Travel eSIM Users to Grow 440 Percent Over the Next 5 Years
According to a new study from Juniper Research, the global number of travel eSIM users will grow from 40 million in 2024 to over 215 million by 2028.
The worldwide hardcopy peripherals market expanded for the fourth quarter in a row in the second quarter of 2021, according to IDC. Shipments grew 13.4% year over year to nearly 22.9 million units. Shipment value also increased during the quarter with year-over-year growth of 31.2% to $10.2 billion signaling the return to office.
Inkjet vendors continued to record high shipments to cater to ongoing demand and to fill order backlogs. The Laser market also saw year-over-year growth, another sign that the return to office is underway. Seven out of nine regional markets witnessed year-over-year expansion in unit shipments. Similar to last quarter, the common theme for this quarter is that growth was driven by increased demand for low-end devices.
HP and Epson grew 11.7% and 57.1% year over year, respectively while Canon declined 5.9% due to semiconductor shortages and stock issues. As with Canon, Brother also experienced significant challenges regarding production and stock availability causing it to contract 4.9% year over year. Lenovo lost 17.9% compared with the same period last year.
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Retail Giants to Accelerate Adoption of Smart POS
Juniper Research forecasts that the value of global POS (Point-of-Sale) terminal transactions will reach $17 trillion by the end of 2024, and grow by 25% by 2028.
Spending on Shared Cloud Leads Infrastructure Investments
According to an IDC study, spending on computing and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 18.5% year over year in the fourth quarter of 2023 to $31.8 billion.
