Home automation

SatCom Market Will Bring Connectivity to 330 Million Premises (1.3 Billion Household Members) by 2026 Despite Challenging Macroeconomic Headwinds

Retrieved on: 
Tuesday, September 27, 2022

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work—are creating an especially challenging climate. According to global technology intelligence firm ABI Research, while the pandemic and increasing geopolitical tensions have tested supply chains, budgets, and schedules, the SatCom industry is showing its resiliency and adaptability and will deliver inclusive broadband services to urban, underserved, and unserved populations—a number that ABI Research estimates will grow to 330 million premises, equivalent to 1.3 billion household members, by 2026 as part of the Serviceable Addressable Market (SAM) potential for the global Satcom industry.

Key Points: 
  • "More now than ever, the Satcom industry is showing that it is primed for growth and here to stay," states Andrew Cavalier, Satellite Communications Industry Analyst at ABI Research.
  • "While the pandemic and increasing geopolitical tensions have tested supply chains, budgets, and schedules, the industry is showing its resiliency and adaptability.
  • In this respect, the industry is quickly accelerating market consolidation of major players and integrating Non-Terrestrial Networks (NTNs) for space-borne 5G broadband.
  • For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com .

SatCom Market Will Bring Connectivity to 330 Million Premises (1.3 Billion Household Members) by 2026 Despite Challenging Macroeconomic Headwinds

Retrieved on: 
Tuesday, September 27, 2022

NEW YORK, Sept. 27, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work—are creating an especially challenging climate. According to global technology intelligence firm ABI Research, while the pandemic and increasing geopolitical tensions have tested supply chains, budgets, and schedules, the SatCom industry is showing its resiliency and adaptability and will deliver inclusive broadband services to urban, underserved, and unserved populations—a number that ABI Research estimates will grow to 330 million premises, equivalent to 1.3 billion household members, by 2026 as part of the Serviceable Addressable Market (SAM) potential for the global Satcom industry.

Key Points: 
  • "More now than ever, the Satcom industry is showing that it is primed for growth and here to stay," states Andrew Cavalier, Satellite Communications Industry Analyst at ABI Research.
  • "While the pandemic and increasing geopolitical tensions have tested supply chains, budgets, and schedules, the industry is showing its resiliency and adaptability.
  • In this respect, the industry is quickly accelerating market consolidation of major players and integrating Non-Terrestrial Networks (NTNs) for space-borne 5G broadband.
  • For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com .

EQS-News: Gigaset AG remains on track in a challenging environment. Slight increase in revenues, sharp improvement in earnings – Gigaset AG presents 2022 half-yearly report.

Retrieved on: 
Tuesday, September 27, 2022

Slight increase in revenues, sharp improvement in earnings Gigaset AG presents 2022 half-yearly report.

Key Points: 
  • Slight increase in revenues, sharp improvement in earnings Gigaset AG presents 2022 half-yearly report.
  • Slight increase in revenues, sharp improvement in earnings Gigaset AG presents 2022 half-yearly report.
  • Revenues in the first half of 2022 rose slightly to 103.4million following 102.0million in the same period of the previous year.
  • Gigaset AG is listed in the Prime Standard of Deutsche Brse and is therefore subject to the highest transparency requirements.

Current Macroeconomic Headwinds Responsible for 7% YoY Total Smartphone Market Decline to 1.24 Billion Units in 2022

Retrieved on: 
Friday, September 23, 2022

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.
  • "The challenging headwinds and notable inventory corrections conspired to outweigh any growth potential in 1H 2022, which has tempered smartphone demand amid a period of weak seasonality," said David McQueen, Consumer Technologies Research Director at ABI Research.
  • The current expectation is that the total market will decline 7% Year-over-Year (YoY) in 2022 to reach 1.24 billion units, while 5G smartphones will grow 15% in 2022 to around 683 million versus a previously expected increase of 28%.
  • McQueen shared his findings in ABI Research's new whitepaper, 2022 State of Technology Report: The Future of Technology in a Tumultuous World .

Current Macroeconomic Headwinds Responsible for 7% YoY Total Smartphone Market Decline to 1.24 Billion Units in 2022

Retrieved on: 
Friday, September 23, 2022

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.
  • "The challenging headwinds and notable inventory corrections conspired to outweigh any growth potential in 1H 2022, which has tempered smartphone demand amid a period of weak seasonality," said David McQueen, Consumer Technologies Research Director at ABI Research.
  • The current expectation is that the total market will decline 7% Year-over-Year (YoY) in 2022 to reach 1.24 billion units, while 5G smartphones will grow 15% in 2022 to around 683 million versus a previously expected increase of 28%.
  • McQueen shared his findings in ABI Research's new whitepaper, 2022 State of Technology Report: The Future of Technology in a Tumultuous World .

