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Worldwide spend on cloud systems to pass USD 1 trillion in 2024 - IDC

2020-10-15 16:14:00| Telecompaper Headlines

(Telecompaper) Worldwide spend on cloud systems is expected to pass USD 1 trillion in 2024, accelerated by cloud adoption amid the coronavirus pandemic, according to the latest study from IDC, which forecasts a five-year CAGR of 15.7 percent. The research took into account cloud services, the hardware and software components underpinning cloud services, and the professional managed services around cloud services.

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Global smartphone shipments down 11.7% in Q1 on Covid-19 impact - IDC

2020-05-01 15:24:00| Telecompaper Headlines

(Telecompaper) Global smartphone shipments fell by 11.7 percent year-on-year in Q1 2020 to 275.8 million units, according to IDC. This largest ever year-on-year decline was due to the Covid-19 crisis.

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European smartphone market to contract by over a quarter this year - IDC

2020-04-16 10:28:00| Telecompaper Headlines

(Telecompaper) The value of the European smartphone market could as much as halve this year due to the economic recession, according to the latest estimates from IDC. Its most pessimistic estimate of the impact of the Covid-19 crisis is a 47 percent fall in the value of the market, while the most probable scenario is a 27 percent drop, the market researcher said. In November 2019 it was still forecasting growth of 2.7 percent this year. 

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China 5G rollout to drive first smartphone shipment rise in 4 years - IDC

2019-11-27 09:20:00| Telecompaper Headlines

(Telecompaper) The global smartphone market is set to return to growth for the first time in 4 years in 2020 on the back of China's huge investment in 5G technology, according to the latest report from IDC. Worldwide shipments are expected to grow 1.5 percent year on year in 2020 to just over 1.4 billion following falls of 0.3 percent in 2017, 4.3 percent in 2018 and an expected 1.4 percent this year. The 2020 figure is set to include 190 million 5G smartphones, accounting for 14 percent of the total, driven by recent developments in the China market along with anticipation of aggressive activity from the smartphone supply chain and OEMs, said IDC.

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IDC expects worldwide semiconductor revenue to drop 7.2% in 2019

2019-05-15 22:00:21| Digital TV News

After three consecutive years of growth, with year-over-year growth of 13.2% in 2018, the latest update from IDC forecasts that worldwide semiconductor revenue will decline to $440 billion in 2019, down 7.2% from $474 billion in 2018.

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