78 SMT007 MAGAZINE I MAY 2019
As the Economy Slows and
Wages Surge, Corporate Profits
Likely to Decline
E
In 2019, surging labor costs and slower revenue
growth will likely lead to a decline in corpo-
rate profits in both the U.S. and other advanced
economies, finds a new study on labor market
trends.
Taiwan's Solar PV Market Aims 1.5GW in
New Installations by 2019
E
The year 2018 proved to be the most disastrous
year for Taiwan's solar PV manufacturers, yet
the best year in terms of solar PV system instal-
lations downstream, bringing new installations
up to 1GW for the first time in history.
Double-digit Growth Expected in the
Smart Home Market
E
The global market for smart home devices is
expected to grow by 26.9% year over year in
2019 to 832.7 million shipments, according to
International Data Corporation (IDC).
5G Fixed Wireless Access Market to See
CAGR of 97.47% From 2019–2026
E
The 5G fixed wireless access market is expected
to grow from $396 million in 2019 to $46.37 bil-
lion by 2026 at a CAGR of 97.47% from 2019–
2026.
N.A. Semiconductor Equipment Industry
Posts February 2019 Billings
E
North America-based manufacturers of semi-
conductor equipment posted $1.86 billion in
billings worldwide in February 2019 (three-
month average basis), according to the "Feb-
ruary Equipment Market Data Subscription
(EMDS) Billings Report" published by SEMI.
Intelligent Electronic Devices Market
2019–2023 Forecast
E
The global intelligent electronic devices mar-
ket was valued at $10.55 billion in 2017 and is
expected to reach $17.09 billion by 2023, regis-
tering a CAGR of 9%.
Worldwide Spending on Security
Solutions Forecast to Reach
$103.1 Billion in 2019
E
Global spending on security-related hardware,
software, and services is forecast to reach
$103.1 billion in 2019, an increase of 9.4%
over 2017.
Smart Manufacturing Market to Reach
$548.14 Billion by 2024
E
The opportunity in the global smart manufac-
turing market is likely to touch $548.14 bil-
lion by 2024, expanding at a CAGR of 13.02%
between 2016 and 2024, according to Transpar-
ency Market Research (TMR).
Semiconductors Surpass Cars as a
Top U.S. Export in 2018
E
According to recently released U.S. govern-
ment data, U.S. semiconductor exports in 2018
totaled $44 billion, ranking fourth among all
U.S. exports, following aircraft and oil (crude
and refined), and surpassing automobiles for
the first time since 2010.
Consumer Augmented Reality Market
Continues to Grow
E
By 2023, the revenues from consumer software
and content will reach more than $8.5 billion
while consumer AR smart glasses will reach
four million-unit shipments by 2023.
