China’s business intelligence software market is growing rapidly
Newsletter: According to the latest IDC report, the scale of China’s business intelligence software market in the second half of 2021 is US$480 million, and the market size in 2021 will reach US$780 million, a year-on-year increase of 34.9%. Compared with 2020, the market growth rate has increased significantly. It is estimated that by 2026, the scale of China’s business intelligence software market will reach 2.02 billion US dollars, with a compound annual growth rate of 20.8% in the next five years.
Iron and Steel said: Business intelligence software involves many fields, including data security, industry supervision, etc. This market growth fully demonstrates the general trend of digital transformation, and the level of intelligent application is further improving.
The potential impact of artificial intelligence on the automotive industry
In brief: A research report by the McKinsey Artificial Intelligence team says that in the next 10 years, artificial intelligence will bring huge growth opportunities for a series of new industries in China, creating more than $600 billion in economic value. Of these, the potential impact on the automotive industry is the largest, with the potential to create more than $380 billion in economic value. It comes from three main areas: self-driving or driverless cars, personalizing the experience for car owners, and fleet asset management.
Iron and Steel said: China has become the world’s largest automotive market, and the proportion of intelligence is gradually increasing. In the future, artificial intelligence will have a very large application and development space in the automotive field.
Global TV shipments may be less than 200 million units in 2022
News in brief: Relevant surveys show that, affected by factors such as inflation, repeated COVID-19 outbreaks, and changes in regional situations, global TV shipments in the second quarter of this year reached 45.17 million units, down 5% quarter-on-quarter and 6.8% year-on-year. The volume may be reduced to 202 million units, a decrease of 3.8% year-on-year. Considering that the market environment is still changing, it is still possible for the annual shipment to decrease to less than 200 million units.
Iron and Steel said: TV is the representative of traditional electrical appliances. With the development of smart home, more and more TV substitutes have been derived. Taking smart projectors as an example, smarter products are gradually replacing TVs in the living room. s position.
The future of healthcare lies in intelligent systems
Newsletter: In recent years, with the vigorous development of new-generation information technologies such as 5G, cloud computing, and big data, smart medical care has gradually affected people’s production and life. The industry believes that the future of the medical and health industry lies in intelligent systems, such as digital twins, analog simulation, digital feedback and other technologies, and edge computing technology is considered to be the key to the success or failure of intelligent medical systems!
Iron and Steel said: The intelligentization of the medical system will help doctors and patients to better cope with the challenges of diseases. In the future, from health monitoring to AI pharmaceuticals are important application areas of smart medical care.
Finland successfully manufactures sand batteries
Newsletter: Recently, a Finnish company claimed to have successfully manufactured the world’s first commercial sand battery. Using a simple heat exchanger buried in the middle when the sand is heated, the device is capable of storing 8 megawatt hours of energy at a rated power of 100 kilowatts. It can use this stored heat, along with excess heat from its own data servers, to power local district heating systems, heat buildings, swimming pools, industrial processes, and more.
Iron and Steel said: The energy storage system is an important part of new energy construction. The “sand battery” combines the local geographical environment with low temperature all year round and has high practical exploration value.
Health management becomes the trend of smart watches
Newsletter: As consumers begin to pay attention to health management, many smart watch products have also begun to pay attention to this field in recent years. In order to compete with similar products, different brands have also extended different product features, such as Apple Watch, which focuses on sports and fitness, Combined with the HUAWEI Watch for medical monitoring and the Galaxy Watch for comprehensive management, these different styles of smartwatches provide consumers with more diverse choices.
Iron and Steel said: Consumer health management has promoted the diversification of the market, and more and more needs have been responded to and satisfied. In the long run, this virtuous cycle will also benefit the overall development of wearable devices.