SHANGHAI, June 27, 2024 /PRNewswire/ — During MWC Shanghai 2024, Chen Hao, President of Carrier Business at Huawei, delivered a keynote speech. He noted that while primary innovation unleashes technology dividends, secondary innovation accelerates business success, and pointed out that 5G is currently undergoing secondary innovation.

China has built the world’s largest and most advanced 5G networks, and by May this year, the number of 5G users in China exceeded 890 million, accounting for over 52% of the global total. Bolstered by this incredible progress, information and communications technologies like 5G are rapidly developing into an integral part of every sector and domain in China.
During his keynote entitled “Secondary 5G Innovation: Charting a New Course for Business Success”, Chen said, “China’s success in 5G is a result of ceaseless exploration, effective practices, and endless innovation. Just as James Watt’s improvements to the steam engine sparked the Industrial Revolution, secondary 5G innovation is expected to accelerate monetization in three areas – user scenarios, network-cloud-intelligence synergy, and ecosystem collaboration – for a new stage of business success.”
Scenario innovation: Reinventing the value of user groups and scenarios to accelerate multi-metric network monetization
Today, China has 150 million registered livestreaming users. Thanks to 5G’s high uplink speeds and priority-based network access, operators in the country can meet these users’ requirements for videos that offer higher definition and zero stuttering. Furthermore, more than 15 provincial operators in China have released livestreaming packages with guaranteed uplink speeds.
Networks are becoming increasingly capable of supporting new features like user- and service-specific acceleration, deterministic experience, and visualized user perception, and these advances will extend livestreaming to more scenarios, user groups, and applications. The value of user groups and scenarios will thus be reinvented, accelerating network monetization through different metrics. 
Integrated innovation: New gateway to industry IoT services through network-cloud-intelligence synergy
New Calling and cloud phone services will serve as a gateway to more individual digital services, while Internet of Vehicles (IoV) and Internet of Video Things (IoVT) services create new opportunities for industry connectivity. Innovation that integrates 5G, cloud, and AI will drive such services forward.
AI-generated content (AIGC) is only the starting point for New Calling to deliver unparalleled user experience. With the incubation of more consumer- and business-oriented high-value application scenarios, such as replacing traditional enterprise hotlines with AI assistants, New Calling will become even more engaging, convenient, and valuable.
Cloud phones can already deliver experiences that almost match those of physical phones. Delivering 2K resolution and latency as low as 100 ms, cloud phones are well on their way to offering higher-resolution display and smoother interaction that are comparable to those found on a physical phone.
For IoV and IoVT, RedCap technology can support connectivity services with optimal performance, at optimal cost. The RedCap ecosystem for chips, modules, and devices is already mature, meaning it allows operators to quickly establish industry benchmarks. With contiguous network coverage, alongside new capabilities like slicing and edge cloud computing, new high-value applications will be developed to support new IoT services for industries, such as smart manufacturing and industrial automation.
Collaborative innovation: E2E industry collaboration boosts video service traffic
Current video services, whether short videos, long videos, or video calls, typically deliver 540p or 720p resolution, meaning user experience has much room for improvement. As part of its efforts to improve consumer experience and maximize China’s leading network capabilities, Huawei advocated “moving towards a full HD era” at the recent event “HD China: Forum on High-Quality Development of Mobile Video in the AI Era”. Huawei also called on players from across the industry to collaborate on breakthroughs in glasses-free 3D content, technology, and experience, so that everyone can benefit.
In terms of 5G business success, monetization will rely heavily on reinventing the value of user groups and scenarios; services strategies will require network-cloud-intelligence synergy; and collaboration on new types of video services will be key to boosting network traffic. Concluding his speech, Chen stated that Huawei will go all out to support operators in propelling secondary 5G innovation and embracing commercial 5.5G to take 5G business success to the next level.
MWC Shanghai 2024 will be held from June 26 to June 28 in Shanghai, China. During the event, Huawei will showcase its latest products and solutions at stands E10 and E50 in Hall N1 of the Shanghai New International Expo Centre (SNIEC).
2024 will mark the first year of commercial 5.5G, and F5.5G gigabit optical network deployment has already begun. Synergies across networks, cloud, and intelligence are set to give rise to pervasive intelligent applications and increasingly diverse user experiences. Together with global operators, industry professionals, and opinion leaders, Huawei will dive into exciting topics at this year’s MWC Shanghai, like how to amplify 5G’s success in the 5.5G era and how to tap into the potential of operator revenue growth to bring us even faster to the intelligent world. For more information, please visit: https://carrier.huawei.com/en/events/mwcs2024.
