Market News

HAMPSHIRE, UK – Driven by smart security, automation revenues will exceed $57 million by 2024, up 217% compared to 2019, says Juniper Research.

Read more: Report: Automation Revenues to Grow 217% to $57M by 2024

LONDON – More than 20 billion Wi-Fi devices are forecast to ship between 2019 and 2024, according to ABI Research. Continued growth in traditional markets, alongside traction in mesh networking systems, smart home, automotive, and IoT applications will drive the Wi-Fi market forward to nearly 4 billion annual device shipments by 2024.  

Read more: Wi-Fi to Top 20B Device Shipments through 2024

TAOYUAN CITY, TAIWAN – Sales by Taiwanese printed circuit board fabricators fell 3.4% year-over-year in the first quarter, says the Taiwan Printed Circuit Association (TPCA). Total sales reached about $4.4 billion in the period, the association added.

Read more: Q1 Taiwan PCB Industry Down 3%

MILPITAS, CA — Global fab equipment spending will rebound in 2020, growing 20% to $58.4 billion after dropping 19% to $48.4 billion in 2019, according to SEMI.

Read more: Global Semi Fab Equipment Spending to Grow 20% in 2020

FRAMINGHAM, MA – Vendor revenue in the worldwide enterprise storage systems market decreased 0.6% year-over-year in the first quarter, IDC said.

Read more: Enterprise Storage Systems Shipments Rise, Revenues Decline

WASHINGTON — The 90-day moving average sales of semiconductors worldwide fell 14.6% in April, the Semiconductor Industry Association (SIA) said.

Read more: Semi Sales Down in April, Will Taper through Year

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