Leading global smart device brand OPPO and IHS Markit, a world leader in market analytics, today jointly published their first whitepaper on intelligent connectivity at OPPO INNO DAY 2019. The whitepaper is titled Intelligent Connectivity: Unleashing opportunities with the power of 5G, AI and cloud.
The world is getting excited about the new opportunities the 5G era will bring, which the whitepaper believes will be driven by intelligent connectivity powered by AI, cloud, edge computing and IoT. The new ecosystem of intelligent connectivity is expected to expand the market and unleash more opportunities within the industry.
The whitepaper noted that the year 2019 has witnessed the first wave of standards-based 5G commercial launches. By October 2019, 50 carriers had launched 3GPP-compliant 5G commercial services across 27 markets. In addition, 328 carriers in 109 markets were also investing in 5G. A massive wave of 5G development and 5G applications will boom in China.
The whitepaper also notes that because of the intelligent connectivity between 5G, AI, cloud computing and edge computing, companies and organizations should build more sophisticated business models as well as advocating openness, sharing and collaboration with partners for the development of new features to their solutions.
According to IHS Markit forecasts, around a quarter of the 1.7 billion mobile handsets shipped globally will integrate 5G by 2023 and every two out of three smartphones will have prebuilt AI hardware and features by 2025. Additionally, digital assistants in the form of smart speakers will continue to be in demand. The global installed base of smart speakers will rise from over 100 million this year to over 800 million in three years.
Since cloud gaming has lowered the barriers for consumers by removing hardware costs, cloud gaming and VR/AR will embrace new opportunities, allowing users to access games whenever and wherever they want with smaller devices. The latency is also reduced to enable the comprehensive development of VR/AR games, creating a global market that was worth over $100 billion in 2018 according to the whitepaper.
The whitepaper believes that the rise of new devices has not demised the key role smartphones play in the life of consumers. They not only play a central role in the consumer IoT space, but also serve as a gateway for wearables such as smartwatches and health monitors, controllers/receivers, and a display for data and video from other devices.