Logo
Friday, 29 March 2024
Monday, 23 Dec 2019 02:00 pm

OPPO and IHS Markit Unveil Intelligent Connectivity Whitepaper at OPPO INNO DAY 2019

The new ecosystem of intelligent connectivity is expected to expand the market and unleash more opportunities within the industry

newsImage
 

Leading global smart device brand OPPO and IHS Markit, a world leader in market analytics, jointly published their first whitepaper on intelligent connectivity at OPPO INNO DAY 2019. The whitepaper is titled Intelligent Connectivity: Unleashing opportunities with the power of 5G, AI and cloud. The whitepaper aims to help inform audiences about the significance and value of intelligent connectivity and enable the industry to establish a more open, collaborative understanding of the ecosystem, better informing and guiding the sustainable development of intelligent connectivity in the future..

The world is getting excited about the new opportunities the 5G era will bring, which the whitepaper believes will be driven by intelligent connectivity powered by AI, cloud, edge computing and IoT. The new ecosystem of intelligent connectivity is expected to expand the market and unleash more opportunities within the industry.

With 5G deployment steadily expanding, the 5G era has arrived

After a year of implementation, 5G is now entering our lives at an accelerated pace.

The whitepaper noted that the year 2019 has witnessed the first wave of standards-based 5G commercial launches. By October 2019, 50 carriers had launched 3GPP-compliant 5G commercial services across 27 markets. In addition, 328 carriers in 109 markets were also investing in 5G.

A massive wave of 5G development and 5G applications will boom in China.

5G to drive accelerated integration of cloud, AI and edge computing

5G is distinct from previous generations of cellular technologies in that it has been designed at the outset to address many different technical requirements, device form factors, applications and audiences.

The whitepaper predicts that intelligent connectivity will rely on the collaborative efforts of AI, the cloud and edge, connectivity (including 5G) and IoT to deliver value to enterprises and consumers. This value may refer to a range of aspects including lower operational costs, access to new sources of revenue, or enhanced customer experience.   

The whitepaper also notes that because of the intelligent connectivity between 5G, AI, cloud computing and edge computing, companies and organizations should build more sophisticated business models as well as advocating openness, sharing and collaboration with partners for the development of new features to their solutions.

The upcoming intelligent connectivity ecosystem will unleash great potential

The development of the 5G device ecosystem has ramped up quickly across many fields.

According to the whitepaper, as of mid-November 2019, 72 vendors had announced a total of 183 5G devices, such as smartphones, indoor and outdoor CPE (customer premises equipment), robots, drones, etc. Of the 183 5G devices, over 40 are commercially available.

According to IHS Markit forecasts, around a quarter of the 1.7 billion mobile handsets shipped globally will integrate 5G by 2023 and every two out of three smartphones will have prebuilt AI hardware and features by 2025.

Additionally, digital assistants in the form of smart speakers will continue to be in demand. The global installed base of smart speakers will rise from over 100 million this year to over 800 million in three years.

Additionally, digital assistants in the form of smart speakers will continue to be in demand. The global installed base of smart speakers will rise from over 100 million this year to over 800 million in three years.

Since cloud gaming has lowered the barriers for consumers by removing hardware costs, cloud gaming and VR/AR will embrace new opportunities, allowing users to access games whenever and wherever they want with smaller devices. The latency is also reduced to enable the comprehensive development of VR/AR games, creating a global market that was worth over $100 billion in 2018 according to the whitepaper.


Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

Subscribe to our newsletter
Get the latest in your inbox weekly Sign up for the fully charged newsletter
© The News and Media Division of The Insight Partners 2024 | All Rights Reserved | Privacy Policy