Market analyst stories

"Despite the traditional low-demand season in the first quarter, both quantity and price increased as demand continued to be solid across all applications.">>

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.>>

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%.>>

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%.>>

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.>>

Network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709 million in 2024, according to GlobalData.>>

ABI Research says that the revenue drop will not last long, with revenues expected to return to normal by 2023.>>

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. >>

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 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. >>

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.>>

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.>>

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.>>

The market was valued at US$30 million in 2017, and the value will increment at a CAGR of 4.6% up to 2025.>>

"Top Chinese mobile phone manufacturers boosted their sales across emerging markets in the third quarter of 2018.”>>

Taiwan’s cybersecurity industry is now worth more than US$1.26 billion, but what’s driving the innovation behind it?>>

The findings come from the Analyst's worldwide IoT spending guide, which forecasts IoT spending for 14 technologies across 20 vertical industries.>>

Revenue increased by 33.4% and shipments grew by 17.3% year over year for Q1 2018.>>

Cisco remains the top performing security appliance vendor by revenue, with $533 million in Q12018.,>>

The industry analyst says the market will experience its smallest decline in four years.>>

Year-over-year growth was around 4%, which slightly outpaced the worldwide GDP growth rate.>>

The high penetration of the DCIM market is strongly aided by the increase in environmental and data security regulations.>>

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.>>

Growth in end-user device spending is set to drive an overall bump in the total market for 2018, the analyst says.>>