The smart home technology global market has seen significant growth in the last 8 years. With a global market value expected to surpass USD 115 billion by 2023, the home automation market is growing at a rate of well over 20 percent CAGR. Although the United States contributes substantially to this growth, they no longer dominate the market – home automation is growing in popularity throughout Europe, the Middle East, Africa, and the Asian-Pacific region.
But as with any rapidly-growing technology, there are potential roadblocks inhibiting growth. Cost, concerns with privacy and security, as well as interoperability challenges all play a role in the market’s growing pains. Another factor that will either limit or extend global reach involves language – smart home automation giants are now all racing to offer their growing global audience, high-quality products and services in a multitude of languages. The top global contender could end up being the one that offers the most languages.
Smart homes are increasing in popularity around the globe. Today, around a quarter of North American homes operate with some type of home automation, and this percentage is expected to rise to well over 40 percent in the coming years. Each part of the world in fact, will see a sharp spike in smart home […]
In December 2020, Nimdzi was given an opportunity to test a brand new product — Spotlight. It is developed by Intento to support machine translation (MT) curation, enabling quick analysis of the MT training results. This product is intended mainly for those who train custom MT models and thus regularly face the task of evaluating MT quality.
What is language technology? Nimdzi has organized a series of panel discussions to cover some of our favorite topics in the space.
Over the past few years we’ve seen livestreaming and influencers become very successful on Taobao in China. AliExpress started livestreaming in 2017, and in the past year we’ve started seeing livestreaming become more and more popular in our key buyer countries such as Russia, France, Spain, and Poland.