IDC

Persistent supply shortages continued to affect the printer market and full inventories are not expected until 2023.

Worldwide tablet shipments reached 40.5 million units during the second quarter of 2022 (2Q22), posting year-over-year growth of 0.15%, according to preliminary data from research firm IDC.

What started out as a supply-constrained industry earlier this year has turned into a demand-constrained market.

This was the second consecutive quarter of lower shipments following two years of growth.

In particular, employees’ access to insecure devices, networks, and data resources poses significant challenges to organizations implementing a hybrid work model.

Spending continued to consolidate in 2021 with the combined revenue of the top 5 public cloud service providers (Microsoft, Amazon Web Services, Salesforce, Google, and SAP) capturing nearly 40% of the worldwide total and growing 36.6% year over year.

The largest consumer Internet demand will come from a number of markets in the region, including the Philippines, Malaysia, and Indonesia.

Although the result was higher than expected, the trend still conformed to expectations of a slowing market which began in the second half of 2021.

Research firm IDC said the Philippines should prioritize capacity-building, which entails change management to teach Filipinos how to use the digital technologies available to them and applying relevant KPIs in assessing the performance of e-government platforms from user and productivity standpoints.

The decline is largely attributable to cooling demand as consumers begin to spend more in categories outside of wearables following years of precipitous growth that were further amplified during the pandemic.