Type of Article: MacTech Blog

A new report from Research and Markets (www.researchandmarkets.com) says that the global wireless audio devices market will be worth $39 million by 2022.

The market is expected to garner $38,807.5 million by 2022, registering a CAGR [compound annual growth rate] of 24.4% during 2016-2022, according to the research group. The wireless speaker systems segment is expected to dominate the market through 2022. North America is expected to be the leading region in the market during the forecast period.

A new study by Juniper Research (www.juniperresearch.com) has found that gesture and motion control will become vital for certain forms of human-computer interaction in the coming years. The use of the technology in smartphone-based VR (Virtual Reality) will be particularly important in driving up usage.

According to 3Cinteractive (www.3C.com), video is now a mobile-first experience and will account for 77% of all US mobile data traffic by 2020, up from 61% in 2015.

With this focus on video for user-generated content creation, 3Cinteractive is seeing the big players putting emphasis on the quality and functionality surrounding mobile phone cameras, and even introducing their own alternatives for better quality video. What do brands, retailers and marketers now need to know about their prospects of utilizing video for mobile campaigns?

Widespread adoption of cognitive systems and artificial intelligence (AI) across a broad range of industries will drive worldwide revenues from nearly $8.0 billion in 2016 to more than $47 billion in 2020. According to a new report from International Data Corporation (www.idc.com), the market for cognitive/AI solutions will experience a compound annual growth rate (CAGR) of 55.1% over the 2016-2020 forecast period.