The human voice is the most valuable biosignal for communication; humans can speak 150 words per minute on average but can type only 40 words. The human voice is essential in telecommunication, human-machine interaction (HMI), and the Internet of things (IoT).
Vending machines aren't new, but they've seen high diversification in the use cases in recent times. The global vending machine market is growing at a CAGR of 13% and expects to reach over $146.6B by 2027.
As the online healthcare marketplace makes it easy for patients to connect with physicians of required expertise at their own place and time, the new-gen digital health devices provide physicians remote health status for efficient diagnosis.
With the COVID-19 lockdown being relaxed in phases, companies are gearing up and re-aligning themselves to bag opportunities that are set to arise out of this pandemic scenario. The trends to emerge in the market post-COVID-19 will involve adding intelligence to products and convergence of technologies.
Global IoT technology encompasses a set of advanced equipment, such as meters and sensors, along with network connectivity, smart devices, and software that send data between machines and devices. This market is gaining rapid growth due to the rising adoption of artificial intelligence (AI) and connected devices based on machine learning and the increased use of cloud-based solutions.
Not only are more home appliances connected to the Internet, but they’re becoming smarter due to leading-edge advancements in artificial intelligence (AI).