BOSTON – Global virtual reality headset revenues will reach $895 million in 2016, with 77% of that value accounted for by newly launched premium devices from Oculus, HTC and Sony, says Strategy Analytics.

Read more: Report: Oculus, HTC, Sony to Dominate Global VR Headset Revenue in 2016

STAMFORD, CT – Worldwide IT spending is forecast to total $3.49 trillion in 2016, down 0.5% over 2015, says Gartner. The forecast is down from the research firm's previous outlook of 0.5% growth, published last quarter.

Read more: Gartner Lowers Global IT Spending Forecast

LYON, France – The share of electric cars (EV) and their hybrid cousins (HEV) made up 30% of the overall power module market in 2015, a share that will grow to almost 50% by 2021.

Read more: Electric Vehicles Add Charge to Power Module Market

STAMFORD, CT – Worldwide semiconductor wafer-level manufacturing equipment revenue totaled $33.6 billion in 2015, down 1% from 2014, says Gartner. The top 10 vendors accounted for 77% of the market, down from 78% in 2014.

Read more: Global Semi Wafer-Level Manufacturing Equipment Revenue Down 1% in 2015