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Market analyst news stories

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Enterprise Storage
External OEM storage revenue hits $6.9 billion for enterprise market
Revenue generated by the group of ODMs selling directly to hyperscale data centres declined by 7.7% year over year in 2Q21 to $6.4 billion, while capacity shipped grew 13.8% year over year to 88.7 exabytes.
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Business Intelligence / BI
Gfk's new AI platform combines market, consumer and brand analytics in a single source
GfK has launched gfknewron, an integrated, AI-powered software platform allowing companies to access market, consumer and brand data from a single source.
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IDC
Smartphone shipments on the rise, thanks to 5G
IDC states that although COVID-19 drastically impacted 2020 shipments, 2021 shipments have managed to display minimal growth compared to 2019 (pre-pandemic) volumes.
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Trends
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."
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Gartner
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.
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Apple
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%.
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Frost & Sullivan
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%.
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Artificial Intelligence
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.
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Network Access Control / NAC
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.
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Blockchain
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.
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Smartphone
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.
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Smartphone
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.
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Cloud
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.
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Artificial Intelligence
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.
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APAC
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.
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GlobalData
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.
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Science
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.
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Smartphone
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.”
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Frost & Sullivan
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?
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Internet of Things
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.
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Servers
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.
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Cisco
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.,
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Gaming
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.
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Outsourcing
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.