It is expected that the use of 5G and flexible displays will be the catalysts to galvanize the industry, creating improved user experiences (UXs), while stimulating smartphone replacement rates.
The results slightly outperformed the forecast, which called for a decline of 4.7%, but also produced the largest year-on-year decline since the third quarter of 2016 (3Q16) and capped the full year at a nearly flat rate of -0.4%.
Worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period and surpass the $1 trillion mark in 2022.
The growing popularity of smartwatches and greater wearables adoption in emerging markets will combine to produce a five-year CAGR of 11.0% with shipments jumping to 189.9 million units in 2022.
The top three contributors to the growth of the APeJ region were China, India, and the Philippines. This was the first quarter where ink tank shipments were greater than ink cartridge, making ink tank the leading product in the inkjet market for APeJ with 51.1% share.
Although overall TV shipments in the third quarter of 2018 were flat compared to the previous year, the average TV unit-shipment screen size increased more than any previous quarter in more than a year.