Analysis
Semiconductor market up 6.5% in 2020
The European Semiconductor Industry Association (ESIA) has reported that global semiconductor market sales in 2020 amounted to $439.082bn, a 6.5% increase from 2019. Sales in December 2020 amounted to $39.191bn, down 1.9% versus the previous month and up 8.3% versus December 2019.
Digital transformation investment will continue in 2021
Software AG has announced the results from its ‘Situation Report’ global survey of IT Leaders and their digital transformation investment strategies. The global COVID-19 pandemic served as a dramatic backdrop for a year of innovation and digitalisation in businesses around the globe. 97% of IT directors surveyed said that their company went through digital transformation efforts in 2020, the same number expect that investment to ...
European digital twin market revenue to hit $9.5bn
The revenue of European digital twin market crossed $1bn in the year 2019 and is predicted to touch $9.5bn mark by 2026, growing at 30% between the years 2020 and 2026; as per the research done by Graphical Research.
Optical sensor market projected to reach $30bn by 2026
According to a recent study from market research firm Global Market Insights, optical sensors are broadly utilised in consumer electronic devices for the detection of events, changes, or input signals and pass the information to other components.
Top tech trends increasing the need for network testing
Viavi Solutions has revealed that virtualisation (78%), automation (70%) and network slicing (70%) are the top technology trends increasing the need for network testing, monitoring and assurance, according to communications service providers (CSPs). These findings are explained in ‘The 2021 Network Test Survey’, a new industry report commissioned by VIAVI that explores insights into how the pandemic and other trends are shaping test a...
Biden Presidency could be good for UK tech companies
President Biden’s ambitious plans to hit the ground running by tackling climate change and being net zero by 2050 is good news for UK tech companies, which should see increased investment in the UK, according to tax and advisory from Blick Rothenberg.
Technology predictions for 2021 from Keysight
In 2020, the world experienced an unprecedented public health crisis – the coronavirus pandemic. This has impacted all sectors of society and forced enterprises, small businesses, governments and private institutions to pivot, in some cases extensively, to accelerate digital transformations and rethink the way innovation is achieved. So what are the technology predictions for 2021?
Number of public sector digital users grows by over 10% during pandemic
The first UK lockdown sparked considerable new interest and uptake in digital apps and services supplied by the Government, according to research conducted by SAS.
R&D spending to rise 4% after hitting record in 2020
R&D spending by semiconductor companies worldwide is forecast to grow four percent in 2021 to $71.4bn after rising five percent in 2020 to a record high of $68.4bn, according to IC Insights’ new 2021 edition of The McClean Report - 'A Complete Analysis and Forecast of the Integrated Circuit Industry'.
US and East Asia grab $23bn transparent electronics opportunity
The new IDTechEx report, 'Transparent Electronics Materials, Applications, Markets 2021-2041', describes a market increasing fivefold from 2021-2031. By 2041 it will be over $23bn. Including translucent in the term transparent electronics, IDTechEx sees electrically-darkened windows growing steadily in demand, but the main action being elsewhere.