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Tag Archives: IDC

2024 wearables set for 10.5% growth y-o-y

Apple iWatch

Q4 saw the market for devices used in wearables fall 0.9% y-o-y in the fourth quarter of 2023 (4Q23). The US, Europe and Japan markets fell but shipments grew 1.7% in Asia/Pacific and in China largely due to strong interest in emerging markets. Hearables declined 0.8% year over year for the full year while capturing 61.3% of the overall wearables ...

PCs to grow 2% in 2024 propelled by AI PCs

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PC shipments will grow 2% this year to 265.4 million units, says IDC, propelled by the introduction of AI PCs, which will drive the market at a 2.4% CAGRto 292.2 million units in 2028. Growth is expected to slowly ramp up over the year along with the availability of AI PCs, which will coincide with the beginning of a commercial ...

Tablet decline

ICD Ultra LTE tablet

Q4 tablet shipments  fell 17.4% y-o-y  to 36.8 million units, says IDC  – the largest decline in Q4 tablet shipments since 2016. For  2023,  tablet shipments totaled 128.5 million units, a decline of 20.5% compared to 2022 and the lowest annual volume since 2011. Apple retained its top spot in the tablet market, despite a notable decline in shipments for ...

Telecom, pay TV revenues growing but RAN revenues flat for a decade

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Worldwide spending on telecommunication and pay TV services will reach $1.55 trillion in 2023, an increase of 3.0% over 2022, according to IDC with inflation being the primary driver. The geographic regions seeing above-average forecast revisions are the Middle East and Africa (MEA) and Latin America. This is mainly a consequence of hyperinflation happening in countries such as Turkey, Uganda, ...

OSAT market set to fall 13.3% in 2023

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The OSAT (outsourced semiconductor assembly and testing) industry grew 5.1% in 2022 to reach $44.5 billion, says IDC, driven by applications such as AI, HPC, 5G, automotive, and IoT. Among the worldwide top 10 OSAT vendors, there are six in Taiwan, three in China, and one in the US, with a total market share of 80.1%. Vendors in Taiwan include ...

Wearables have record Q4

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The worldwide wearables market hit a new record high in Q4 as shipments reached 171 million units, up 10.8% from Q420, according to IDC. New products and continued demand for health and fitness tracking products along with hearables helped the market maintain its momentum. Shipments for the full year 2021 totaled 533.6 million units, an increase of 20.0% over 2020. ...

Semi market to grow 17.3% this year, says IDC

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IDC expects the semiconductor market to grow by 17.3% this year after a 10.8% rise last year. The industry will see normalisation and balance by the middle of 2022, says IDC, with a potential for overcapacity in 2023 as larger scale capacity expansions begin to come online towards the end of 2022. Growth is driven by mobile phones, notebooks, servers, ...

Chip market to top $500bn

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Semiconductor revenues grew 10.8% last year reaching $464 billion, says IDC, and will grow 12.5% this year to reach $522 billion. PCs and servers grew 17.3% year over year to $160 billion in 2020. “Mobile phone shipments fell by more than ten percent in 2020, but mobile phone semiconductor revenues grew by 9.1% due to a shift to higher priced ...