The growing ubiquity of video, the rise of edge computing and increasing adoption of AI will be three key trends expected to have a major effect on the commercial and consumer technology markets in 2019, according to IHS Markit.
The research firm has issued a new whitepaper exploring the predicted impact of the convergence of transformative technologies in the year ahead.
According to the company, the ubiquity of video is forcing significant industry change as businesses adapt to cope with rising demand.
Online video subscriptions from OTT and traditional media players are on track to double between 2017 and 2022, reaching close to one billion.
Meanwhile a wider range of industries, from security and education providers to healthcare, are becoming increasingly reliant on video technology.
IHS Markit has meanwhile predicted that edge computing will continue to transform the way networks are deployed and devices are built. The most popular application for edge computing is video content delivery.
Finally, artificial intelligence will see continued adoption in industries including consumer electronics, healthcare, industrial, and automotive. The company expects more than 170 million AI systems to have been implemented in the automotive sector alone by 2025.
The white paper also explores technology insights in various areas including 5G, including the details of a recent survey by IHS Markit indicating that eight in 10 mobile operators are involved in 5G trials and testing.