The application of data analytics to conventional wearable devices adds further benefit to the technology and provides users with actionable information, argues ABI Research.
ABI Research’s report 'Wearable Data Analytics and Business Models' argues there are a number of ways in which data analytics can provide added benefits and additional layer of insight to companies, healthcare professionals, and consumers alike.
Some examples include providing healthcare professionals with anticipatory information on which patients may need instant assistance; and providing consumers, athletes, and workers with an insight into their fitness. These analytical capabilities are provided by a number of companies including Catapult Sports, Emu Analytics, Sentrian, and Vivametrica.
It has been projected by ABI Research that revenue from wearable data and analytics services will surpass the $ 838 million mark in 2022, at a CAGR of more than 27%, from the present value of more than $ 247 million.
Stephanie Lawrence, Research Analyst at ABI Research, said:
“Wearable devices have long been finding their way into the lives of consumers and enterprises, offering various features such as activity tracking, communication, access to information, and vital healthcare monitoring. Data analytics adds a further benefit to the technology, giving users and companies actionable information based on the data that the devices collect, with deep integration through an increasingly connected market.”
Elsewhere, an online study conducted by Researchscape International found that 40% of adult residents of the US have tracked their daily physical performance via the use of a wearable device. Of all who have a wearable device, 51% use it at least once every day and 70% use it daily or weekly.
The research found that 39% of respondents use the device to keep a track on the number of steps, 36% for tracking burnt calories, 28% for distance tracking and 25% for monitoring quality of sleep.
What are your thoughts on the research? Let us know in the comments.
The wireless researchers can take advantage of the new multi-user MAC layer enhancements to the 802.11 Application Framework from NI. The support will enable to go beyond the PHY layer to address complex network-level problems that must be solved to make the 5G vision a reality.
5G brings the promise of unseen services and a broad range of use cases such as powering autonomous vehicles, smart factories and eHospitals. While many of these applications will be delivered over cellular links, many will also be served by private networks based on WiFi, which will make 5G a combination of both licensed and unlicensed wireless protocols.
There are many challenges that wireless researchers must address when working toward a more optimal delivery of joint WiFi and 5G cellular services. Wireless researchers can pair the 802.11 Application Framework with NI software defined radio hardware to rapidly conduct network-level, real-time, over-the-air prototyping experiments for a wide range of WiFi and 5G MAC/PHY research. Read more..
The US Federal Aviation Authority (FAA) has published the results of a study into the threats to manned aircraft posed by drones. Its findings contrast with those of a similar collision study carried out by the UK’s Department for Transport, and could provide the foundations for evidence-based regulations moving forward.
What if? That’s the question being asked by commercial airline pilots and the wider public. What if a photography drone was involved in a collision with a manned aircraft, for example? Regulations regarding where drone pilots can fly, how high they can go and whether or not operators should be put on a register all seem to stem from that one question.
There are concerns over privacy and the safety of people on the ground should anything go wrong, but the main driver for tougher regulations on drone pilots has been the rise in ‘near-misses’ with larger aircraft – something that usually takes place in the airspace around an airport.
Although the topic receives plenty of media attention, there have only been two confirmed cases of a drone collision involving manned aircraft.
Back in July, the UK’s Department for Transport released a summary paper of a study that sought to justify tougher measures on drone pilots. The research was used to justify a relatively low weight threshold of 250 grams, which if exceeded, would require the pilot to sign up to a new registration scheme and an enforced safety test.
The British government-funded study received plenty of criticism, particularly with regards to its methodology and the way testing appeared contrived to come to overly dramatic conclusions that would justify the new policy announcements.
Most notably, calls for the disclosure of the full research methods came from the Drone Manufacturer’s Alliance Europe (DMAE), made up of industry giants DJI, GoPro, 3DR and Parrot.
“Some of the most alarming findings in DfT’s summary are based on an object that resembles a javelin more than a drone,” said DMAE spokesman Daniel Brinkwerth at the time.
“The study’s authors could not find a way to launch a 4-kilogram drone against an aircraft windscreen, so they mounted two motors, a heavy camera and an oversized battery on nylon arms. This object could never fly, much less encounter an airliner at high altitude. Researchers need access to the full test results to understand whether this is an acceptable shortcut for scientific research.”
