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
