Huawei

Omdia: Generative AI software revenue in Asia and Oceania to exceed $18 billion by 2028

Retrieved on: 
Wednesday, April 17, 2024

LONDON, April 17, 2024 /PRNewswire/ -- Since ChatGPT emerged, Generative AI (GenAI) development and deployment have been gaining significant momentum in Asia and Oceania, Omdia 's new, Generative AI in Asia & Oceania – 2024: Democratization through localization report indicates that  software revenue for GenAI in this region is estimated to be around $3.4 billion by the end of 2024 but is projected to exceed $18 billion by 2028.

Key Points: 
  • LONDON, April 17, 2024 /PRNewswire/ -- Since ChatGPT emerged, Generative AI (GenAI) development and deployment have been gaining significant momentum in Asia and Oceania, Omdia 's new, Generative AI in Asia & Oceania – 2024: Democratization through localization report indicates that  software revenue for GenAI in this region is estimated to be around $3.4 billion by the end of 2024 but is projected to exceed $18 billion by 2028.
  • China, Japan, and South Korea stand out as leading examples compared to other markets in the development of GenAI.
  • "Asia and Oceania  boasts some of the most ambitious vendors in the AI industry building full-stack solutions.
  • Omdia notes that most organizations in Asia and Oceania lack expertise in GenAI development and struggle to compete with major technology vendors and startups for AI talent.

Valkey Community Announces Release Candidate Amid Growing Support for Open Source Data Store

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Tuesday, April 16, 2024

SEATTLE, April 16, 2024 /PRNewswire/ -- The Linux Foundation is excited to announce the Valkey 7.2.5-rc1 release candidate, amid growing support for Valkey as an open source alternative to the Redis in-memory, NoSQL data store. Announced in March as a response to a recent license change by Redis Inc, Valkey has experienced tremendous growth and support, including new partners, contributors, and community participants. Valkey will continue development based on Redis OSS 7.2.4 and will keep the project available for use and distribution under the open source Berkeley Software Distribution (BSD) 3-clause license.

Key Points: 
  • SEATTLE, April 16, 2024 /PRNewswire/ -- The Linux Foundation is excited to announce the Valkey 7.2.5-rc1 release candidate, amid growing support for Valkey as an open source alternative to the Redis in-memory, NoSQL data store.
  • Since the Redis project was founded in 2009, thousands of open source developers have contributed significantly to its growth and success.
  • To continue improving on this important technology and allow for unfettered distribution of the project, the community created Valkey, an open source high performance key-value store.
  • The community has now unveiled Valkey 7.2.5-rc1, a release candidate for initial compatibility, which will allow existing Redis users to easily migrate to Valkey with no backwards incompatible API changes.

China's innovation fuels rise in European patent applications in 2023

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Friday, April 12, 2024

MUNICH, April 12, 2024 /PRNewswire/ -- Patent applications originating from the People's Republic of China at the European Patent Office (EPO) grew by 8.8% last year over 2022, according to the EPO's Patent Index 2023 published today.

Key Points: 
  • MUNICH, April 12, 2024 /PRNewswire/ -- Patent applications originating from the People's Republic of China at the European Patent Office (EPO) grew by 8.8% last year over 2022, according to the EPO's Patent Index 2023 published today.
  • In total, the EPO received 199 275 patent applications in 2023 from around the world, up 2.9% compared to 2022 and the highest number ever.
  • The top three fields for patent applications from China were digital communication (9.7% more applications in 2023 compared to 2022), electrical machinery and energy (+27.5%) and computer technology (+0.3%).
  • China was among the top five countries of origin for European patent applications in 2023 together with the United States, Germany, Japan and the Republic of Korea.

Private Wireless RAN Revenues up ~40 Percent in 2023, According to Dell'Oro Group

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Thursday, April 11, 2024

REDWOOD CITY, Calif., April 11, 2024 /PRNewswire/ -- According to a newly published forecast report by Dell'Oro Group, a trusted source for market information about the telecommunications, security networks, and data center industries, Private Wireless Radio Access Network (RAN) revenue growth slowed in the fourth quarter on a year-over-year (Y/Y) basis; however, full-year revenues still accelerated around 40 percent in 2023, propelling private wireless to comprise around 2 percent of the overall RAN market.

Key Points: 
  • Top 3 Private Wireless RAN suppliers in 2023 include Huawei, Nokia, and Ericsson.
  • Top 3 Private Wireless RAN suppliers in 2023 excluding China include Nokia, Ericsson, and Samsung.
  • Total Private Wireless RAN revenues are projected to grow at a 21 percent CAGR over the next five years, while public RAN revenues are set to decline at a 2 percent CAGR over the same time period.
  • Private 5G RAN revenues are expected to reach the $1 B to $2 B range by 2028.

Wireless Broadband in Public Safety Market worth $126.9 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024

Within the Wireless Broadband in Public Safety Market, the critical communications segment is estimated to capture the largest market size throughout the forecast period of 2024-2029.

