• About
  • Subscribe
  • Contact
Thursday, May 8, 2025
    Login
FutureIOT
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
FutureIOT
No Result
View All Result
Home Technology Sensors and Instrumentation

ABI Research predicts the growing importance of TinyML SaaS

FutureIoT Editors by FutureIoT Editors
September 22, 2022
Photo by Anete Lusina: https://www.pexels.com/photo/unrecognizable-woman-demonstrating-light-bulb-in-hands-4792509/

Photo by Anete Lusina: https://www.pexels.com/photo/unrecognizable-woman-demonstrating-light-bulb-in-hands-4792509/

In the paper, TinyML Meets IoT: A Comprehensive Survey, the authors noted that the rapid growth in miniaturisation of low-power embedded devices and advancement in the optimisation of machine learning (ML) algorithms have opened up a new prospect of the Internet of Things (IoT), tiny machine learning, which calls for implementing the ML algorithm within the IoT device.

Tiny Machine Learning, or TinyML, is typically used for automated tasks involving sensory data. As TinyML vendors continue to democratise Machine Learning (ML) at a rapid pace, ABI Research forecasts that TinyML Software-as-a-Service (SaaS) revenue will exceed US$220 million in 2022 and become an important component from 2025 onward.

While total revenue will be dominated by chipset sales, as TinyML device shipments continue to grow, the TinyML SaaS and professional service market have the potential to become a billion-dollar market by 2030.

The TinyML market has come a long way since ABI Research first analysed this market back in 2020. The TinyML Foundation, which gathers most of the main vendors in this space, has greatly expanded in recent years. And so have the applications of TinyML, with forest fire detection, shape detection, and seizure detection among some of the most spectacular use cases.

Given how central environmental sensors are to TinyML, the possibilities are extensive. David Lobina, artificial intelligence & machine learning research analyst at ABI Research, explains, “Any sensory data from an environment can probably have an ML model applied to that data.”

He listed out some of the most common applications including Word Spotting (the identification of keywords in text or utterances), Object Recognition (the detection of a person by a sensor), Object Counting (a sensor that counts the number of people inside a building), and Audio or Voice Detection, (as in the models that activate upon hearing ‘Hey, Google’).

Ambient sensing and audio processing remain the most common applications in TinyML, with sound architectures holding an almost 50% market share in 2022. Most of these applications employ either a microcontroller (MCU) or an Application-Specific Integrated Circuit (ASIC). The personal and work devices sector will be the largest increase soon.

With the myriad possibilities, there are also potential pitfalls, but for which, ABI Research believes there are well-identified solutions. “The physical constraints on TinyML devices are genuine. These devices favour small and compact ML models, which call for innovation at the software solutions level for specific use cases. And software providers will be the most active in the TinyML market,” says Lobina.

Software providers include leaders such as Edge Impulse, SensiML, Neuton, Nota, and Deeplite.

ABI Research recommends vendors concentrate on those applications that TinyML has a clear value proposition worked out before production.

Lobina says the role of software is crucial, and vendors must develop software tools to automate TinyML itself, a recursive process that necessitates employing TinyML applications to automate other TinyML applications.

“And finally, new technology will be required to bring about ever more sophisticated TinyML models. Neuromorphic computing and chips, along with the corresponding technique of Spiking Neural Networks, would bode well for the future,” he concludes.

Related:  A blend of analytics and agility can help navigate headwinds
Tags: ABI ResearchArtificial IntelligenceASICmachine learningTinyML SaaS
FutureIoT Editors

FutureIoT Editors

No Result
View All Result

Recent Posts

  • Surge in ambient IoT to pave the way for sustainable tech
  • Imbibing AI skills into Singapore’s future workforce today
  • Asia Pacific's AI ambitions hinge on next-generation networks
  • Gartner urges supply chain leaders to adopt cost-to-serve model
  • Navigating cyber chaos while safeguarding Asia's supply chains

Categories

  • Agriculture
  • AI and Machine Learning
  • Application
  • Application and Middleware
  • Automotive
  • Banking and Financial Services
  • Big Data and Analytics
  • Blockchain
  • Case Studies
  • Change Healthcare
  • CHRO
  • Cloud and Platforms
  • Commercial
  • Construction
  • Consumer
  • Customer Engagement
  • Devices
  • ESG
  • Future Workplace
  • FutureCOO
  • Governance, Standards and Regulations
  • Government, Healthcare and Education
  • Hospitality and Tourism
  • Industrial
  • Industry
  • IT-OT integration
  • Manufacturing
  • Networking
  • Operations
  • Research and Development
  • Retail and E-commerce
  • Security
  • Sensors and Instrumentation
  • Smart Cities
  • smart contracts
  • Smart Home
  • Start-ups
  • Supply chain
  • Technology
  • Telecommunications
  • TIBCO
  • Transportation and Logistics
  • Videos
  • Whitepapers

About FutureIoT

Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

Quick Links

  • Subscribe
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms of Use

Categories

Recent News

Photo by John Tekeridis: https://www.pexels.com/photo/round-grey-speaker-on-brown-board-1072851/

Surge in ambient IoT to pave the way for sustainable tech

May 7, 2025
Imbibing AI skills into Singapore’s future workforce today

Imbibing AI skills into Singapore’s future workforce today

May 6, 2025
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe