62 SMT007 MAGAZINE I JUNE 2019
N.A. Smartphone Market Plunges
to Five-year Low
E
Smartphone shipments in North America
plummeted 18% year on year in Q1 2019 to a
five-year low of 36.4 million units, down from
a record high of 44.4 million in Q1 2018. This
is the steepest fall ever recorded due to a lack
-
luster performance by Apple and the absence
of ZTE.
Shipments of Connected Wearables Will
Reach 239 Million in 2023
E
Shipments of connected wearables reached
116.8 million worldwide in 2018, according to
Berg Insight. Growing at a compound annual
growth rate of 15.4%, total shipments of smart-
watches, smart glasses, fitness and activity
trackers, smart clothing, mobile telecare, and
medical devices, as well as other wearable
devices, are forecasted to reach 238.5 million
units in 2023.
Worldwide Telecom Services Market
Prepares for 5G Impact
E
Worldwide spending on telecom services and
pay TV services totaled $1.62 trillion in 2018,
an increase of 0.8% year over year, according
to the International Data Corporation (IDC)
Worldwide Telecom Services Database.
Polyimide Films Market to Witness CAGR
of 10.6% During 2019–2025
E
The global polyimide films market is expected
to witness a CAGR of 10.6% to reach $3,425
million by 2025.
Chinese Panel Makers Starting to
Dominate Large LCD TV Panel Market
E
With Chinese panel makers accelerating the
mass production of large thin-film transistor
(TFT) liquid crystal display (LCD) TV pan-
els faster than expected, they accounted for
33.9% of the 60-inch and larger LCD TV panel
shipments in the first quarter of 2019.
Global Commercial Telematics System
Revenues Will Nearly Double by 2024
E
Global commercial telematics system revenues
will nearly double by 2024 to over $29 billion
with subscriptions to exceed 86 million in the
same timeframe, according to ABI Research.
UAV Market to See CAGR of Over 10%
During 2019–2024
E
Growing applications of UAVs for various com-
mercial purposes—like remote sensing; photo
and videography; oil, gas, and mineral explo-
ration; disaster relief; recreational uses; and
other purposes—are driving the growth of the
market.
Frost & Sullivan Reveals Top Internet of
Things Platforms Poised for Growth
E
With over 60 billion connected devices
expected globally by 2024, IoT is a complex
ecosystem that integrates information tech-
nology (IT) with operations technology (OT)
to generate data that can be analyzed to
increase revenues and improve business pro-
ductivity.
Global Mobile Robot Market to Reach to
$9.90 Billion by 2023
E
The market is likely to showcase a high growth
rate owing to the increased need for organiza-
tional efficiency and accuracy, rising labor cost
and unavailability of skilled labor, and prog-
ress in both software, including cognitive tech-
nologies, and hardware, particularly sensors,
actuators, and batteries.
