The decline of the worldwide tablet market is set to continue for the remainder of 2016 as year-over-year growth reaches an all-time low of -11.5% and shipments of 183.4 million units, according to forecast data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. Positive growth is set to return in 2018 and continue through 2020 with shipments reaching 194.2 million tablets as detachable tablets continue to steal share from traditional PCs.
Worldwide spending on augmented reality and virtual reality (AR/VR) will grow from $5.2 billion in 2016 to more than $162 billion in 2020. This represents a compound annual growth rate (CAGR) of 181.3% over the 2015-2020 forecast period, according to a new study by IDC.
Juniper Research revealed 25 of the world’s most exciting disruptive tech innovators, whose offerings have the power to transform how we interact with technology and the world at large. “Technology is becoming an integral part of many people’s lives across the globe,” remarked research co-author James Moar.