More than 11 per cent lower
Global semiconductor revenue is projected to decline 11.2 per cent in 2023, according to the latest forecast from Gartner.
Gartner groups latest figures
Number crunchers at analyst outfit Gartner have had an extra crunch and concluded that worldwide IT spending is projected to total $4.6 trillion in 2023, an increase of 5.5 per cent from 2022.
Global economy and consumer demand goes down the loo
Beancounters at Gartner have consulted their tarot cards and predicted that semiconductor revenue growth is now going to decline by 3.6 per cent in 2023 due to the “rapid deterioration” of the global economy and weakening consumer demand.
9.5 percent worldwide
Beancounters at Gartner suggest the market is on course for a breathtaking decline this year.
Just like the old days
Market research firms Gartner and IDC have added up some numbers and divided by their shoe size and worked out that the worldwide PC market has grown again throughout 2021, as demand for traditional PCs continued during a global chip shortage.
5G is the cause
Beancounters at analyst outfit Gartner have been consulting their Tarot cards and rattling their collective bones to divine that there is a recovery underway for the smartphone market.
Longer if stupid people continue to set fire to towers
Beancounters at Gartner have been shuffling some tarot cards and reached the conclusion that 5G is not going to save the telco industry this year.
But cloud still making money
Beancounters at Gartner have added up some numbers and divided them by their collective shoesize and reached the conclusion that global tech spending will drop eight percent in 2020.
Increase of 3.4 percent
Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4 percent from 2019, according to the latest forecast by Gartner.
Hyperautomation, blockchain and artificial intelligence security
Analyst outfit Gartner has been shuffling its tarot deck to do do some predictions for this year's disruptive tech.