IDC

The wrist-worn device market includes smartwatches and wristbands.

The Philippines still sees room for growth for ink cartridge machines due to back-to-school and home printing, and opportunities from first-time users.

The report, IDC said, highlights the urgent need for enhanced cybersecurity measures to counteract increasingly sophisticated threats.

The top five public cloud service providers for Asia/Pacific excluding Japan and China – Amazon Web Services (AWS), Google, Microsoft, Salesforce, and SAP – remained the same as last year.

A new report from research firm IDC has revealed the normalization of memory applications and inventory levels, driven by a stabilizing device market and the demand for AI training and inference in data centers during the first quarter of 2024.

The results benefited from a favorable comparison to the prior year's quarter and were driven by product refreshes from many top vendors and a replacement cycle combined with inventory replenishment.

The preliminary market results showed that Samsung captured the top position in 2Q24 with 18.9% share of shipments, thanks to a strategic focus on its flagships and a strong AI strategy.

The traditional PC market delivered its second quarter of growth following seven consecutive quarters of decline.

IDC forecasts worldwide public cloud services revenue will surpass $800 billion in 2024, an increase of 20.5% over 2023 with a similar increase expected in 2025.

The wearables market began 2024 with a growth spurt as global shipments of wearable devices grew 8.8% year over year in the first quarter (1Q24) to 113.1 million units, according to new data from IDC.