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WESTFORD, Mass., June 27, 2024 /PRNewswire/ — According to SkyQuest, the global IoT in Healthcare Market size was valued at USD 215.4 billion in 2022 and is poised to grow from USD 252.1 billion in 2023 to USD 926.9 billion by 2031, growing at a CAGR of 16.8% in the forecast period (2024-2031).

The use of Internet of Things (IoT) in healthcare industry refers to the connection of all connected devices and healthcare equipment through the Internet. The growing digitization of the healthcare industry is projected to bolster the demand for IoT in healthcare across the forecast period. High adoption of electronic health records and the increasing importance of healthcare data are also slated to augment IoT in healthcare market development going forward. The global IoT in healthcare market is segmented into component, end user, application, and region.
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IoT In Healthcare Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 252.1 billion 
Estimated Value by 2031 
$ 926.9 billion 
Growth Rate 
Poised to grow at a CAGR of 16.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Application, End-user and Connectivity
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Increase in Adoption of IoT in Healthcare Industry
Key Market Drivers 
Integration of AI within the IoT in healthcare is Driving the Market
Segments covered in IoT in Healthcare Market are as follows:
ComponentMedical Devices (Wearable External Devices, Implanted Medical Devices, Stationary Medical Devices), System and Software (Remote Device Management, Network Bandwidth Management, Data Analytics, Application Security, Network Security), Services (Deployment and Integration Services, Consulting {Training, and Education}, Support and Maintenance Services)ApplicationTelemedicine (Store and Forward Telemedicine, Remote Patient Monitoring, Interactive Telemedicine), Clinical Operations and Workflow Management, Connected Imaging, Patient Monitoring, Medical Management, OthersEnd-userHospitals, Surgical Centers, Clinics, Clinical Research Organizations, Government & Defense Institutions, Research & Diagnostic LaboratoriesConnectivityCellular, Wi-Fi, Bluetooth, Satellite, Zigbee, Near-field Communication, OthersRequest Free Customization of this report:https://www.skyquestt.com/speak-with-analyst/iot-in-healthcare-market
Hospitals to Remain at the Top in Terms of IoT in Healthcare Adoption
Growing hospitalization around the world has resulted in an increased burden on these healthcare institutions. To manage this increasing workload, hospitals are quickly investing in advanced digital technologies such as IoT and robotics. High emphasis on improving patient outcomes and the adoption of a patient-centric care approach is also estimated to help promote the use of IoT devices in this sub-segment.
A growing number of clinical trials and high investments in medical R&D are also opening the scope for IoT adoption in clinical research organizations. The increasing complexity of the regulatory framework and the need for more clinical data will also promote the use of IoT devices in clinical research organizations. Meanwhile, rising demand for faster turnaround times from diagnostic and research laboratories will also help promote the demand for IoT technology for diagnostic laboratories and research laboratories over the coming years.
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Telemedicine: Key to Unlocking Full Potential of IoT in Healthcare Business
The growing prevalence of chronic diseases around the world has boosted the demand for novel healthcare solutions thereby resulting in innovations such as telemedicine. Rising demand for better patient monitoring in all scenarios and advancements in telemedicine technology is forecasted to help this segment hold a high share of the global IoT in healthcare market.  IoT devices are highly crucial for the proper adoption of telemedicine, and this is why growing demand for telemedicine will benefit market development over the coming years.
Remote patient monitoring is another key application estimated to uplift the demand for IoT in healthcare. Growing demand for home care and the establishment of multiple remote care centers are projected to help promote the adoption of IoT in healthcare across the forecast period and beyond. The use of IoT devices and systems to automate or improve clinical operations1 and workflow management will also help market development in the future. Medication management is also a key application that is expected to gain traction over the coming years and promote the use of IoT technology across the healthcare industry. Medication management, especially for the geriatric population, will be crucial as aging people opt to live more independently worldwide.
In conclusion, the global IoT in healthcare market has a lot of scope owing to rapid digitization in the healthcare space. Increasing awareness regarding the benefits of IoT deployment is estimated to help IoT in healthcare providers gain good revenue from almost all segments. Hospitals are projected to remain the most lucrative end user for new as well as established IoT in healthcare companies operating in the market.
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About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA: (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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CHICAGO, June 27, 2024 /PRNewswire/ — The global Visual Cloud Market will grow from USD 126.0 billion in 2024 to USD 237.2 billion by 2029 at a compounded annual growth rate (CAGR) of 13.5% during the forecast period, according to a new report by MarketsandMarkets™. The emergence of visual clouds such as CDN, video streaming, and other interactive media application solutions is shifting the vendors’ landscape. Today’s environment experiences an increasing need for high-quality, low-latency video services because of remote working, online classes, and entertainment. AWS, Google Cloud, and Microsoft Azure are the leading platform providers with scalable cloud infrastructure to facilitate efficient content delivery and real-time processing. Specific suppliers, including NVIDIA, offer powerful GPU features for rendering and AI-based graphics outputs. These technologies allow efficient and flexible organization of visual data, which is crucial for various purposes, including gaming and telemedicine.

