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Smart lighting will one day be the most popular type of smart device. Smart lighting is an easy starting point for smart home device usership because installation is relatively simple, no major home modifications are necessary, price points vary widely, and installation allows users to save energy and reduce their carbon footprint.

Because soon as Meta announced their product, for Snap it was both, this is bad for us because now there's a very strong competitor in this space, but on the other hand, this is good for us because it validates this wearables market. Jasmine Enberg (16:40):. Completely. And I think this has been a story with Snap and Meta for a long time. Right.

Prime Day shoppers are more likely to be into tech than the general population, leaning toward purchases of smart watches, smart home devices, and AR/VR products, according to CivicScience. 鈥淭his helps to explain why electronics sell so well on Prime Day,鈥� said Dick. 鈥淚t鈥檚 a remarkably tech-savvy group of consumers 鈥� They are on the front lines of early adoption of new technology.鈥�.

Forty-five percent of customers who don鈥檛 use mobile banking lack a smart device. Twelve percent feel they lack the necessary technical skills to bank online. When FIs attempt to fill the gaps left behind by branch closures, customers who cannot participate in telephone conversations or mobile banking often fall through the cracks.

Looking ahead, interest in AI-enabled wearable devices could prompt companies like Google or Meta to develop AR smart glasses, which would unlock even more AR marketing. Use this chart:. Highlight the growth opportunities in AR and VR advertising. Justify increasing spend on AR and VR content experiences. Discuss potential AR applications in marketing campaigns. More like this:.

Budget 5G smartphones that incorporate premium features such as eSIM compatibility and improved camera technology and are bundled with wearables and Bluetooth headsets can help lock in new users. This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing鈥攁 daily recap of top stories reshaping the technology industry.

OpenAI鈥檚 opportunity for device expansion: Partnering with Apple would give the AI startup unparalleled access to billions of users and make ChatGPT a standard on various mobile and wearable devices. OpenAI demonstrated advanced voice assistant capabilities in its GPT-4o model, which boasts AI capabilities across voice, text, and vision.

The internet of things (IoT), the ecosystem of internet-connected sensors and devices that generate, collect, analyze, and transmit data from wearables and remote patient monitoring devices. Artificial intelligence (AI) and automation. Smart hospital solutions use AI to capture and process information, then build automation around the data.

The company is also planning to make in-house displays for mobile devices and wearables by 2024, which will reduce its dependence on suppliers like Samsung and LG, per Bloomberg. Despite years of pushing back on touchscreen-enabled MacBook Pros and iMacs, Apple is reportedly considering adding touch displays to MacBooks by 2025, per AppleInsider.

He saw this technology basically just going into phones and all these other wearable AI devices not having a place in the market. What'd you make of that? Gadjo Sevilla (06:41):. I think phones, smartwatches. I mean, these are things that people already have as a part of their lives and they do take voice input. So yeah, they're a natural next step, step and guess which company sells these things?

Ownerships rates for tablets (46.5%), game consoles (37.8%), smart TVs (63.4%), and smartwatches (29.7%) far exceed the regional average in Asia-Pacific. Chart Overview by Country. Australia. China. Hong Kong. India. Japan. New Zealand. Philippines. South Korea. Taiwan.

鈥淵ou're combining text, voice, speech, images, and even sensors from 飞别补谤补产濒别蝉,鈥� said Canaves. 鈥淭hat data can be interpreted and used to create even more powerful models, and even greater personalization.鈥�. OpenAI鈥檚 Sora is an example of generative AI with multimodal output, creating videos out of text which could, further down the road, generate personalized ads.

This is much lower than the 30% of consumers who say they鈥檒l invest in smart home security or the 29% that would buy health wearables/tracking devices. Marketers are a little more bullish on the tech, with 37% of CMOs and executives worldwide saying they will use the tech frequently to engage with customers over the next two to three years, per December 2023 data from Capgemini.

This chart here shows IDC expects earwear to maintain its position as one of the largest wearable device categories. Last year, 320 million earwear devices shipped worldwide, double the number of smartwatches, which was in second. It didn't have eyewear on this.

Smartwatches, for instance, do connect to the internet, but can also function offline to monitor sleep or track fitness. Nor do we count time spent playing a downloaded game or following a downloaded map. Apps drive mobile engagement. Apps crossed the 90% mark in mobile time last year and haven鈥檛 looked back.

That category includes internet-connected devices such as smart speakers, smart appliances, connected cars, and smartwatches. CTV is in a majority of US households. More than two-thirds of the US population will use CTV in 2023, and more than 85% of US households will have at least one internet-connected TV set this year.

Smartwatches were the things that I picked out. We're now agonizingly close to the 25% ownership boundary for smartwatches, already passed that in countries like USA and UK now. If you look at the year-on-year growth of smartwatches, it's really pretty impressive. Between 2019 to 2023, it's gone from, for example, 13% to 30% in the US, 7 to 23% in Brazil. So lots of really nice growth there.

The various heads of wearables for RL and also Metaverse for RL, Reality Labs, sorry, they were all using the speaking points of marketing as they were describing the core truth about their brands, and it felt really good because it felt we were properly integrated and they were listening to us and we had a really good partnership.

And then of course there's a slew of wearables it some perform well, some perform not well. (05:11):. And of course all of them are getting AI enablement. And they want to come up with something new. And I don't think that there's any silver bullet here.

The contrasting global smartphone market: North America is caught in the thrall of the Apple and Google smartphone duopoly that is focused on handsets but extends across ecosystems including wearables, fitness, entertainment, and mobile payments.

So if you're talking about it like a Fitbit that just connects through your phone, we're not talking about that. But we are talking about anything like your smartwatch that connects, smartphone, connected cars, connected YV, anything smart or connected is probably going to count as a connected device under our definition. Marcus Johnson:. Okay.

The 6.0% growth rate in 2023 is up from 2022 and higher than this year鈥檚 user growth rate for other consumer technologies, such as smartwatches, voice assistants, and smart home devices. But there aren鈥檛 enough new users to turn VR into a mainstream medium. To view the full forecast for AR and VR users, click here. VR headset quality improves, but rising prices cool growth.

Meta鈥檚 Ray-Ban glasses can record and identify individuals, feeding AI models, but concerns grow over covert use and lack of transparency in public spaces.

But I think on-device AI computation thanks to the neural ships that are going to be available this year is going to help boost sales and adoption, and these will be for premium devices and hoping that the AI-enabled PCs, devices, wearables, and smartphones gain ground this year. Marcus Johnson:. Okay.