The Whir — Developers are working on analytics and big data apps for the Internet of Things much more than connected devices like home appliances and cars, according to a new report from Evans Data Corporation. The survey shows that IoT development is shifting rapidly to the cloud, and also offers several more surprising takeaways.
Tech in Asia — Gartner estimates that IoT – a network of devices (things) with embedded technology enabling the transfer of data via the internet – will become a key enabling technology for digital businesses. It forecasts 4.9 billion connected things are in use in 2015; a figure expected to rise to 25 billion by 2020. Meanwhile, IDC forecasts IoT in Asia-Pacific (excluding Japan) is set to explode to 8.6 billion devices by 2020, growing from a current annual market of US$250 billion to US$583 billion in 2020.
Digi Times — Taiwan Semiconductor Manufacturing Company (TSMC), at its July 16 investors meeting, gave a less-optimistic outlook for the third quarter of 2015, and has revised downward its forecast for 2015 global semiconductor and foundry growth. TSMC co-CEO Mark Liu indicated the company now forecasts the global semiconductor market will grow 3% in sales in 2015, and the foundry segment will see a 6% increase.
MENAFN — The APAC cloud analytics market report defines and segments the market with analysis and forecast of revenue. This market is estimated to grow from 1191.4 million in 2014 to 4473.9 million in 2019 at a CAGR of 30.3% from 2014 to 2019. Key players in the Asia Pacific Cloud Analytics Market include SAS Inc. SAP Software and Oracle Services.
Want China Times — Chinese e-commerce giants expect to see transactions through mobile devices to surpass those through desktops in a few years, especially in China’s rural areas, the company’s president said on July 9. According to Alibaba president Jin Jianhang, smartphones have replaced cameras and can be used to make payments, and this is only the beginning in the age of the mobile and sharing economies.
Digital Trends — By 2017, smartphone market size will be directly correlated with population size — at least when it comes to the top three players in the game. According to a new report from Strategy Analytics, India will unseat the United States as the second largest smartphone market within the next two years, with China remaining the clear leader of the pack.
Digi Times — Smartphones first accounted for more than 50% of total quarterly cellphone shipments in the first quarter of 2013. In fourth-quarter 2015, smartphones are forecast to reach 435 million units or 80% of total cellphones shipped, according to IC Insights. On an annual basis, smartphones first surpassed the 50% penetration level in 2013 (54%) and are forecast to represent 93% of total cellphone shipments in 2018.
Digi Times — Worldwide smartphone sales are forecast to grow from 1.5 billion units in 2015 to a record 1.7 billion by 2017, according to Strategy Analytics. China, India and the US are the big three countries driving smartphone growth worldwide. India will overtake the US to become the world’s second-largest smartphone market by 2017, selling 174 million units, said Strategy Analytics.
MSI-ASIA — The mobile gaming industry in Southeast Asia (SEA) is the fastest growing region globally, and it has reached over US$1 billion in revenues last year, reported Frost & Sullivan. Following this finding, Frost & Sullivan predicts that the revenues in SEA will surpass US$7 billion by 2019. This means that the industry would have grown at a very healthy compound annual growth rate of 48% from 2015 to 2019.
Orders received this coming July will be crucial for the second half 2015 business prospects for Taiwan-based component makers in the notebook and PC industry supply chain, according to sources in the supply chain. Intel’s decision to delay the launch of its Skylake platform until the second half of 2015 has weakened market demand for notebooks and other PC systems, affecting the sales performance of most component suppliers, said the sources.
The small and medium business (SMB) clouds services market in Indonesia will grow at a compound annual growth rate (CAGR) of 30% in the next three years from Rp15T (US$1.2 billion) in 2015 to Rp33T (US$2.7 billion) by 2018, according to a forecast report from Odin. The Odin SMB Cloud Insights report focuses on the cloud services that have the most current and future appeal for SMBs across four key categories: IaaS, web presence and web applications, unified communications, and business applications (also known as software-as-a-service)
NEW DELHI: Business intelligence (BI) software revenue in India is expected to grow 15 per cent to reach USD 150 million this year, research firm Gartner said today. The spending on BI platforms — advanced analytics, analytic applications and corporate performance management (CPM) software — stood at USD 133.8 million in 2014, Gartner said in a statement.
