Market analyst news stories

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.

GfK has launched gfknewron, an integrated, AI-powered software platform allowing companies to access market, consumer and brand data from a single source.

IDC states that although COVID-19 drastically impacted 2020 shipments, 2021 shipments have managed to display minimal growth compared to 2019 (pre-pandemic) volumes.

"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.