In line with an earlier forecast of analyst firm IDC, the IT industry in the Philippines is set to close the year of 2014 with a growth of 11.4 percent as compared to 2013.
According to analyst firm ABI Research, Mercedes-Benz, Volvo, and BMW continue to comprise the top three players in the consumer Advanced Driver Assistance Systems (ADAS) market.
According to the latest forecasts from market analyst firm ABI Research, tablet growth is expected to resume and continue over the next five years with a forecast of nearly 290 million tablet shipments in 2019.
The driving force behind all of IDC's predictions is the industry's accelerating transition to the 3rd Platform for innovation and growth, built on the technology pillars of mobile computing, cloud services, Big Data and analytics, and social networking.
The average selling price (ASP) of ultrabooks and tablets declined by 7.8 percent in 2014, as the market matured and commoditized, allowing these devices to become more affordable in all markets.
In 2014 the LED market became more integrated from chip to channel, as competing companies merged and supply-chain companies acquired LED industry players.
New research from telecom analyst firm GSMA Intelligence predicts that more than four out of five people worldwide will have access to 3G networks by 2020 (up from 70 percent today), while 4G networks will cover over 60 percent of the global population by this point (up from 25 percent today).
Worldwide sales of mobile phones to end users were flat in the third quarter of 2014, according to research firm Gartner. However, sales of smartphones to end users grew 20.3 percent to reach 301 million units.
