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IoT Connectivity Markets set to reach $8.9B by 2024
PUBLISHED ON MEDIUM According to recent market research by MarketsandMarkets, IoT Connectivity Markets are set to reach more than $8.9B by the year 2024. Currently valued at an estimated $3.8B in 2019, the company has forecasted an 18.7% compound rate of annual growth (CAGR) with major factors set to increase the demand for connected devices over time. North American markets will take the reins, accounting for a majority of growth through 2024. North America is said to account for the largest market size during the forecasted period of growth. This comes, as the United States continues to be the leader in innovation and digital transformation, placing a high priority on…
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5 Global Natural Language Processing Trends & Why the Market is Booming
PREVIOUSLY PUBLISHED TO TMCNET’S CALL RECORDING WORLD With content and real-time solutions connecting global audiences today, it was bound to happen: Natural Language Processing (NLP), an artificial intelligence engine that processes communications between human and machine, is showing growth in size and demand. This is happening thanks to continued adoption of productivity tools that are breaking down the barrier between written content and spoken word. In fact, engines have become so complex that they are even able to analyze natural human language and convert it into big data. Future Market Insights recently broke down five trends in the Global Natural Language Processing market that we can expect in the next…
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The First Smart Teddy Hits the Markets
Previously Published to TalentZoo’s Digital Pivot Ted…Snuggles…Teddy Ruxpin…The Care Bears. We all fell in love with these popular teddies because they had minds of their own, they spoke to us, and they “wanted to be our friend.” While Ted’s fictional role in two movies allowed him to completely speak his mind and interact with humans as Snuggles did in laundry commercials, most of our other furry friends were one-way speakers and nothing more than a novelty. We could tell our teddies all the secrets in the world, and they would never tell. They had no other function aside from a pull string or the flip of a cassette tape. After…
