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.