The global Internet of Things market will grow to $1.7 trillion in 2020 from $655.8 billion in 2014, research firm IDC says, as more devices come online and a bevy of platforms and services grow up around them. The Asia Pacific region captured around 58.3% of the revenue from IoT in 2014 and will shrink slightly to 51.2% in 2020. In China, a large and growing population using mobile devices alongside a push to make manufacturing practices more efficient may spur a significant number of new devices and IoT standards, said Vernon Turner, IDC.
THE average daily time Chinese consumers spend on Internet will climb to 202 minutes by 2017, more than one third higher than the average time of 142 minutes in 2014, suggesting the dominant position of Internet as a major media format, a latest study shows. Thanks to the popularity of smartphones and the development, the Internet already takes the biggest share of total media consumption, and the mobile Internet is expected to overtake desktop Internet in 2015, Publicis Groupe’s media agency ZenithOptimedia said in its Media Consumption Forecasts today.
MUMBAI: Tech Mahindra, India’s fifth largest IT services company, expects digital revenue to cross $500 million (about Rs 3,100 crore) by the end of 2015, helping the company move towards its $5 billion topline target. TechM’s had assumed that a tenth of that would come from new digital technologies, but growth has exceeded expectations. ‘Digital is growing faster than we had anticipated and faster than the rest of the business,” TechM chief executive officer CP Gurnani told ET. “We will end the year with much more than $500 million in digital revenue.”
Smartphone shipments will decline through 2019, hitting Android phones and the Chinese market especially hard, according to research firm IDC. The slowdowns come at the same time that Apple is benefiting from big sales of its larger iPhone 6 and iPhone 6 Plus devices. Overall iOS smartphone shipments will grow by 23% in 2015, IDC predicted. Apple’s innovation with its 4.7-in. display on the iPhone 6 and the 5.0-in. iPhone 6 Plus display has been demonstrable, said IDC analyst Ryan Reith.
Global efforts in developing big data and the Internet of Things (IoT) are expected to give a boost to Taiwan’s information services industry, the Market Intelligence Center (MIC) said Saturday. On the back of development in these two sectors, Taiwan’s information service market is estimated to grow to NT$176.3 billion (US$5.78 billion) in 2018 from a projected NT$156.7 billion (US$25.2 billion) for 2015, the MIC said.
According to recently released TechSci Research report, “India Mobile Middleware Market Forecast & Opportunities, 2020”, mobile middleware market in India is projected to register a CAGR of over 12% during 2015-20. The country’s mobile middleware market is expected to witness tremendous growth on account of increasing use of mobile applications in enterprises, rising demand for data integration across mobile applications, growing demand for cloud computing based applications, need for universal data accessibility, rapid emergence of Internet Of Things (IOT) mobile applications, etc.
NEW DELHI: India software revenue totaled $4 billion in 2014, an 8.3% increase from 2013 revenue of $3.7 billion, according to IT research firm Gartner. According to the report, Microsoft maintained the No. 1 position in software revenue in India, accounting for 25% of overall sales in 2014. The top three vendors in the market (Microsoft, Oracle, and IBM), represented 50% of total software sales in India. Among the BRICS (Brazil, Russia, India, China and South Africa), the India software market experienced the highest growth rate of 8.3%.
The APAC cloud analytics market report defines and segments the market with analysis and forecast of revenue. This market is estimated to grow from $1,191.4 million in 2014 to $4,473.9 million in 2019, at a CAGR of 30.3% from 2014 to 2019. Key players in the Asia Pacific Cloud Analytics Market includeSAS Inc., SAP Software, and Oracle Services. Browse through the TOC of the APAC cloud analytics market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentations in the market, and is supported by various tables and figures.