Smartwatches, the only category that maintained positive growth, grew 23.3% during 2022, reaching 80 million units. Apple surpassed Huawei to become the market leader.
Globally, 82% of customer engagement leaders met or exceeded their company’s financial goals for 2022, compared to 62% of customer engagement laggards.
Education was the only segment to grow in 2022, thanks to government initiatives and sizable education projects in India, Korea, Malaysia, Taiwan, and the Philippines.
In the Philippines, LinkedIn data shows that skills to do any particular job have changed by 31% on average since 2015 and could go up by 48% in 2025, the company said.
Across all household outcome indicators, microfinance loan customers in the Southeast Asian region are seeing lower improvements in quality of life compared to clients hailing from other regions, mirrored in lower business outcomes with only 3% of respondents reporting an increase in workforce size.
Along with the struggling PC market, PC monitor shipments contracted 18.3% year over year in the fourth quarter of 2022 (4Q22) leading to an annual decline of 5.9% for the full year 2022, according to research firm IDC.
IDC said ink tank products are increasing in prominence with a growing trend of SMEs and SOHOs shifting their preference from entry level laser to ink tank, whereas demand for ink cartridge continues to see a downtrend with shrinking home printing usage.