Browse in-depth TOC on “Visual Cloud Market”
200 – Tables 85 – Figures310 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2019–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Organization Size, Service Model, Deployment Mode, and Vertical
Geographies Covered
North America, Europe, Asia Pacific, Middle East Africa, and Latin America
Companies Covered
Some of the significant Visual Cloud Market vendors are Microsoft (US), Google (US), IBM (US), AWS (US), Oracle (US), Zoom (US), Alibaba Cloud (China), Avaya (US), Cisco (US), and Poly (US)
Further, the future of visual cloud solutions promises further integration of AI and machine learning, enhancing video analytics, personalization, and augmented reality (AR) experiences. Edge computing will play a crucial role in reducing latency and bandwidth usage by processing data closer to the source. 5G networks will significantly boost visual cloud capabilities, supporting ultra-high-definition content and interactive services. Vendors must innovate continuously to address security, privacy, and infrastructure challenges while meeting the growing demands for immersive and responsive visual experiences.
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The services segment is expected to capture the highest CAGR during the forecast period by offering segment.
The offering segment of the Visual Cloud Market is segmented into solutions and services. The services segment accounted for the highest CAGR during the forecasted period. Services are necessary to install and implement cloud-based visual solutions for organizations. In the visual cloud industry context, the services are essential for their focus on optimizing corporate processes and enhancing business practices. Services are considered the basis for developing visual cloud solutions because they address customers’ needs. Managers also advise clients on areas where their enterprise communication is deficient and what can be done. It is evident that through visual cloud services, organizations in various industries can improve their employees’ communication. The market’s growth for visual cloud solutions will also increase demand for services, especially for professional services.
Based on the solution, the AR/VR solutions segment is expected to hold the largest market share during the forecast period.
The Visual Cloud Market, by solution, is segmented into AR/VR, enterprise video, video analytics, video processing, cloud gaming, and other solutions. It is expected that during the forecast period, the AR/VR solutions segment is expected to hold the largest market size and share in the Visual Cloud Market. AR and VR solutions are immersive technologies that overlay digital information or create entirely virtual environments to enhance real-world experiences. In the Visual Cloud Market, AR/VR solutions leverage cloud-based resources for rendering, processing, and delivering immersive content to users across various devices. Visual cloud platforms enable organizations to develop and deploy AR/VR applications that provide interactive training simulations, virtual tours, product visualization, and gaming experiences. By offloading, rendering, and processing to the cloud, AR/VR solutions offer scalability, flexibility, and accessibility, enabling users to access immersive experiences without needing expensive local hardware. These solutions drive innovation and engagement across industries such as education, healthcare, retail, and entertainment, transforming how users interact with digital content and enhancing the overall user experience.
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North America is projected to hold the largest market share during the forecast period.
By region, North America is projected to hold the most market share in the worldwide Visual Cloud Market in 2024, and this pattern is anticipated to be valid throughout the forecast period. In North America, visual cloud solutions are critical in transforming various industries by leveraging advanced visual processing and analytics. These solutions are integral to enhancing security, optimizing operations, and improving user experiences across healthcare, retail, transportation, and entertainment sectors. For instance, visual cloud technologies facilitate remote diagnostics and telemedicine in healthcare by providing real-time video consultations and advanced imaging analytics. In retail, they enable personalized shopping experiences and efficient inventory management through video analytics and AR.
Additionally, visual cloud solutions in North America are driving the development of smart cities, with applications in traffic management, surveillance, and public safety. These solutions use real-time video data and analytics to efficiently monitor and manage urban infrastructure. The region’s robust 5G infrastructure and edge computing advancements further bolster visual cloud services’ performance, ensuring low latency and high-speed data processing. This combination supports innovative applications such as autonomous vehicles and immersive media experiences, positioning North America as a leader in adopting and implementing visual cloud technologies. The synergy of these technologies accelerates digital transformation, fostering economic growth and enhancing the quality of life for residents.
Top Key Companies in Visual Cloud Market:
Some of the significant visual cloud vendors include Microsoft (US), Google (US), IBM (US), AWS (US), Oracle (US), Zoom (US), Alibaba Cloud (China), Avaya (US), Cisco (US), and Poly (US).
Browse Adjacent Markets: Cloud Computing Market Research Reports & Consulting
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
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