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JULY 2019 I SMT007 MAGAZINE 27 Revenues for NAND Flash Brands 1Q Fall by 23.8% QoQ While Prices Fall Non-stop in 2Q E Besides the effects from the traditional off- season first quarter this year, the weakening demand in the fourth quarter of last year has pushed smartphone and server OEMs to begin adjusting their inventories, according to DRA- MeXchange. Mobile Services Market in APAC to Increase Focus on B2B and B2B2C Segments E The mobile services market in Asia-Pacific (APAC) is expected to focus more on business models for the business-to-business (B2B) or business-to-business-to-consumer (B2B2C) seg- ments as a result of declining revenue from tra- ditional services. NB-IoT Device Shipments Reached 53 Million Units in 2018 E According to a new research report from IoT analyst firm Berg Insight, global shipments of NB-IoT devices reached 53 million units in 2018, and are expected to almost triple to 142 million units in 2019. Global Solar Photovoltaic Services Market 2019–2023 E The global solar photovoltaic services market is expected to post a CAGR of more than 16% during the period 2019-2023, according to the latest market research report by Technavio. Commercial Aircraft Production to Hit Record High With Renewed Competition Between Airbus and Boeing E The revival of competition between Boeing and Airbus is expected to result in record delivery of the highly popular narrow-body platforms and a 9.4% year-on-year growth in production. Medical Device Contract Manufacturing Market to Reach $93.1B by 2024 E The medical device contract manufactur- ing market is expected to reach $91.3 billion by 2024, up from an estimated $55 billion in 2019 at a CAGR of 10.6% over the forecast period. India PC Market Declines YoY for the Third Consecutive Quarter in 1Q19 E The India traditional personal computing (PC) market declined for the third consecutive quar- ter in the first quarter of 2019, according to IDC's Asia/Pacific Quarterly Personal Comput- ing Device Tracker. EMEA PC Market Will Approach Stability in 2019 E Shipments of traditional PCs—a combination of desktops, notebooks, and workstations— in the EMEA region will total 71.3 million in 2019, nearly flat year-on-year. Global Space Electronics Market Report E The global space electronics industry analysis highlights that the market generated $1.27 bil- lion in 2018 and is expected to grow at a CAGR of 5.22% during 2019–2024. Smart Manufacturing Platform Market Worth $10.8 Billion by 2024 E The smart manufacturing platform market is projected to grow from $4.4 billion in 2019 to $10.8 billion by 2024; it is expected to record a CAGR of 19.7% over the forecast period.

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