NEEDHAM, MA – Worldwide shipments of wearable devices reached 153.5 million in the fourth quarter, a year-over-year increase of 27.2%, according to International Data Corp.
NEEDHAM, MA – Vendor revenue in the worldwide server market grew 1.5% year-over-year to $25.8 billion during the fourth quarter. Worldwide server shipments declined 3% year-over-year to nearly 3.3 million units, according to International Data Corp.
NEEDHAM, MA – PC shipment volumes grew 12.9% in 2020, says International Data Corp. This momentum is expected to carry forward into 2021. IDC forecasts 18.2% growth for the traditional PC market, with shipments reaching 357.4 million this year. IDC's outlook remains stronger than historical levels with a CAGR of 2.5% for the 2020-2025 forecast period.
NEEDHAM, MA – Smartphone shipments are forecast to grow 13.9% year-over-year in the first quarter and 5.5% for the full year 2021, according to International Data Corp. This growth will be driven by continued recovery in demand and a supply-side push of 5G devices. IDC expects the global smartphone market to deliver a CAGR of 3.6% over the 2020-2025 forecast period.
LISLE, IL – According to a recent Molex survey of telecom carriers, 99% say end users will benefit from 5G within five years.
OTTAWA – The global automotive electronics market will reach hit around $640.6 billion by 2030, growing at a 10-year compound average rate of 7.64%, according to new study by Precedence Research. Automotive electronics sales comprised nearly $256 billion in 2020, the market researchers said, boosted by demand for electric vehicles and their high electronics content.