Current Macroeconomic Headwinds Are Driving Security Up Enterprise's Priority List and Reshaping the Hardware Security Module Market

Retrieved on: 
Thursday, September 22, 2022

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds are pushing security higher on the enterprise priority list as organizations seek cost-effective and agile cryptographic applications to protect increasingly distributed and ephemeral corporate assets. In response, hardware security modules are changing rapidly to meet these new demands.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds are pushing security higher on the enterprise priority list as organizations seek cost-effective and agile cryptographic applications to protect increasingly distributed and ephemeral corporate assets.
  • In response, hardware security modules are changing rapidly to meet these new demands.
  • "Today, enterprises are tightening budgets amid worries about their business stemming from high inflation and a potential recession.
  • For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com .

Current Macroeconomic Headwinds Are Driving Security Up Enterprise's Priority List and Reshaping the Hardware Security Module Market

Retrieved on: 
Thursday, September 22, 2022

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds are pushing security higher on the enterprise priority list as organizations seek cost-effective and agile cryptographic applications to protect increasingly distributed and ephemeral corporate assets. In response, hardware security modules are changing rapidly to meet these new demands.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds are pushing security higher on the enterprise priority list as organizations seek cost-effective and agile cryptographic applications to protect increasingly distributed and ephemeral corporate assets.
  • In response, hardware security modules are changing rapidly to meet these new demands.
  • "Today, enterprises are tightening budgets amid worries about their business stemming from high inflation and a potential recession.
  • For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com .

Parks Associates: Electric Vehicle Owners Are Two Times as Likely to Own Smart Home Devices and Up to Five Times as Likely to Own Smart Appliances

Retrieved on: 
Tuesday, September 20, 2022

DALLAS, Sept. 20, 2022 /PRNewswire/ -- Parks Associates' new consumer study Electric Vehicles and the Smart Home finds that nearly three-fourths of electric vehicle (EV) owners own at least one smart home device, compared to 38% of all US internet households. The research firm will share its energy and smart home insights on the panel "The Role of Energy Management in the Future Home" at the upcoming CEDIA Expo on September 29.

Key Points: 
  • Parks Associates research shows6% of US internet households owned an EV at the end of 2021, with 19% likely to purchase an EV in the next year.
  • EV owners are much more likely to have smart home solutions at home, including two times more likely to have a smart thermostat and video doorbell compared to the general population.
  • "They are more likely to have video doorbells, smart thermostats, and security systems, but more notably they are willing and able to invest in big ticket devices like smart appliances and less-commonly owned smart devices like smart sprinkler systems."
  • Electric Vehicles and the Smart Home measures adoption of EVs, including the charging and usage habits of owners, purchase intention for non-owners, and the barriers to buying.

Kohler Co. Elects Current President and Chief Executive Officer David Kohler as Chair and Chief Executive Officer

Retrieved on: 
Monday, September 12, 2022

David has been with Kohler Co. for over 31 years and was elected to the role of President and Chief Executive Officer in 2015, having previously served as President and Chief Operating Officer since 2009.

Key Points: 
  • David has been with Kohler Co. for over 31 years and was elected to the role of President and Chief Executive Officer in 2015, having previously served as President and Chief Operating Officer since 2009.
  • "David understands the importance of developing a strong culture of dedicated associates passionate about innovating, inspiring, and delighting our customers.
  • He left an indelible mark on me personally and professionally," David said of his father Herbert V. Kohler, Jr.
  • Since then, he has served in progressive roles at Kohler including Vice President Sales, Sector President K&B Americas, Group President K&B Group, Executive Vice President, President and Chief Operating Officer, and President and Chief Executive Officer.

Kohler Co. Elects Current President and Chief Executive Officer David Kohler as Chair and Chief Executive Officer

Retrieved on: 
Monday, September 12, 2022

David has been with Kohler Co. for over 31 years and was elected to the role of President and Chief Executive Officer in 2015, having previously served as President and Chief Operating Officer since 2009.

Key Points: 
  • David has been with Kohler Co. for over 31 years and was elected to the role of President and Chief Executive Officer in 2015, having previously served as President and Chief Operating Officer since 2009.
  • "David understands the importance of developing a strong culture of dedicated associates passionate about innovating, inspiring, and delighting our customers.
  • He left an indelible mark on me personally and professionally," David said of his father Herbert V. Kohler, Jr.
  • Since then, he has served in progressive roles at Kohler including Vice President Sales, Sector President K&B Americas, Group President K&B Group, Executive Vice President, President and Chief Operating Officer, and President and Chief Executive Officer.