by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
Global semiconductor revenue is projected to grow 16,8% in 2024 to total $624-billion, according to the latest forecast from Gartner. In 2023, the market is forecast to decline 10,9% and reach $534-billion. “We are at the end of 2023 and strong demand for chips to...
by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
Worldwide IT spending is expected to total $5-trillion in 2024, an increase of 6,8% from 2023, according to the latest forecast by Gartner. This is down from the previous quarter’s forecast of 8% growth. While generative AI (GenAI) had significant hype in 2023, it...
by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
Global shipments for wearable devices returned to growth in the second quarter of 2023 (2Q23) reversing two quarters of decline, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The market grew 8,5% year...
by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
Newly-released data from IDC’s Worldwide Quarterly Mobile Phone Tracker shows that Africa’s smartphone market saw shipments grow 7,6% year on year (YoY) in Q2 2023 to total 19,6-million units. This growth follows seven quarters of continuous YoY decline....
by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
While users increasingly rely on their mobile devices to share personal data and connect to corporate networks, the number of mobile threat detections particularly in the Middle East, Turkiye, and Africa region increased by 5% in Q2 2023 compared to Q2 2022. This is...
by Kathy Gibson | Jan 19, 2024 | Trends and Analysis
The global app industry has grown tremendously over the years as people spend more on mobile apps than ever. In 2023, consumers worldwide are expected to spend $236-billion on paid apps and in-app purchases and make 262 billion downloads, the highest figures in the...
