Market News

AUSTIN, TX – A major market trend in wearable electronics is the shift to smartwatches, which have surpassed shipment numbers for wristbands, says TechSearch International.

Read more: Report: Wearable Market Trends Toward Smartwatches

TOKYO – Worldwide sales of new semiconductor manufacturing equipment are projected to increase 9.7% to $62.1 billion in 2018, a new record. The equipment market is expected to contract 4% percent in 2019 but grow 20.7% to reach $71.9 billion in 2020, an all-time high, says SEMI.

Read more: SEMI: Global Semi Manufacturing Equipment Sales to Increase 10% in 2018

FRAMINGHAM, MA – Worldwide enterprise storage systems vendor revenue increased 19.4% year-over-year to $14 billion during the third quarter, says International Data Corp. Total capacity shipments were up 57.3% year-over-year to 113.9EB.

Read more: Global Enterprise Storage System Vendor Revenue Up 19% in Q3

HAMPSHIRE, UK – An estimated 417 million hearables will be in use by 2022, says Juniper Research, including fitness-focused devices, hearing augmentation and audio-focused devices.

Read more: Report: More than 50% of All Wireless Headphones Will Incorporate Hearable Tech by 2022

FRAMINGHAM, MA – The combined augmented reality (AR)/virtual reality (VR) headset market grew 9.4% year-over-year in the third quarter, according to International Data Corp.

Read more: Q3 AR/VR Headset Market Up More than 9%

FRAMINGHAM, MA – Worldwide spending on robotics systems and drones will total $115.7 billion in 2019, up 17.6% over 2018, says International Data Corp. By 2022, IDC expects this spending will reach $210.3 billion, with a compound annual growth rate of 20.2%.

Read more: Global Spending on Robotics, Drones to Grow 18% in 2019

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