78 SMT007 MAGAZINE I NOVEMBER 2019
IDTechEx: The Future of Wearables
Is Medical (Part 1)
E
Electronic devices on the body are perfectly
placed for sensors to collect data relevant to
healthcare, with communication options allow-
ing them to be the gateway to digital health
data.
Spending on AI Systems in the Middle East
and Africa to Top $374M in 2020
E
Spending on artificial intelligence (AI) sys-
tems in the Middle East and Africa (MEA) is
expected to maintain its strong growth trajec-
tory as businesses continue to invest in proj-
ects that utilize the capabilities of AI software
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, accord-
ing to Grand View Research Inc.
Global Memory Semiconductor Market
to Reach $52B by 2024
E
The global memory semiconductor market
for the consumer electronics industry is pro-
jected to grow at a CAGR of 0.63% to reach
$52.057 billion by 2024, up from $49.999 bil-
lion in 2019.
Europe Consumer Confidence Unshaken by
Economic, Political Uncertainties
E
The Conference Board Global Consumer Con-
fidence Index for the European region was
unchanged at 89 in the third quarter of 2019 (a
reading of 100 or above is considered positive)
and even increased by one point (from 87 to
88) for the broader European region.
Global Biometrics Technologies Market
Report 2019–2027
E
The global biometrics technologies market
accounted for $14.6 billion in 2018 and is
expected to grow at a CAGR of 16.2% over the
forecast period of 2019–2027, to account for
$55.42 billion by 2027.
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.
Emergence of Miniaturized EO/IR Systems
to Boost Global Military Laser Designator
Market Growth
E
The global military laser designator market is
expected to post a CAGR of close to 5% during
the period 2019–2023, according to the latest
market research report by Technavio.
Pulsed RF Power Semiconductor Device
Markets to Top $300M by 2024
E
Markets for pulsed RF power devices up to 4
GHz will show continued moderate and steady
growth over the next five years and exceed
$300 million by 2024, despite current eco-
nomic and political turmoil.
U.S. Medical Technology Market Projected
to Exceed $200B by 2023
E
Medical device manufacturing remains a
strong market, driven by technological devel-
opments, an aging population, and increases
in chronic and lifestyle diseases—trends that
expand healthcare spending.
