46 SMT Magazine • March 2017
Internet of Things Market in Central and
Eastern Europe to Boom Through 2020
According to a new update to the Worldwide Semi-
annual Internet of Things Spending Guide from
IDC, IoT revenues in the Central and Eastern Eu-
rope region will post a CAGR of 21.5% over the
2016-2020 forecast period, reaching $24 billion in
2020.
Global Commercial Avionics Systems
Market Posts Revenue of $25.34B in 2016
Transparency Market Research forecasts the glob-
al commercial avionics systems market to take ad-
vantage of the rising investments and adoption of
leading-edge technologies to register a CAGR of
3.5% between 2016 and 2024. By the end of the
forecast period, the global market is expected to
reach $31.07 billion.
Worldwide Sales of Smartphones Grew
7% in Q4 2016
Global sales of smartphones to end users totaled
432 million units in the fourth quarter of 2016, a 7
percent increase over the fourth quarter of 2015,
according to Gartner Inc. The fourth quarter of
2016 saw Apple leapfrog past Samsung to secure
the No. 1 global smartphone vendor position.
Over 69 Million Automotive LiDAR
Sensors Will Ship in 2026
ABI Research forecasts more than 69 million auto-
motive LiDAR sensors will ship in 2026, fueled by
declining hardware costs and the need to equip ve-
hicles with multiple sensors to ensure 360-degree
coverage.
Top 3 Chinese Smartphone Vendors Grab
Nearly Half of China's Market in 2016
According to the latest IDC Quarterly Mobile
Phone Tracker, the smartphone market in Chi-
na saw a 19% YoY growth and 17% QoQ growth
in the fourth quarter of 2016. For the full year of
2016, the market grew by 9%, with top Chinese
smartphone vendors taking up a larger share of the
market.
Apple Tops Samsung in Q4 to Close Out
a Roller Coaster Year for the Smartphone
Market
According to preliminary data from the IDC World-
wide Quarterly Mobile Phone Tracker, smartphone
vendors shipped a total of 428.5 million units dur-
ing the fourth quarter of 2016, resulting in 6.9%
growth when compared to the 400.7 million units
shipped in the final quarter of 2015.
Latest Report on Top 10 Sensors
According to MarketsandMarkets, the global
sensors market is expected to grow at a signifi-
cant rate between 2016 and 2022, mainly driv-
en by the increasing advancement toward small-
er, smarter, and cheaper sensors; miniaturization
trend in sensors; advent of platforms such as IoT,
AR, and M2M; and growing trend toward smart
living among end users.
Global Semiconductor Revenue Forecast
to Grow 7.2% in 2017
The worldwide semiconductor revenue is fore-
cast to reach $364.1 billion in 2017, an increase
of 7.2% from 2016, according to Gartner Inc. This
represents a complete turnaround for the semi-
conductor industry as the market experienced
1.5% growth in 2016.
IDC Predicts 3D Printing Will Hit
Mainstream Market in Asia Pacific in 2018
With supportive government policies and contin-
uous drive from countries like China, South Korea
and India, IDC predicts that 3D printing will even-
tually become a mainstream market in Asia Pacific
excluding Japan (APeJ) in 2018.
Electronics Industry News
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