Market growth stories
China’s smartphone market fell to a decade low in 2022
IDC says that the full-year market size neared the level ten years ago when two out of five mobile phone shipments were still feature phones.
Projected 20% CAGR for Software-Defined Networking Market
The SDN market is set to steadily grow from currently a USD $20 Billion market into a multi-hundred-billion one.
Projected 2.4% increase in Global IT spending in 2023
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.
Projected 5.8% increase to Australia IT spending in 2023
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.
Projected 5.5% increase to New Zealand IT spending in 2023
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.
IoT node and gateway market to be US$726.7 million by 2030
The global IoT node and gateway market size is expected to grow from USD412.3 million in 2021 to USD726.7 million by 2030, at a CAGR of 6.5% from 2022 to 2030.
Global wearable tech market continues to grow at notable rate
The global wearable technology market is estimated to be US$113.2 billion in 2021 and reach US$283.01 billion in 2027, registering a CAGR of 16.50%.
Low-code development technologies market to grow 20% in 2023
Business technologists, hyperautomation and composability will drive low-code technology adoption through 2026.
Passwordless authentication mkt to grow, says KuppingerCole
KuppingerCole predicts that the CAGR to go up to 31,1%, leading the passwordless authentication market to reach US$6.6 billion by 2025.
B2B eCommerce in agriculture is growing, says Polaris
The global B2B eCommerce in the agriculture market is expected to reach US$ 11.86 billion by 2030, growing at a CAGR of 6.4%.
IoT processor mkt will be US$92.92 billion by 2032, says FMI
While North America holds about 40.1% of the global market share, Europe accounts for 23.6%. The semiconductor industry is driving the Asia Pacific.
Tech job moves - Adobe, Ambit, blueAPACHE, Cue & DC Blox
We round up all job appointments from September 26-,30 2022, in one place to keep you updated with the latest from across the tech industries.
IDC finds the majority of executives expecting a recession
59% of respondents believe 2023 will be a recession year. Of these, nearly 30% believe we are amidst a recession. Another 26% expect a recession in later 2022.
Ready, set, flop: four reasons why your online marketplace could struggle to gain traction
There’s a saying that ‘you have to spend money to make money’. That’s not always the case but the old maxim certainly holds true when it comes to online marketplaces.
IDC predicts almost $450 billion AI revenue this year
IDC's AI Tracker forecast indicates that global revenue for the AI market will reach nearly $450 billion in 2022.
Pax8 adds new vendors to cloud commerce marketplace
Pax8 has announced BitTitan, Call2Teams, Liongard, Nerdio and Printix are now available for its managed service provider partners in the APAC region.
Nano-based products propel electronic materials market
The rising use of wireless computing devices is one of the primary factors driving the electronic materials and chemicals market share.
Salesforce unveils new offerings for consumer goods companies
Salesforce has announced new products for consumer goods companies to help brands navigate increasing market complexity more easily.
Boost Mobile now makes up over 7% of Aussie prepaid market
Boost Mobile has doubled its market share over the past four years and now has more than 7% of Australia's prepaid market, equivalent to over 700,000 people.
Rate of data center market growth in APAC exceeds EMEA
Data center growth in the Asia Pacific market saw growth of 24% in 2021, according to a new report from DC Byte.
Securonix ups APJ regional support in a bid to drive growth
Securonix has announced business momentum for the APJ region, and three strategic hires to bolster its regional leadership team.
Blackbird says NZ tech sector set for massive growth
Local investor Blackbird says New Zealand’s tech sector is poised for a period of significant growth, which could see it transformed into one of the economy’s largest export earners.
Global consumer IoT market expected to grow 15.9% to hit $204.8 billion by 2027
The growth of the overall consumer IoT market is expected to be driven by the growing adoption of connected healthcare devices such as remote monitoring equipment and heart-rate monitoring devices.
Fusion5 achieves first for trans-Tasman Microsoft low code application development
Fusion5 has announced it's the first Microsoft partner based in ANZ to earn the Microsoft Low Code Application Development Advanced Specialisation.