ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, announced three significant findings in the Autonomous Vehicles, Deep Learning and Augmented Reality markets:
Simulation Will be a Key Technology in Autonomous Vehicle Testing and Validation
Simulation will be a cornerstone technology for autonomous vehicle implementation, underpinning system training, testing, and validation. “Almost every OEM has positioned connected and autonomous vehicles front and center of their strategy for the next decade, lauding the advantages for safety and efficiency. However, demonstrating these advantages will require OEMs to accrue an extraordinary number of autonomously driven miles,” said James Hodgson, Senior Analyst at ABI Research.
Deep Learning Set to Ignite the Machine Vision Market to a $193 Billion Opportunity by 2023
Deep Learning (DL) techniques are taking machine vision systems to next level in terms of their technical capabilities, driving the mass adoption of the technology in several industries, including automotive, retail, consumer, industrial, and surveillance. DL-based machine vision marks a departure from other approaches. “These new DL-based applications are set to drive growth in the machine vision space, which would have been impossible using traditional machine vision techniques,” said Jack Vernon, Industry Analyst at ABI Research.
AR’s Ultimate Potential is Significant, but the Path to Realization is Changing
An increasing role for mobile devices, combined with more capable smart glass offerings, will propel the total Augmented Reality market to US$116 billion by 2023. “While the potential of the technology remains significant and revolutionary, the trajectory the Augmented Reality market is following has shifted over the past year,” said Eric Abbruzzese, Principal Analyst at ABI Research.