82 SMT007 MAGAZINE I AUGUST 2019
Semiconductor Industry Capex Forecast
to Slump in 2019 and 2020
E
The streak of strong ≥45% capital spend-
ing growth two years after spending cutbacks
ended in 2015, with capital spending register-
ing a 1% decline.
5G Smartphones Shipment to Reach
1.9 Billion, Overtaking 4G in 2023
E
5G-enabled handsets will reach nearly 800 mil-
lion units in 2023, accounting for 51.4% of
all smartphone shipments, passing 4G smart-
phones five years after 5G's global commercial
launch.
Industrial Communication Market Size
to Top $160B by 2025
E
The emergence of the industrial internet of
things (IIoT) solution is driving the industrial
communication market.
Automated Test Equipment
Market Forecast to Rise by 3.53%
During 2019–2024
E
The global automated test equipment mar-
ket was valued at $3.84 billion in 2018 and is
expected to reach a value of $4.72 billion by
2024 at a CAGR of 3.53% during the forecast
period (2019–2024).
Asia/Pacific AR and VR Spending to
Reach $70B in 2023
E
IDC expects consumer and enterprise/com-
mercial segments spending in AR/VR products
and services to grow at a five-year compound
annual growth rate (CAGR) of 81% during
2018–2023.
AI, Robots, Data Software Helping
Create New Approach for Planning
Cities of the Future
E
Artificial intelligence (AI) and robots are play-
ing significant roles as planners develop the
cities of the future.
Gaming PCs and Monitors Deliver
Mixed Results in 1Q19
E
Worldwide shipments of gaming desktops and
notebooks reached 7.5 million units during
the first quarter of 2019, down 6.2% from last
year as the market was plagued with inven-
tory issues.
MEMS Market Poised to Grow
at a Rapid Pace
E
The micro-electromechanical systems (MEMS)
market reached a value of $12 billion in 2018
and estimated to grow at a CAGR of 17% dur-
ing 2019–2025.
LED Driver Market Size Worth
$11.31B by 2025
E
The global LED driver market size is expected
to reach at $11.31 billion by 2025, according to
a new report by Grand View Research Inc.
Google Overtakes Amazon to
Lead the European Smart Home
Market in 1Q19
E
In the first quarter of this year, the smart home
market in Europe grew 23.9%, reaching 21.3
million units shipped to the region, accord-
ing to data from International Data Corpora-
tion's (IDC) Worldwide Quarterly Smart Home
Device Tracker.
