Market News

NEEDHAM, MA – The worldwide market for smart home devices grew 10.3% year-over-year in the third quarter, with more than 221.8 million device shipments, according to the International Data Corp.

Read more: Q3 Worldwide Smart Home Devices Market Grew 10%

NEEDHAM, MA – Global shipments for wearables grew 9.9% during the third quarter, reaching 138.4 million units, according to International Data Corp.

Read more: Q3 Wearables Shipments Up 10% in Q3

NEEDHAM, MA – With 2021 nearing a close, global shipments of traditional PCs are forecast to reach 344.7 million units, according to International Data Corp. While annual shipments are expected to grow 13.5% during the year, shipments during the holiday quarter are expected to decline 3.4% as supply chain constraints and backups and cost increases around logistics continue to be a burden on getting products into many channels.

Read more: Global Q4 PC Shipments to Decline Over 3%

NEEDHAM, MA – Smartphone shipments will grow 5.3% year-over-year in 2021, reaching 1.35 billion, according to the International Data Corp. However, due to the lower than expected third quarter and the continued component shortages and logistical challenges, which may not improve until mid-2022, IDC has lowered its growth forecast for 2021 and 2022 from 7.4% and 3.4% to 5.3% and 3%, respectively.

Read more: Smartphone Shipments to Grow 5% in 2021

MILPITAS, CA – Global semiconductor equipment billings increased 38% year-over-year to $26.8 billion in the third quarter, growth of 8% sequentially, said SEMI.

Read more: Q3 Global Semi Equipment Billings Up 38%

NEW YORK – Worldwide trends in technology, media and telecommunications are being driven by the global pandemic's economic and societal shifts, resulting in an increasingly connected and multi-device world, fueling the world's need for more chips, growth in connectivity, and entertainment options, according to a new report from Deloitte.

Read more: Deloitte’s 2022 Predictions: Global Tech Trends Driven by Pandemic, Supply Chain Woes

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