Market analyst stories
Semiconductor revenues rise after COVID-19 disrupts usual market trends
"Despite the traditional low-demand season in the first quarter, both quantity and price increased as demand continued to be solid across all applications."
Aus public cloud services market to grow to $10.6bn in 2021
Software as a service (SaaS) remains the largest market segment and is forecast to reach A$5.7 billion in Australia in 2021 as the demand for composable applications requires a different type of SaaS experience.
Consumer demand boosts wearable device market growth
IDC states worldwide shipments of wearable devices reached 153.5 million in the fourth quarter of 2020, a year-over-year increase of 27.2%.
Hyperconnectivity market represents billion-dollar opportunities, analysts find
The number of connected devices globally is projected to increase from 30.4 billion in 2020 to 200 billion in 2030 at a compound annual growth rate (CAGR) of 20.7%.
Worldwide revenues for AI skyrocket, set to reach $550B by 2024
By 2024, the market is expected to break the $500 billion mark with a five-year compound annual growth rate (CAGR) of 17.5% and total revenues reaching $554.3 billion.
APAC network access control market growing rapidly
Network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709 million in 2024, according to GlobalData.
Crypto winter & pandemic slice $2.8b from blockchain revenues
ABI Research says that the revenue drop will not last long, with revenues expected to return to normal by 2023.
Consumers turn to smartphone accessories while other markets fail
Smartphone accessories, namely wearable bands and TWS devices, is set to exceed 200 million units and 350 million units respectively in 2021, according to the latest Canalys forecast.
Worldwide smartphone market declines in Q3, but not as much as expected - IDC
353.6 million smartphones were shipped this quarter, and despite the 1.3% dip compared to last year, this figure represents a much better picture than what was previously projected by IDC — a 9% year-on-year decline.
China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
China is set to dominate Asia Pacific (APAC) cloud computing market revenue in the lead up to 2024, with one-third revenue market share, according to GlobalData’s Market Opportunity Forecasts Model.
AI will be unstoppable with market value to jump 457% by 2025
As a result of AI entering the mainstream, one in five workers in a nonroutine job will rely on it for at least part of their role, according to Learnbonds.
APAC leads the way for 28bn virtual reality market
GlobalData’s Market Opportunity Forecasts Model on VR reveals that the global VR market revenue is set to grow at a compound annual growth rate (CAGR) of 13% from an estimated US$7bn in 2018 to US$28bn in 2030.
GlobalData reveals top 25 global companies by market capitalization
Analyst firm GlobalData has revealed the top 25 global technologies by market capitalization (M Cap) for Q1 2019, with Microsoft and Apple both taking the lion’s share.
Medical imaging equipment market poised for growth
The market was valued at US$30 million in 2017, and the value will increment at a CAGR of 4.6% up to 2025.
Chinese smartphone brands are set to overthrow Samsung
"Top Chinese mobile phone manufacturers boosted their sales across emerging markets in the third quarter of 2018.”
Taiwan cybersecurity industry empowered by innovation
Taiwan’s cybersecurity industry is now worth more than US$1.26 billion, but what’s driving the innovation behind it?
IDC says global IoT spending to hit $1.2 trillion in 2022
The findings come from the Analyst's worldwide IoT spending guide, which forecasts IoT spending for 14 technologies across 20 vertical industries.
Gartner: global server market revenues still growing strongly
Revenue increased by 33.4% and shipments grew by 17.3% year over year for Q1 2018.
IDC: UTM driving steady gains in the security appliance market
Cisco remains the top performing security appliance vendor by revenue, with $533 million in Q12018.,
Stability on the horizon for the global PC and tablet market, according to Canalys
The industry analyst says the market will experience its smallest decline in four years.
IDC Report: services market booming as organisations prioritise digital transformation
Year-over-year growth was around 4%, which slightly outpaced the worldwide GDP growth rate.
DCIM market to be worth $3 billion by 2024
The high penetration of the DCIM market is strongly aided by the increase in environmental and data security regulations.
Gartner: global IT spending to experience highest growth since 2007
Locally, Australian tech spending is forecast to grow 2.3% to reach A$84.5 billion in 2018, with NZ to reach NZ$12 billion.
Gartner: worldwide device shipments to return to growth in 2018
Growth in end-user device spending is set to drive an overall bump in the total market for 2018, the analyst says.