Wearable shipments grew in the second quarter following two quarters of decline. Smartwatches saw the most year-over-year growth during the second quarter but hearables had the highest market share.
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The analyst company IDC has forecast that gaming PC shipments will decline in 2023 while gaming monitors will grow. Things are expected to improve for gaming PCs in the coming years, however.
Gartner has predicted that electric vehicle prices will reach parity with ICE vehicles by 2027. With prices expected to be similar to ICE vehicles, the adoption of electric vehicles could pick up.
IDC has released a report that shows a further decline in PC shipments, which is in line with the expectations at the beginning of the year. However, the company hopes to see an improvement next year.
IDC has lowered its quantum computer spending forecasts. It now says spending will reach $7.6 billion in 2027. In a previous analysis in 2021, it stated that spending would hit $8.6 billion.
Generative AI is at the Peak of Inflated Expectations on Gartner's Hype Cycle. According to the company, it is heading for the Trough of Disillusionment next before plateauing in two to five years.
Microsoft Azure managed to grow 26% during the second quarter year-over-year. At that growth rate, it did better than Amazon Web Services but was behind Google Cloud which grew by 31%.
Tablets fell sharply in the second quarter year-over-year while Chromebooks were pretty flat. The position of Chromebooks was described as resilient given the current market conditions.
The analyst company Gartner has predicted that IT spending will increase by 4.3% this year, buoyed by enterprise IT spending. The consumer device segment will decline because of inflation.
Canalys says that the smartphone market is finally showing signs of an early recovery. Shipments have declined every quarter starting in the first quarter of 2022 but now there are recovery signs.
Global PC shipments only declined by 11.5% year-over-year in the second quarter compared to the two prior quarters where shipments fell by more than 30% each quarter. This could lead to a recovery.
Microsoft saw the most public cloud services revenue in 2022, according to the analyst IDC. It said that Microsoft held 16.8% of the market share compared to AWS' 13.5% market share.
IDC has revealed that cloud computing infrastructure spending rose during the first quarter despite the fact that cloud infrastructure unit demand was down by 11.4%. It put this down to inflation.
The analyst company IDC has predicted that spending on IoT will surpass one trillion dollars in 2026. It said the market will have a 10.4% compound annual growth rate between now and 2027.
Microsoft has seen a 32% increase in revenue in its cybersecurity business in the first quarter year-over-year, according to Canalys. It was in the top three companies examined in terms of growth.
PC shipments fell in Western Europe by 37% in Q1 but Canalys believes things could start to turn around in the remainder of the year and into 2024 as people finally start thinking about PC upgrades.
The PC market in the United States has bottomed out, according to Canalys. The analyst company said that it expects to see some sort of recovery take place in the fourth quarter of this year.
The 4K TV market is expected to see a compound annual growth rate of 19.19% between 2022 and 2027, according to a new report. Issues will affect the sector, however, including a lack of 4K content.
Smartphone shipments globally have declined 14.6% in the first quarter year-over-year. IDC said inventory is still pretty full but good work is being done to help sell these devices to customers.
Semiconductor revenues are expected to fall by 11% this year down to $532 billion. It comes as business demand for electronics has weakened due to the worsening economic conditions.
IDC has revised worldwide IT spending growth for the fifth consecutive month. It now expects growth of 4.4%, down from 4.5% last month and 6% last October, due to inflation and higher interest rates.
The analyst company Canalys believes that Western Europe's PC market has bottomed out in terms of declines. Further declines are expected this year, but won't be as steep as the one in Q1'23.
IDC is saying that wearable device shipments will return to growth this year following their first contraction in 2022. It'll be interesting to see if this holds up given the state of the economy.
IDC has forecasted that VR and AR headsets will experience lower growth in 2023 than previously expected. Through 2027, however, the sector is expected to see 32.6% growth each year.
IDC has said that monitor shipments in the fourth quarter of 2022 were at their lowest level since 2008 when the company first began tracking them. A slight recovery is expected to start in 2024.
Cyberattacks and other factors will help to push up security spending this year by 12.1% to $219 billion, according to a forecast by IDC. The spending includes investments in hardware and software.
IDC is forecasting a 26.9% rise in AI spending in 2023. It has projected out until 2026 too and believes that the spending will rise from $154 billion in 2023 to more than $300 billion in 2026.
IDC has said that worldwide PC shipments will decline by 4.2% this year. It said shipments in 2022 started off well but deteriorated by the end of the year. It expects a recovery in 2024 and 2025.
The analyst firm IDC has revised its estimates of global smartphone shipment growth this year from +2.8% to -1.1%. A recovery will now not take place until 2024. It also expects prices to fall.
Gartner has downgraded its semiconductor revenue growth estimate for next year. The analyst has earlier predicted higher growth, but now revenue will fall by 3.6% in the coming year.
The analyst firm IDC has found that tablet and Chromebook sales have continued falling in the third quarter. It's partly to do with lessening demand following lockdowns, but also due to a bad economy.
IDC has predicted that foldable phone sales will more than quadruple by 2026 compared to 2021. Despite this, the analyst firm said that it doesn't expect them to become mainstream devices by then.
The analyst firm IDC has said it expects augmented reality to really take off around the middle of the decade. This year, the sector is expected to see a year-over-year decline of 8.7%.
The analyst firm IDC predicts a gloomy year for wearables for the remainder of 2022. Things will start to look up again in 2023 with all wearables segments, except wristbands, due to return to growth.
IDC has forecasted that we'll see PC and tablet sales fall until 2024. In part, this will be due to the economic turbulence. Another factor is that people have bought these items during the pandemic.
Canalys has reported that PC sales declined during the second quarter due to supply chain issues in China and lower demand from customers. The higher cost of living could see sales stay lower.
IDC says tablets saw flat growth year-over-year in the second quarter, while Chromebook shipments declined over 50% as demand lessens. Lenovo was the biggest loser in tablets and HP in Chromebooks.
Gartner has revealed that semiconductor revenues won't be as good in 2022 as anticipated during the last quarter. Early figures for 2023 also reveal the sector will see contraction.
The analyst firm, IDC, has reported that PC sales have declined for the second consecutive quarter due to macroeconomic issues. Despite this, sales are still way up against pre-pandemic levels.
IDC believes PC shipments will decline by 8.2% this year before picking up in 2023. It says inflation, war, and lockdowns are the main causes of the decline. Tablets shipments will slump too.