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PCB007-Oct2019

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48 PCB007 MAGAZINE I OCTOBER 2019 IDTechEx: The Future of Wearables Is Medical (Part 1) E Wearable technology and medical devices have many prominent synergies. Electronic devices on the body are perfectly placed for sensors to collect data relevant to healthcare, with com- munication options allowing them to be the gateway to digital health data. Wrist-worn Wearables Maintain a Strong Growth Trajectory in 2Q19 E Shipments of wrist-worn wearables—includ- ing smartwatches, basic watches, and wrist bands—reached 34.2 million units, up 28.8% year over year during the second quarter of 2019, according to the International Data Cor- poration (IDC) Worldwide Quarterly Wearable Device Tracker. Shipments of Bluetooth Powered IoT Devices to Exceed Smartphones by 2024 E According to ABI Research, by 2024, IoT end markets will represent 31% of total Bluetooth and 27% of Wi-Fi device shipments, up from 13% and 10%, respectively, in 2018. TrendForce Releases Latest Analysis of the SSD Market E TrendForce data shows that NAND Flash sup- pliers accounted for about 35% of the total SSD shipments to the channel market in 2018. Spending on AI Systems in the Middle East & Africa to Top $374M in 2020 E Spending on AI systems in the Middle East and Africa is expected to maintain its strong growth trajectory as businesses continue to invest in projects that utilize the capabilities of AI soft- ware and platforms. Radar Market Size Worth $38B by 2025 E The global radar market size is expected to be valued at $38.01 billion by 2025, registering a CAGR of 3.8% over the forecast period, ac- cording to Grand View Research Inc. Canadian Spending on Customer Experience Technologies to Surpass $18 Billion by 2022 E Canadian spending on customer experience (CX) technologies will total $15.8 billion in 2019, an increase of 5.1% over 2018, according to the Worldwide Semiannual Customer Expe- rience Spending Guide from International Data Corporation (IDC). Global Biometrics Technologies Market Report 2019–2027 E The global biometrics technologies market ac- counted for $14.6 billion in 2018 and is expect- ed to grow at a CAGR of 16.2% over the fore- cast period 2019–2027, to account for $55.42 billion by 2027. Worldwide Memory Semiconductor Market to Reach $52.057 Billion by 2024 E The Global Memory Semiconductor Market for Consumer Electronics Industry is projected to grow at a CAGR of 0.63% to reach $52.057 bil- lion by 2024, from $49.999 billion in 2019. Top 10 Trends in Information and Communication Technology Industry for 2020 E TrendForce provides predictions of the infor- mation and communication technology indus- try for 2020, focusing on 10 key themes.

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