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.
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.
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 is predicting foldable smartphone shipments will increase by more than 50% this year compared to 2022. It said between 2022 and 2027, it expects to see a compound annual growth rate of 27.6%.
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.
Following disappointing pre-order figures for its expensive PlayStation VR2 headset, Sony has reportedly cut initial shipment forecasts by almost 50%. The new hardware costs more than a PS5.
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.
IDC has revealed that smart home device shipments worldwide increased by 11.7% in 2021. It expects the market to grow a lot bigger by 2026 as the sector matures and people get more reliable broadband.
IDC's data has revealed that PC monitors saw their biggest growth ever in 2020 due to the shift to home learning and working. The market also saw its best fourth quarter since 2011.
TrendForce has warned of a 3-8% price increase for solid-state drives in the second quarter. It originally expected the price to remain steady but several production issues have cropped up.
The analyst firm Gartner has said that it expects IT spending by governments to increase by 5.1% this year as they invest more in devices and telecoms to let employees get work done from home.
5G smartphones will account for 35% of all smartphone sold in 2021 according to the analyst firm Gartner. In China, it's expected that 59.5% of smartphones will be equipped with 5G this year.
The analyst firm TrendForce has announced that the LiDAR market's revenue will jump from $682 million in 2020 to $2.9 billion in 2025 as more autonomous vehicles and ADAS-equipped vehicles are made.
TrendForce has revealed that the global foundry market is expected to have its best year of the last ten years in 2020 thanks to a number of factors including the pandemic which has boosted demand.
IDC has predicted that smartphones will grow year-over-year in 4Q20 after the market performed stronger than expected during 3Q20. The sales will be largely driven by consumer interest in 5G.
The analyst firm, TrendForce, has predicted a growth in MacBook Sales this year and for sales records to be broken in 2021. The reason for the expected growth is Apple's new M1 processor.
Facebook has launched Forecast, its crowd-sourced predictions platform, for all users in the U.S. and Canada after kicking off its beta testing in June. It's available on the web and as an iOS app.
IDC has revealed that gaming computers and monitor sales have benefited from the coronavirus as people look for things to do while under lockdown. It said the gaming market will grow further by 2024.
IDC has said that smart home devices will remain strong this year despite the coronavirus' effects on the economies of the world. In 2024, IDC expects 1.4 billion smart home device shipments.
IDC has forecasted that the U.S. could see a rapid increase in the number of information mobile workers and that this segment of society will also drive higher the number of people working from home.
Gartner has forecasted that worldwide 5G infrastructure spend will almost double compared to last year. It said Greater China (China, Taiwan, Hong Kong) would lead on 5G adoption in the short term.
Huawei has cut its Indian revenue target by roughly 50%. Additionally, the firm will lay off 60-70% of its staff in the country, excluding those in research and development and Global Service Centre.
IDC has forecasted that ICT spending this year will reach $4.3 trillion. It said that the current political landscape and a slow economy are reasons for the figure not being even higher.
IDC has published a new report which looks at robotics and drone spending over the coming year. It expects spending to reach $128.7 billion this year, representing a 17.1% increase over 2019.
A new forecast by Gartner suggests that decision support by artificial intelligence will give businesses a big boost in the next six years. It'll become the most valuable use of AI for businesses.
Market analyst firm Canalys has released its forecast for worldwide shipments of 5G smartphones. In 2023, 5G handsets are expected to account for more than half of all smartphone shipments.
IDC has released a new forecast that suggests spending on IoT will reach $1.1 trillion, globally, in 2023. This will be driven by sales to consumer, manufacturing, and transport sectors.
Apple analyst Ming-Chi Kuo predicts the rumored OLED iPhone X Plus will cost $900-$1,000, the 2018 OLED iPhone X will be $800-$900, and the fresh 6.1-inch LCD iPhone will retail for $600-$700.
The iPhone X has not been selling as well as Apple expected. In fact, a report recently said the company will reduce its Q1 2018 sales forecast. At least one analyst feels those are still too high.
After facing a record low year-over-year growth of 2.5% in 2016, IDC is predicting a rebound in smartphone sales with 3.8% expected growth for the next five years. In 2017, the growth will be 4.2%.
Facebook has integrated a new weather-centric section in its popular social platform. The company states that 95% of the global population can already access the feature on desktop and mobile.
Zenith has published a new forecast which says that we can expect ad expenditure in social media to overtake the amount spent on ads in newspapers. By 2019, adspend in social media will hit $50bn.
The latest forecast report from the market research firm says that virtual reality hardware is going to generate a lot of revenues this year, and will continue to grow for the next five years.
The research firm predicts a bit of a change in consumer preference when it comes to portable PCs, as Windows 10 devices have changed the perception on the value of 2-in-1's.
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