2022 Predictions: Wearable Tech to dominate consumer IoT with $97.5 billion revenues

Wearable tech will represent 46% of the consumer Internet of Things (IoT) market in 2022, followed by automated home (37%) and connected car (17%), according to GlobalData, a leading data and analytics company.

GlobalData’s report, ‘Tech, Media, & Telecom (TMT) Predictions 2022 – Thematic Research’, reveals that wearable tech will generate $97.5 billion in revenues in 2022, representing both the largest and fastest-growing segment by revenue in consumer IoT by 2022.

Rachel Foster Jones, Analyst on the Thematic Team at GlobalData, shares her views on consumer IoT in 2022:

Wearable tech will generate $97.5 billion revenues in 2022

“Hearables will dominate wearable tech revenues in 2022, but smartwatches also remain popular. The explosion in interest for health and fitness monitoring shows no sign of declining and vendors are continuing to invest in advancing the capabilities of their devices to position themselves ahead of the competition.

“Competition in the smart glasses

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8 Predictions About the Future of the Auto Industry

In his new book A Brief History of Motion, author Tom Standage writes an engaging and informative overview of how we got from the invention of the wheel to modern cars.

Standage, who is also a deputy editor at The Economist, draws parallels between the past and the present. In doing so, he’s able to paint a picture of what’s in store for the automotive industry in the next 50 years.

As the saying goes, history repeats itself. He saw that numerous times over the course of writing the book.

“It’s uncovering the things that people in the past have done or felt or said that shows how similar they are to us today,” Standage told Newsweek in an interview.

Even something that seems as modern as car culture has origins in the first instances of private coach ownership in the 17th century, where wealthy European aristocrats would

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Autotrader EchoPark Automotive 500 Picks, Predictions

NASCAR’s playoff push is on, with just eight divers still standing for the Cup Series championship. As the circuit rolls into Texas Motor Speedway this week, our Autotrader EchoPark Automotive 500 picks give you a full breakdown of your best bets, drivers

The NASCAR playoffs are rounding the bend, with just eight drivers left in the Cup Series championship running. 

This weekend’s Autotrader EchoPark Automotive 500 will be a huge variable in determining who advances, and NASCAR bettors will want to make the most of their wagers with the season winding down.

We’re here to help steer your NASCAR betting with Covers Experts’ Auto Racing Advisor preview and picks for the 2021 Autotrader EchoPark Automotive 500, which gets underway at 3:00 p.m. ET on Sunday, October 17.                                 

Autotrader EchoPark Automotive 500 favorites

Kyle Larson (+340)

I know not much translates well over from the All-Star race, but Larson did win

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New First-Half Predictions from J.D. Power Show Strong Global Demand For Autos Continuing

Despite dwindling inventories on dealer lots, J.D. Power and LMC Automotive are predicting 12.4 percent global year-over-year new vehicle retail sales growth in June. The numbers are good news for automakers and dealerships who are feeling the effects of superconductor chip shortages and supply chain parts production issues.

“The recovery in global light-vehicle sales continued in May, with sales up 35 percent from May 2020,” said Jeff Schuster, president of Americas operations and global vehicle forecasts at LMC Automotive. “But the combination of various COVID-19-related restrictions and the semiconductor crisis is holding back the level of recovery.”

J.D. Power and LMC Automotive predict that retailers will sell 1,133,900 units in June, a 0.3 percent increase over June 2019 when adjusted for selling days. June 2021 and 2020 have the same number of selling days, which is one fewer than June 2019. Without adjusting for the number of sales days, volume

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