According to Future Market Insights (FMI), the worldwide IoT in healthcare market is expected to reach $181.4 billion in 2022, growing at an 18.0% CAGR to $952.3 billion by 2032 over the forecast period. Furthermore, a dollar opportunity worth $770.9…
AI and IoT technologies now mainstream as businesses gear for growth
Innovative businesses are increasingly making use of emerging technologies, such as robotics, augmented reality (AR) and the Internet of Things (IoT) to stand out from competitors and skyrocket their growth, new research has revealed. According to a survey of UK…
Automation, connectivity and intelligence evolve in smart homes
The global smart home device market accounted for $68.8 billion in 2020 and is expected to reach $156.6 billion by 2028. That is a lot of money quickly being invested into some serious home improvement! Our homes are rapidly graduating…
IIoT platform for plant wide asset monitoring
Sensata Technologies announced the Sensata IQ platform that makes it easy to deploy asset health monitoring to prevent unplanned downtime within manufacturing environments. Online asset monitoring systems have traditionally been expensive, complex, and required users to have deep domain expertise.…
Digital manufacturing for aerospace
Aerospace original equipment manufacturers (OEMs) must strive to manufacture aircraft that can travel sustainably for longer distances and support net zero goals. They must produce quality components with tight tolerances from difficult-to-machine materials like HRSAs, while also keeping production cost-effective…
