The number of insurance telematics policies in force on the European market reached 6.8 million in 4Q16, according to analysts from Berg Insights. Growing at a compound annual growth rate (CAGR) of 34.8 percent, this number is expected to reach 30.0 million by 2021.
eMarketer’s latest forecast of programmatic ad spending indicates that, despite recent negative press, the UK remains a market leader in programmatic, and strong growth will continue over the next few years.
New data from Juniper Research has found that SVOD (Subscription Video on Demand) services, provided by the likes of Netflix and Amazon, will drive a surge in OTT revenues to reach $120 billion in 2022, up from $64 billion in 2017. The research also found that over a quarter of global households will subscribe to SVOD services by 2022.
A new report by Juniper Research found that revenues from smart audio devices like the Amazon Echo and Sonos One will grow from an estimated $2.5 billion in 2017 to over $10 billion by 2022, as more audio brands integrate voice assistants into their devices.
A new forecast from IDC estimates that the worldwide virtual CPE infrastructure market, hardware and software, will exceed $3 billion by 2021. IDC forecasts the virtual CPE software market to grow from $145.7 million in 2016 to $2 billion in 2021 at a compound annual growth rate (CAGR) of 68.3%.
Internet user penetration worldwide is on pace to match eMarketer’s earlier estimates for the year. In 2017, nearly 47% of people around the globe will go online at least once a month, either via desktop/laptop or mobile device.
US consumers are spending more time with their digital devices than ever before, and that holds true while they’re already watching something else. eMarketer estimates 177.7 million adults will regularly use a second-screen device while watching TV this year, an increase of 5.1% vs. 2016.
The worldwide Ethernet switch market recorded $6.75 billion in revenue in the third quarter of 2017 (3Q17), an increase of 7.4% year over year, acording to IDC. Meanwhile, the worldwide total enterprise and service provider (SP) router market recorded $3.91 billion in revenue in 3Q17, increasing strong 9.4% on a year-over-year basis.
Global sales of smartphones to end users totaled 383 million units in the third quarter of 2017, a 3 percent increase over the same period in 2016, according to Gartner. All of the top five vendors achieved double-digit growth apart from Apple, which achieved a 5.7 percent increase.
The worldwide hardcopy peripherals market grew 1.0% year over year in the third quarter of 2017 (3Q17) with shipments reaching nearly 25.3 million units, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker. Inkjet units experienced 4.0% year-over-year growth while the laser market saw a decline of 1.2% compared to the same quarter in 2016. Shipment value declined 4.9% year over year to almost $13 billion.
The installed base of wireless IoT devices in agricultural production worldwide reached 17.0 million connections in 2016, according to a new research report from the M2M/IoT analyst firm Berg Insight. The number of wireless connections is forecasted to grow at compound annual growth rate of 10.0 percent to reach 27.4 million in 2021.
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $17.8 billion in 2018, an increase of nearly 95% over the $9.1 billion, IDC expects will be spent this year. A new update to IDC's Worldwide Semiannual Augmented and Virtual Reality Spending Guide also shows that worldwide spending on AR/VR products and services will continue to grow at a similar rate throughout the remainder of the 2017-2021 forecast period, achieving a five-year compound annual growth rate (CAGR) of 98.8%.
Overall smartphone shipments will steadily grow from 1.5 billion units in 2017 to 1.7 billion units in 2021. Meanwhile, phablets (smartphones with a screen size of 5.5 inches to <7 inches) will far outpace total market growth by climbing from 611 million units in 2017 to 1 billion units in 2021, representing a five-year compound annual growth rate (CAGR) of 18.1%, according to new IDC report.
According to the latest forecast from IDC, global shipments of personal computing devices (PCDs), composed of traditional PCs (desktop, notebooks and workstations) and tablets (slate, detachable), are expected to decline 2.7% year over year in 2017.
The latest study from Juniper Research found there will be more than 285 million ear-based wearables or ‘hearables’ used in 2022, a nearly sevenfold increase over the 43 million expected to be in use by the end of 2017.
Software-defined storage (SDS) is one of several new technologies that are rapidly penetrating the IT infrastructure of enterprises and cloud service providers. It is gaining traction because it meets the demands of the next-generation datacenter much better than legacy storage infrastructure.
Digital disruptors are emerging in all industries, and the need for CIOs to embrace digital transformation is urgent, according to Gartner. In fact, once digital revenue for a sector hits 20 percent of total revenue, digital transformation can’t be stopped.
According to research by IDC, the Western European printer and multifunction (MFP) market decreased by 3.2% in unit terms in 3Q17 compared with the same period a year ago. There were negative sales performances in both inkjet and laser markets for units, and value for the laser market was down too.