Market analyst stories

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.More

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%.More

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%.More

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.More

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

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

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. More

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. More

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. More

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.More

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.More

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.More

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

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

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

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

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

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

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

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

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

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.More

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

The analyst also forecasts that cognitive and AI spending will grow to $52.2 billion in 2021.More