As of today, 80% of data is processed in the cloud, a market dominated by tech giants. For the smart IoT market though, indications show that the need for resources at the edge is growing much faster than the demand at cloud data centers. It is expected that in 5 years, 80% of data processing using Artificial Intelligence (AI) will be taking place at the edge, completely reversing the situation. One such example is XR devices where AI is the path for making them revolve around you. XR devices will learn about you with each interaction, get smarter, more predictive, constructive, and offer a personalized and more engaging experience. AI will further allow XR users to interact with their physical environment and manipulate virtual objects. And XR is certainly on the rise, with International Data Corporation (IDC) forecasting the market to grow 47% year over year in 2022 and global shipments of XR headsets to surpass 50 million units by 2026 with a 35% annual growth rate. Enjoy reading!
Moshe Sheier, VP Marketing, CEVA