Key Points: 
  • Within the Wireless Broadband in Public Safety Market, the critical communications segment is estimated to capture the largest market size throughout the forecast period of 2024-2029.
  • Furthermore, governments worldwide acknowledge the criticality of public safety broadband networks and actively invest in infrastructure development through initiatives and mandates.
  • This surge in government funding will directly propel growth within the first responder segment of the Wireless Broadband in Public Safety Market.
  • Consequently, the Asia-Pacific region is expected to dominate the growth of Wireless Broadband in Public Safety Market for the foreseeable future.

Wireless Broadband in Public Safety Market worth $126.9 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 9, 2024

Within the Wireless Broadband in Public Safety Market, the critical communications segment is estimated to capture the largest market size throughout the forecast period of 2024-2029.

Key Points: 
  • Within the Wireless Broadband in Public Safety Market, the critical communications segment is estimated to capture the largest market size throughout the forecast period of 2024-2029.
  • Furthermore, governments worldwide acknowledge the criticality of public safety broadband networks and actively invest in infrastructure development through initiatives and mandates.
  • This surge in government funding will directly propel growth within the first responder segment of the Wireless Broadband in Public Safety Market.
  • Consequently, the Asia-Pacific region is expected to dominate the growth of Wireless Broadband in Public Safety Market for the foreseeable future.

Silicon Valley and Shenzhen, China, will get all the growth from AI if other regions don’t invest now to compete

Retrieved on: 
Tuesday, April 9, 2024

The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth.

Key Points: 
  • The integration of AI-based technologies into regional economies through the manufacturing and design of goods such as smartphones and smart speakers has sparked significant changes, leading to increased efficiency, innovation and economic growth.
  • This suggests that regions that actively support the development of these technologies are likely to witness a positive relationship between workforce transformation and economic growth.

Technology and creativity

  • There are two significant points Florida makes about regional growth dynamics related to AI-based technologies and regional growth.
  • This means that creative class members are a basic driver of regional economic growth and development.
  • As an expert on regional economics, I and my colleagues studied the use of AI-based technologies and regional economic growth.

AI and economic growth

  • So how do initial differences between creative regions in the use of AI-based technologies affect long-term economic growth?
  • What effects do initial differences in the use of AI-based technologies between, for instance, San Francisco and Seattle have on long-term economic growth in these same cities?

Long-term growth


Consider two regions, A and B – think of A as the San Francisco Bay Area and B as Seattle. A is able to save double the amount that B does investing in an advanced AI-based technology, and A also invests twice as much as B in improving the skills of its creative workforce.

  • In simple terms, even small differences in savings rates early on can lead to significant gaps in economic output per creative individual over time.
  • Once again, the relatively minor initial differences in the two savings rates translate into a greatly magnified impact on the long-run values of skills per creative person.

Some policy lessons

  • Second, consider a creative region that is lagging another creative region in terms of output and skills per creative person.
  • For such a region to get ahead, it will need to increase its investment in AI-based technology and skills.
  • Research shows that AI assets and capabilities in the U.S. are concentrated in San Francisco, San Jose, New York, Los Angeles, Boston and Seattle.


Amitrajeet A. Batabyal does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report 2024 Featuring Layout of 10 Major OEMs and Solutions for 12 Main Enterprises - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

The "Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and China Automotive Functional Safety and Safety Of The Intended Functionality (SOTIF) Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • As a result, functional safety and SOTIF (safety of the intended functionality) have caught more attention, especially in the field of autonomous vehicles.
  • In 2023, standards and policies have speeded up the development of automotive functional safety and SOTIF in China.
  • OEMs and suppliers greatly increase automotive functional safety processes and product certifications, and embark on the layout of SOTIF process certification.

Prosoluce Chooses Open Networking For Core Network Upgrade

Retrieved on: 
Wednesday, March 27, 2024

IP Infusion , the market leader in carrier-grade networking software systems, announced today that Prosoluce , an internet and managed service provider based in France, has chosen to upgrade its backbone network with IP Infusion software and 100G open networking hardware from Edgecore Networks .

Key Points: 
  • IP Infusion , the market leader in carrier-grade networking software systems, announced today that Prosoluce , an internet and managed service provider based in France, has chosen to upgrade its backbone network with IP Infusion software and 100G open networking hardware from Edgecore Networks .
  • Open networking systems integrator Pine Networks , which specializes in open, disaggregated, and virtualized solutions, guided Prosoluce through this journey of backbone upgrade.
  • “Prosoluce’s upgrade to open networking solved several problems at once,” said Gaël Hermet, Directeur Général for Prosoluce.
  • “Perhaps more important than cost, open networking solutions provide our customers the flexibility and openness they need.”
    “With the support of partners and customers such as Pine Networks and Prosoluce, IP Infusion is working to be the open networking software vendor alternative to the networking industry,” said Atsushi Ogata, President and CEO of IP Infusion.

Vietnam Data Center Market Growth Analysis Report 2024-2029: Investments Soar as Vietnam's Binh Duong and Da Nang Lead the Charge - ResearchAndMarkets.com

Retrieved on: 
Friday, March 22, 2024

The "Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Vietnam Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Vietnam data center market has the presence of several global construction contractors such as Aurecon, AWP Architects, Sato Kogyo, and others.
  • Regarding IT infrastructure vendors, global firms such as Cisco Systems, Dell Technologies, Fujitsu, and Huawei Technologies dominate the Vietnam data center market.
  • A detailed study of the existing Vietnam data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.