IDC

While PCs remain in extremely high demand, the growth rate benefitted from the shortages faced in the first quarter of 2020 when the global pandemic began, resulting in an unusually favorable year-over-year comparison.

The demand was overwhelming for inkjet machines, causing various out of stock situations to arise across vendors.

The pandemic has been good for the wearables market as it has put health and fitness at the forefront of many consumers’ minds.

Market value declined 12.3% for the whole year, however, due to low shipments of high-end office devices.

Garmin's Instinct E-sports Edition smartwatch, which is specifically targeted at the gaming industry, uses a dedicated e-sports activity function to track and analyze heart rate and stress during play, as well as offer long-term trend analysis.

The market for traditional PCs grew 13.1% year over year for the full year 2020 with the catalysts being work from home, remote learning, and restored consumer demand.

Much of the growth continues to be driven by mature markets in which trade-in emulates a form of subsidy to push consumers to upgrade, according to research firm IDC.

The figure is more than average for all organizations in the region (74%) but still less than Asia Pacific culture of innovation leaders, where almost all (98%) agree that innovation is a necessity to staying resilient during a crisis.

The surge was driven by seasonality, new product launches, and the global pandemic. New products from the likes of Apple, Samsung, and others helped renew interest in popular categories such as smartwatches and hearables.

When OT and IT come together, newer and larger security risks will emerge and organizations must be prepared to protect their assets.