ABI Research forecasts a mixed future for technology markets, with smartphone sales fluctuating and tablet demand declining. Key growth areas include large language models (LLMs), with a projected 35% annual growth and significant enterprise investment. Data management tools will grow alongside machine learning and generative AI, creating opportunities exceeding $200 billion by 2029. Additionally, smart home devices and AI-enabled smart glasses will see robust growth, while humanoid robots will gain traction in shipments by 2030, driven by demand despite maturity levels.
Enterprise software spending on LLMs is growing rapidly as proofs of concept mature into scaled deployments embedded across entire companies.
The emergence of sovereign clouds underscores the need for better protection of personal and sensitive data.
ABI predicted that technology offerings for home safety, security, and convenience will reach total shipments of 500 million.
High-value extended reality use cases and novel devices like AI-enabled smart glasses will propel enterprise XR adoption significantly.
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