“This summary does not provide an adequate basis for designing safer drones or protecting the public.”
This week the FAA’s drone research divison, Assure, released the findings of its own study into the dangers of drones colliding with larger manned aircraft.
The findings are somewhat inconclusive and the researchers admit that much more needs to be done. However, they do suggest what most people with a basic understanding of physics would already know: that damage caused depends on the size of the drone and the speed of the impact.
Assure’s results found that a collision involving a 1.2kg quadcopter and the windscreen of a commercial jet airliner travelling at 250 knots would not cause any serious damage. Most at risk in the case of an impact would be the horizontal and vertical stabilizer on both passenger planes and business jets.
“Smaller drones such as those made by DMA’s members would cause less damage than larger drones, and airplanes flying at relatively slow speeds, as they do in the low altitudes where most drones operate, would also suffer less damage,” said Kara Calvert, Director of the Drone Manufacturers Alliance.
“Drones have an admirable safety record and this research confirms they can continue to safely share the skies with traditional aircraft,” she continued.
Although the FAA study leaves plenty of questions unanswered, it should go some way to reassuring the public and ease concerns surrounding the use of drones near airports. Assure is scheduled to continue researching through until 2021.
The clearest conclusion from the US study that can be drawn is the inadequacy of the UK Department for Transport’s own work. The findings suggested that the make-up of the drone, not just its total weight, is key to its potential threat – something the UK study failed to take into account.
The foundations for revised UK drone legislation due in the Spring are therefore sketchy at best.
A new Navigant Research report has projected that smart home platform revenue globally will reach $ 39.5 billion in 2026 from the present worth of only $ 4.2 billion.
At the time when consumers are getting more and more conscious about smart home technologies, the report analyses the global smart home platform with focus on residential IoT hardware, software, services, and smart home platforms. It also discusses the issues associated with the smart home market including value propositions, market channels, and drivers and barriers as well as key devices and technologies.
According to the report titled “The Smart Home”, adoption of the smart home platform among consumers is motivated by several factors such as tech incumbents, telecommunications providers and security providers. It is also held that these stakeholders are putting their existing footprint to involve in the smart home market resulting in increased availability smart home devices.
Paige Leuschner, research analyst with Navigant Research, said: “The concept of a smart home has the potential to revolutionize the way we interact with our homes and the grid. Homes that act intuitively and intelligently through a comprehensive ecosystem of hardware, software, and services not only enrich consumers’ lives, but also play a role in the transition to the Energy Cloud.”
Meanwhile, another Navigant Research report has projected that combined cumulative revenue for Industrial Internet of Things (IIoT) devices, software and services worldwide will surpass $ 1 trillion by 2027. According to the report, enterprises will the main drivers behind this trend as they realise the truth value of IIoT, which leads to decreased costs and increased equipment maintenance.
A new Navigant Research report has projected that the combined cumulative revenue for Industrial Internet of Things (IIoT) devices, software and services throughout the world will cross the $ 1 trillion mark by 2027.
The trend will be driven by an increasing number of enterprises as they start realising the benefits of IIoT leading to lower costs and increased equipment maintenance, the research firm added.
The report, titled “Industrial Internet of Things”, analysed the overall emerging IIoT market and highlighted the key market drivers and technologies as well as the regulatory frameworks. According to the report, in the beginning IIoT solutions can appear to be a little complex to administrators who are not aware about hardware, software, and service choices.
Neil Strother, principal research analyst with Navigant Research, said: “We are starting to see more and more companies across the spectrum adopt IIoT strategies, deploying hardware and software platforms to help lower operational spend, and to serve as a competitive differentiator that can help them sell products and services at lower costs.”
Elsewhere, a Technavio report on smart farming practices using IoT held that the future of agriculture is being shaped by IoT resulting in increased crop yields, real-time plant and filed monitoring and enhanced supply chain management.
According to the report, the global IoT market in smart farming will grow at a CAGR of almost 11% from 2017-2021. The report has highlighted three drivers that are responsible for the growth of the IoT market in smart farming worldwide viz a decline in the rates of sensors; boost in IoT solutions for remote monitoring; and lack of arable land and a swell in population.