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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Worldwide Sales of Electronic Automotive Fuse Boxes Are Likely to Bring In Approximately US$ 4,900 Mn Revenues by 2028-end

ise in consumer preferences for electro-mechanical, electrical, and electronic functions in vehicles has led innovations in design & operation of relevant power systems. Pervasiveness of fuse boxes, as the only solution of circuit protection in automobiles, continues to prevail. In light of these factors, worldwide sales of automotive fuse boxes are likely to bring in approximately US$ 4,900 Mn revenues by 2028-end, according to a new Fact.MR study.

Although traditional automotive fuse boxes have been sought-after on the coattails of their affordable unit cost, an elephant-sized opportunity exists for integration of smarter, more intelligent electronic fuse. Use of electronic fuse has the potential of significantly trimming costs and weight of vehicles. Uptake of power demand in new vehicles, in combination with recent luxury cars sales proliferation are likely to brim the future requirement for automotive fuse boxes.

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Sensing the evolving

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America’s Car-Mart (CRMT) Q1 Earnings and Revenues Top Estimates

America’s Car-Mart (CRMT) came out with quarterly earnings of $2.83 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 91.22%. A quarter ago, it was expected that this auto retailer would post earnings of $1.33 per share when it actually produced earnings of $1.35, delivering a surprise of 1.50%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

America’s Car-Mart, which belongs to the Zacks Automotive – Retail and Whole Sales industry, posted revenues of $187.91 million for the quarter ended July 2020, surpassing the Zacks Consensus Estimate by 2.84%. This compares to year-ago revenues of $171.88 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the

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