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70 PCB007 MAGAZINE I AUGUST 2019 Semiconductor Industry Capex Forecast to Slump in 2019 and 2020 E In its upcoming mid-year update to The Mc- Clean Report 2019, IC Insights reports that the semiconductor industry capex is forecast to slump in 2019 and 2020. Over the past 34 years, there have been six periods when semicon- ductor industry capital spending declined by double-digits rates for one or two years (1985– 1986, 1992, 1997–1998, 2001–2002, 2008–2009, and 2012–2013). 5G Smartphones Shipment to Reach 1.9 Billion, Overtaking 4G in 2023 E Canalys expects 5G-enabled handsets will reach nearly 800 million units in 2023, accounting for 51.4% of all smartphone shipments, pass- ing 4G smartphones five years after 5G's global commercial launch. Automated Test Equipment Market Forecast to Rise by 3.53% During 2019–2024 E The global automated test equipment market was valued at $3.84 billion in 2018 and is ex- pected 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 Asia/Pacific spending on augmented reality and virtual reality (AR/VR) will reach $7.5 bil- lion in 2019, recording an increase of more than 100% from the previous year, according to the latest IDC Worldwide Semi-annual Augmented and Virtual Reality Spending Guide. 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, according to data from International Data Corporation's (IDC) Worldwide Quarterly Smart Home De- vice Tracker. Global Consumers Confident, but Improvements Less Broad-based E Consumers across major global markets—in- cluding China, India, Indonesia, the United States, and Germany—remain confident, ac- cording to The Conference Board Global Con- sumer Confidence Index. IoT Spending in Asia/Pacific to Reach $398.6 Billion by 2023 E IoT services are the largest technology group in 2019 with $94.6 billion going toward tra- ditional IT and installation services as well as non-traditional device and operational services. Indian Networking Market Poised to Have a Positive Outlook, up 14.8% YoY During 1Q19 E The India networking market, which in- cludes ethernet switch, routers, and WLAN segments, witnessed a 14.8% year-over-year growth in Q1 2019 with increased investments across the enterprise and service provider de- ployments. Personal Computing Device Market Rides Several Trends to Produce Solid Results in 2Q19 E Preliminary results for the global traditional PC market, inclusive of desktops, notebooks, and workstations totaled 64.9 million units in the second quarter of 2019 (2Q19), according to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing De- vice Tracker.

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