Industry insider news for New Zealand's technology resellers
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Gartner: Wearable device spending to total US$52 billion in 2020
Competition from lower-cost smartwatches will reduce average selling prices by 4.5% in 2021.
Gartner: A/NZ still outstripping the globe on IT spending growth
However, both Australia and New Zealand are expected to mirror the global decline on device spending.
5G IoT market dominated by outdoor surveillance cameras
These cameras will represent 70% of the 5G IoT endpoint installed base in 2020, before contracting to 32% by the end of 2023.
New tech makes up 25% of US$1.7 trillion consumer spending
Consumer spending on technology is forecast to reach US$1.69 trillion in 2019 with a quarter coming from emerging technologies such as VR/AR.
Millions wasted on poor knowledge management solutions
A survey by Ecosystm has revealed that businesses are spending over US$600,000 on average on solutions that are adding little to no value.
VR boom shows no sign of slowing
The virtual reality market will exhibit a 42.2% CAGR, as big brands move to offer an advanced user experience says Fortune Business Insights.
Premium headphones driving revenue boom, says Futuresource
Thanks to the trend in premium brands, worldwide headphone revenue is growing four times faster than shipment numbers.
IDC: Ethernet switch and router market show steady growth
Latest IDC research shows that the Ethernet switch market grew 4.8% year over year, while the router market rose 3.4% in 2Q19.
F&S: Global first responder C3I spending to near US$100 million
Providing solutions that can make cross-agency sharing and access efficient and effective will augment growth prospects, finds Frost & Sullivan.
Blockchain revenues to near US$10B despite 2018 crypto winter
This year blockchain is starting to find its feet as innovators find the use-cases that suit the specific areas in which it can provide value.
Gartner: IoT market growth shows no sign of slowing
Utilities will be the highest user of IoT endpoints, totalling 1.17 billion endpoints in 2019, and increasing 17% in 2020 to reach 1.37 billion.
UPS market continues to grow due to need for hardware uptime
Transparency Market Research (TMR) predicts that the global UPS market will grow at a respectable CAGR of 7.8% over the period between 2018 and 2026.
Medical devices provide US$6B opportunity for 3D printing
It is a rapidly growing market with compound annual growth rates of up to 18% in certain sub-segments.
Gartner - 5G will give global smartphone market bump in 2020
This will mean some respite after the Australian market’s massive 2019 decline and help NZ’s see some stability.
RPA services market to balloon up 47% by 2024, says Zinnov
The outsourced RPA services market for FY19 is estimated to be at US$570M - $600M.
IDC: Global personal computing market sees growth bump
Year-over-year growth during the quarter reached 4.7%, which was notably higher than expected.
IDC: SaaS makes up lion’s share of Aussie cloud service revenue
SaaS revenue accounted for 65.8% of the total Australian public cloud services revenue in 2018.
Canalys: Infrastructure shipment growth finally slowing
“Vendors have become accustomed to high double-digit percentage growth rates over the last 18 months,” however, shipment numbers are starting to fall.
Voice control to account for one-third of smart home market
Interoperability with the platforms that support voice control devices is vital for OEMs and service providers.
Gartner: Cloud set to take over the database market
On-premises database management system revenue continues to decrease as the market shifts to the cloud.
Mobile virtual network market booming in APAC
A recent Fortune Business Insights report states that the MVNO market will see compound growth of around 8% over the next six years.
Canalys: 5G smartphones will overtake 4G by 2023
Asia Pacific will account for 17.4% of the 800 million 5G smartphone shipments globally in 2023.
IDC: Earwear and watches driving wearables market
Smartwatches and ear-worn devices will account for more than 70% of the 200 million wearables shipped by 2023.
Quantum computing in the telecom sector and more cybersecurity trends
According to a new report, quantum computing will be a destabiliser for the telecom sector, making PKI obsolete in the near future.