon market, but competition from MediaTek and Apple in 2024 may shake up the market.

Nokia Announces Compact Private Wireless Solution as the Market Broadens Its Focus from Large Industrial Sites to Small and Medium Enterprises

— Elizabeth Stokes, Industry Analyst

Early this fall, Nokia announced the launch of Nokia Digital Automation Cloud (DAC) Private Wireless (PW) Compact, a simplified version of its DAC private wireless solution. The new product is geared toward small and medium industrial sites, and follows efforts from other private wireless vendors to capture smaller customers in both industrial and commercial industries.

QSR 4.0: Improving Operations in the Fast-Food Industry Using Simulation Software

— Ryan Martin, Senior Research Director

Simulation software is helping the modern Quick-Service Restaurant (QSR) industry innovate to improve or optimize operations and make the best decisions. This ABI Insight outlines the benefits of deploying simulation software and explains how it goes beyond traditional business intelligence software.