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38 SMT Magazine • June 2015 Electronics Industry News Market Highlights 6% in the next five years, from $7.2 billion in 2014 to $9.5 billion in 2019. IoT Adoption in India will Advance at a Slow Pace Through 2020 Indian enterprises are at the early stages of un- derstanding the impact of the Internet of Things (IoT) on their business, according to Gartner, Inc. While the concept of IoT is not completely foreign to Indian enterprises, adoption will advance slowly through 2020. In-Building Wireless Market to Reach $9B by 2020 ABI Research's latest In-Building Wireless market data forecasts that North America will drive the overall market while Europe and Asia-Pacific will pick up the pace during 2016. The market for in- building wireless equipment and deployments will more than double the current market by 2020. TrendForce: More Worries than Hope in Q2 Panel Market The prices for TV panels of mainstream sizes will hold steady in April as Chinese brand vendors are stocking up for Chinese Labor Day sales, accord- ing to WitsView. Wearable Technology Market Forecast 2015–2020 The global wearable technology market has thus far not quite delivered upon previous expecta- tions of revenues, consumer adoption and even technological advances. However, 2015 might be the breakthrough year in which wearables begin to achieve that mass market acceptance that has long been expected. Wi-Fi Equipment Market to Recover The worldwide consumer wi-fi equipment mar- ket increased 5% in 2014, surpassing 166.1 mil- lion unit shipments. "Shipments of devices which support the 802.11ac standard grew significantly in 2014, representing more than 11% of total ac- cess point shipments," says Jake Saunders, VP and practice director, ABI Research. Commercial Avionics Systems Market Driven by Modernization According to a new market research report "Com- mercial Avionics Systems Market by Sub-segment, by Platform (fixed wing and rotary wing), and by Geography—Forecast 2014–2020," published by MarketsandMarkets, the commercial avionics sys- tems market was estimated at $15,748.26 million in 2014, at a high CAGR of 7.06% from 2014– 2020, to reach $23,715.24 million by 2020. Smart Home Automation System Market to Reach $34B in 2020 Global revenues from smart home automation systems will grow at a 21% CAGR between 2015 and 2020, according to ABI Research, with North America accounting for the lion's share of the mar- ket, followed by Europe and Asia-Pacific. PC Shipments in EMEA Decline amid Currency Fluctuations PC shipments in Europe, the Middle East, and Af- rica (EMEA) reached 20.2 million units in the first quarter of 2015—a 7.7% decrease year on year, according to International Data Corporation (IDC). After a strong 2014, the market returned to a de- cline as expected, with business renewals deceler- ating after last year's uplift prompted by the end of Windows XP support. Tablet Market Experiences Contraction amid Competition Worldwide tablet shipments recorded a year-over- year decline for the second consecutive quarter in the first quarter of 2015 (1Q15). Overall shipments for tablets and 2-in-1 devices fell to 47.1 million in 1Q15, a -5.9% decline from the same quarter a year ago, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. Automotive Powertrain IC Market Up 8.3% in 2014 IHS Technology forecasts that revenues related to powertrain semiconductors will increase with a compound annual growth rate (CAGR) of nearly 38 SMT Magazine • June 2015

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