ABI Analysis Analysts share how know-how will play a key function in navigating the financial, political, and enterprise headwinds now shaping transformation know-how markets
NEW YORK, Sept. 23, 2022 /PRNewswire/ — A number of massively disruptive political, financial, and social headwinds—hovering rates of interest, looming meals and power shortages, a devastating and unnecessary conflict, and the altering nature of labor–are creating an particularly difficult local weather. In keeping with world know-how intelligence agency ABI Analysis, these headwinds will result in a 7% year-over-year decline within the smartphone market.
“The difficult headwinds and notable stock corrections conspired to outweigh any progress potential in 1H 2022, which has tempered smartphone demand amid a interval of weak seasonality,” stated David McQueen, Client Applied sciences Analysis Director at ABI Analysis. “In response, ABI Analysis’s forecasts for world smartphone shipments in 2022 and 2023 have been adjusted downward from authentic estimates, by way of each complete market and 5G units, with susceptibility to modifications within the financial local weather and geopolitical volatility mirrored rationally within the revised information. The present expectation is that the overall market will decline 7% 12 months-over-12 months (YoY) in 2022 to succeed in 1.24 billion items, whereas 5G smartphones will develop 15% in 2022 to round 683 million versus a beforehand anticipated enhance of 28%. By 2024, ABI Analysis anticipates that markets will likely be again on observe to hyperlink with earlier forecast trajectories.”
McQueen shared his findings in ABI Analysis’s new whitepaper, 2022 State of Know-how Report: The Way forward for Know-how in a Tumultuous World. ABI Analysis analysts from all through the globe have compiled their observations, analyses, and proposals for crucial applied sciences and finish markets.
Stuart Carlaw, Chief Analysis Officer, concludes, “We should always heed one of the essential enterprise classes discovered throughout 2020—that know-how is not going to be a casualty of uncertainty, however slightly a instrument to beat it. Corporations that embrace, spend money on, and deploy know-how properly will undoubtedly emerge stronger and higher ready to deal with the following spate of challenges on the horizon, regardless of the climate.”
To be taught extra about how difficult financial, political, and enterprise headwinds will form transformation know-how markets, together with 5G, Automotive, Digital Safety, and Sensible Residence, and the way know-how will play a key function in navigating this distinctive panorama, obtain the 2022 State of Know-how Report: The Way forward for Know-how in a Tumultuous World.
About ABI Analysis
ABI Analysis is a worldwide know-how intelligence agency delivering actionable analysis and strategic steerage to know-how leaders, innovators, and determination makers around the globe. Our analysis focuses on the transformative applied sciences which can be dramatically reshaping industries, economies, and workforces at this time.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For extra details about ABI Analysis’s providers, contact us at +1.516.624.2500 within the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or go to www.abiresearch.com.
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SOURCE ABI Analysis
