Entries with tag market forecasts.

3D Printing Poised to Come Home

3D printing has long been associated with manufacturing and prototyping, but numerous firms demonstrating products at the Consumer Electronics Show (CES) in Las Vegas are ready to bring the technology into consumers’ homes. For example, the ChefJet Pro is a food printer that deposits sugar or chocolate in layers and let users create intricate sugar sculptures. An industry observer forecasts that about 100,000 3D printers will be sold in 2014. There were 28 companies with 3D printing technologies at this year’s CES, compared to only eight last year. “The question in my mind is not `Will we have a 3D printer in each home?’ but ‘Which room will it be in?’ ” Avi Reichental CEO of printer maker 3D systems CEO, told the Associated Press. “Will it be in your garage? Will it be in your kids’ room... or the wardrobe?” (Associated Press)(Los Angeles Times)

Analysts: “Third Platform” Will be the Basis for Increased Global IT Spending

Global IT spending will reach $2.1 trillion in 2014, up 5 percent from this year, largely because of so-called third-platform technologies, predicted market research firm IDC. The company contends that these technologies—cloud services, mobile computing, social networking, Big Data, and analytics—are driving spending. IDC forecasts that IT spending in these areas will increase 15 percent over last year and will account for 89 percent of IT spending growth in 2014. The company anticipates that spending in 2014 compared to 2013 will grow 25 percent for cloud computing and 30 percent for Big Data. (Datamation)(IDC)
 

Worldwide Mobile Users Forecast to Reach 4 Billion in 2018

A study by the management consulting firm A.T. Kearney and the GSM Associationestimated that the global market for mobile services will grow significantly in the next five years, from 3.2 billion users now to 4 billion users by 2018. The global mobile market is now valued at $1.0 trillion, which is 1.4 percent of the 2012 worldwide gross domestic product. The study said most of the growth should be in the Asia-Pacific region, with Africa expected to have the fastest rate of growth. (PhysOrg)(AFP @ GlobalPost)
 

Financial Giants Cash In on Mobile Money

Several global financial groups have announced at this week’s Mobile World Congress in Barcelona that they are entering the mobile payments market. Fighting for a slice of the market are some players previously reticent to dip a toe into the mobile money market, including MasterCard, Visa, and PayPal. . People are increasingly using smartphones—rather than cash or credit cards—to make payments. MarketsandMarkets, a research firm, estimates the mobile-money industry should grow from $13.8 billion in 2013 to $278.9 billion by 2018. (PhysOrg)(AFP @ GlobalPost)

Survey: Global PC Sales Likely to Drop in 2012

New research from market-analysis firm IHS iSuppli anticipates worldwide PC sales in 2012 will drop for the first time in 11 years. The firm expects PC sales to drop 1.2 percent to 348.7 million units. Sales in 2011 were 352.8 million. “There was great hope through the first half [of this year] that 2012 would prove to be a rebound year for the PC market,” stated Craig Stice, IHS’s senior principal analyst for computer systems. “Now three quarters through the year, the usual boost from the back-to-school season appears to be a bust, and both AMD and Intel’s third-quarter outlooks appear to be flat to down. Optimism has vanished and turned to doubt, and the industry is now training its sights on 2013 to deliver the hoped-for rebound.” Tablet sales and smartphone adoption are eroding PC sales. Some market watchers predict sales of tablets will overtake those of PCs by 2016, if not earlier. Stice claimed there is some possibility the market could rebound on the coattails of Windows 8 adoptions in 2013. (PhysOrg)(CNET)(iSuppli)
 

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