According to analyst firm ABI Research, the Covid-19 pandemic forced the worldwide shipments of e-passports to drop from 192 million in 2019 to 116 million in 2020.
Category: Research Reports
But, research firm ABI Research said the looming security gaps offer at the same time a tremendous revenue potential for players in IoT security.
While PCs remain in extremely high demand, the growth rate benefitted from the shortages faced in the first quarter of 2020 when the global pandemic began, resulting in an unusually favorable year-over-year comparison.
Streaming video subscriptions climbed as households stacked subscriptions, driving subscription revenues to over $69 billion in 2020.
The inclusion of AI chipsets in security cameras in smart cities will become a norm, with over 65% of cameras shipped in 2025 expected to come with at least one AI chipset.
The demand was overwhelming for inkjet machines, causing various out of stock situations to arise across vendors.
The growth rate and unit volume were the fastest and largest numbers recorded since IDC began tracking this market in 2016.
Despite a decade of annual double-digit growth, the smart home market will remain stymied without significant development of its richest resource – smart home intelligence.