Digital therapeutics are poised to change healthcare by enabling diagnosis, management, and treatment in a low cost and scalable way. In its new report, Lux Research shows that partnerships are imperative to success when evaluating what therapeutics to employ.

The report, ‘Global Energy Storage Market 2019’, estimates that the three main drivers of energy storage, mobility applications, electronic devices, and stationary storage, will reach an annual combined deployment level of 3,046 GWh over the next 15 years, up from the current 164GWh, with mobility applications making up the lion’s share of the growth.

Despite significant hype, most companies still struggle with how to successfully integrate artificial intelligence (AI) into their businesses. This is according to Lux Research’s new report on the state of AI and how companies can improve decision-making around AI.

Lux Research has released its annual list of technologies and trends that will transform the way we live, work, and play over the next decade. You can view the list in its entirety in the infographic below. 

The rise of Artificial Intelligence (AI) is unlocking a wave of new sensor applications and driving market demand for intelligent sensing - the ability to extract insights from sensor data. To guide innovation and investment in this fast-evolving market, the team at Lux Research, took a deep dive into how and where enhanced AI analytics are rapidly improving the capabilities of softwar...

With few EVs passing key performance benchmarks of driving range and cost, the automotive industry received an overall failing grade for its EV offerings. In the inaugural 2016 edition of Lux Research’s annual 'EV Inflection Tracker', the industry earned just 27 out of a possible 100 rating, mainly because of high costs and limited offerings with a driving range of over 200 miles.

Cost, efficiency and safety are driving the much-hyped Industrial IoT (IIoT) as companies worldwide in a wide range of industries look for opportunities to connect nearly everything in the industrial workplace, according to Lux Research.

Smart cities use a mix of information, energy and social technologies for environmental sustainability, economic prosperity and livability. However, they need to be not just smart but agile, making technology choices that let citizens adapt and improve on solutions they implement today, according to Lux Research.

IT is driving a renaissance in manufacturing, employing tools such as big data, advanced analytics and AR to help companies reach markets faster and cut costs, according to Lux Research. The renewed push to manufacturing is led by initiatives such as Germany’s Industrie 4.0, GE’s Predix platform and improved PLM (Product Lifecycle Management) software – itself a $35bn market – besides broader technologies such as 3D printi...

Distributed storage for solar systems will be worth $8bn in 2026 as solar combines with storage in order to continue its remarkable growth, according to Lux Research. Solar-plus-storage is a key necessity for solar to overcome limitations like intermittency and the lack of power after dark.

Federal, state and local governments pour an estimated $55bn into ICT but, according to Lux Research, better structuring of funding is needed to create better outcomes. Governments and IT developers should apply principles like modularity, scalability and interoperability to ICT funding itself - prioritising cyberphysical security and open-source IP in areas like the industrial internet and precision agriculture.

The proliferation of mobile devices, the growing popularity of wearables and the advent of the connected IoT are driving expected demand for sensors into the trillions. However, to achieve the full potential of these and other products, sensors need innovations to address critical unmet needs in power consumption, sensitivity, form factor and cost, according to Lux Research.

Smart homes have come a long way since emerging as a simple home energy management tool and now offer enhanced capabilities ranging from security to air quality monitoring and elderly care but remain hobbled by high costs - $6,700 for a fully enabled home, according to Lux Research.

Over the next decade auto manufacturers will need to meet aggressive fuel efficiency targets of 54.5mpg in the U.S. and 95g of CO2 per km in Europe. While advanced technologies like all-electric vehicles, super-light carbon fibre composites and hydrogen fuel cells will all be available, Lux Research's analysis found that micro-hybrids will provide the most economical route to meeting 2025 targets.

Lux Research, a research firm specialising in emerging technologies, profiled 1,189 companies across 20 different emerging technology domains during 2015 as part of its ongoing intelligence services. Lux Research provides information and analysis on firms developing emerging technologies that impact global megatrends like energy and infrastructure, health and wellness, and information meets matter.

Despite sensors having many applications in agriculture, innovative pricing and service models will be key to the success of technology developers, says Lux Research. With farmers facing price variability and other uncertainties, few are able or willing to risk significant capital on sensing technologies, which can help make more efficient use of soil, water, pesticides and equipment. Developers need to target the crops best suited for their tech...

Driven by OLEDs, the market for the top emerging display technologies will nearly triple to $21bn by 2020, as LCDs lose market share, according to Lux Research. OLEDs, which enjoy a distinct advantage in mobile devices on account of performance in small form factors, will create a $15bn market, up from $6.2m in 2015.

Li-ion batteries have led to revolutions in consumer electronics, EVs and grid storage, but still face limitations in terms of cost and performance. While incremental improvements will extend their dominance into the next decade, a new generation of battery technologies are rising, according to Lux Research, and will be worth $10bn by 2030.

Leading companies like Apple, Merck KGaA, BASF and Xerox have made high-profile acquisitions of start-ups in printed electronics. However, according to Lux Research, many of the companies acquired have been second-tier players, leaving more attractive acquisition or partnership targets open.

Self-driving cars are hot right now and, in addition to helping make drivers' lives easier, they can help make EVs more affordable, says Lux Research. Specifically, plug-in vehicles can save up to $1,800 in battery costs or extend driving range by 24 miles with the addition of autonomous features like self-parking.