Enterprise generative AI spending will experience blistering compound annual growth of 73% between now and 2027, according to IDC. Spending in 2027 will reach $143 billion up from $16 billion in 2023.
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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.
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 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.
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.
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.
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.
IDC says global PC shipments went down 29 percent in Q1 2023 compared to the same quarter a year ago, while Canalys claims the number was even worse, going down 33 percent in the quarter.
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.
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%.
Shipments of gaming PCs and gaming monitors could be slow this year according to IDC. It comes following 2022 when shipments of these products contracted for the first time since 2016.
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.
Global smartphone shipments have shrunk in the fourth quarter of 2022, according to marketing intelligence firm IDC. The total smartphone shipment in 2022 is also the lowest since 2013.
Global PC shipments have continued to decline, according to market intelligence firm IDC. Despite this, the company reports that the shipments in 4Q22 were well above pre-pandemic levels.
IDC has said used and refurbished phones grew to 282.6 million in 2022, that's several tens of millions higher than in 2021. In the coming years, it expects demand for second-hand phones to rise more.
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.
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.
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.
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.
China could catch up with industry leaders in semiconductor technology in around 10 years, according to an analyst from IDC. The country can currently produce 14- to 16-nanometre chips.
The analyst firm IDC has said that smartwatches have begun to displace wristbands as the price gap between the two products closes. Customers want smartwatches as they are more capable devices.
IDC says spending on quantum computing will rise from $412 million in 2020 to $8.6 billion in 2027. Peter Rutten from IDC even went as far as to say that classical computing will run out of steam.
IDC has reported a 12.4% increase in smart home units in Europe in 4Q2020 compared to the same period in 2019. The firm expects the continent to have 210 million smart home units by 2025.
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.
IDC data has shown that people turned to purchase wearables as their disposable income rose due to the closure of most retail outlets because of coronavirus. The market grew by 28.4% compared to 2019.
IDC has released its quarterly report on the state of the smartphone market, showcasing overall growth for the industry, with Huawei's sanctions making way for other manufacturers to grow.