Market research stories - Page 11

IDTechEx has released research that looks at the growth of the wearables market and the growing innovation in health and medical technologies.

While the global SD-WAN market grew by 24% in 1Q20, this marks a significant slowdown from 2019's 64% growth, says Dell'Oro Group.

All industry verticals will eventually be impacted to some degree, says F&S, but four areas are likely to see the biggest changes.

Australia's IT spending is projected to decline by 6% in 2020 due to COVID-19, equating to a reduction of approximately AUD $8.8 billion, per Gartner.

IT spending to decline 5.1% to $2.25tn this year due to COVID-19 impact, but IT infrastructure spending to grow 4%, says IDC.

The semiconductor market, battered by trade disputes and COVID-19, sees no recovery in sight. IDC predicts a 4.2% decline in 2020 revenue.

Futuresource Consulting predicts that the LCD panel market may not recover for some time due to a lack of demand for professional products.

Acquisition may be inevitable for smaller vendors of meeting room control vendors as remote working becomes the new norm, according to Futuresource.

Analyst firm GlobalData says that revenue across APAC will grow to US$29.3 billion by the same year, driven by growing government acceptance.

The 12.4% year-over-year growth in 4Q19 brought the full year into positive territory with annual growth of 2.1% and total spending of $66.8 billion.

Versa Networks has been named the top Secure SD-WAN vendor by Dell'Oro Group's report, leading among pure-play vendors amidst a booming USD $1 billion market.

The COVID-19 pandemic has hit the IT economy hard and IDC says that pessimistic scenarios are now playing out – and may get worse.

AR and VR headsets will see shipments decline in the near term due to COVID-19, but the long-term outlook is positive, according to IDC.

IDC report analyses a range of factors that will affect the semiconductor market this year and presents the most likely scenario.

After AWS and Azure, Alibaba Cloud is the third biggest public cloud provider in the market and is showing no sign of slowing down.

Depending on how the economic factors around COVID-19 play out, a pessimistic scenario would see spending growth nowhere near the 4.3% expected.

Technologies such as mHealth, telehealth, and wearable devices to help pregnancy care, fertility, and menstrual care treatments while reducing costs.

The biggest increase in the use of data visualisation tools is expected to be in academia and research, financial services and healthcare.

The disruption to the manufacturing centres in China will cause a huge dip in the growth of the global smartphone market for 2020.

Organisations are increasingly looking for support outside OEMs to keep legacy infrastructure running and escape the sales pressure of vendors.