For the storage market, judgment day will come some time in 2017. That’s when sales of solid state storage devices will exceed conventional spinning hard drive sales—at least according to a report in The Register that is based on Gartner data and estimates provided by investment firm Stifel.Stifel predicts that conventional hard disk drive (HDD)…
The global chip-on-board (COB) LED market will rise at a compound annual growth rate (CAGR) of 35.51% during 2016-2020, according to a report by market research firm TechNavio. Key COB LED vendors are listed as Citizen Electronics, Cree, Nichia, Osram Opto Semiconductors, Philips Lumileds Lighting, Samsung Electronics and Seoul Semiconductor. Other prominent vendors include Everlight…
The global mega data center market is expected to exceed $14 billion by 2019, latest Technavio report showed. The CAGR for the forecast period is over 7 percent.The growing number of Internet users is one of the major reasons for the increased adoption of data centers, Technavio said. “It is expected that 60 percent of the planet…
Expect significant growth across the global cloud backup and disaster recovery (BDR) market over the next few years, according to a new report from Technavio.The technology research firm indicated the global cloud BDR market could expand at a 12.94 percent compound annual growth rate (CAGR) between 2016 and 2020. “Cloud backup and recovery solutions securely copy the…
A combination of increased demand for high-end brands and low-cost tourism is expected to drive the global duty-free retail market until 2019, according to a new report by Technavio.Due to high consumer demand and affordable travel rates, the duty-free retail sector is expected to reach approximately $98 billion in revenue by 2019. As such, Technavio’s…
The global bread and rolls market was valued USD 187 billion in 2015 and is expected to reach almost USD 216 billion by 2020, according to a report on food and beverage industry from Technavio. The market will grow slowly at a CAGR of slightly less than 3 per cent during the forecast period. The growing…
Multi-brand retailers lead the luxury ecommerce market, representing four of the top five vendors in the space, according to a new report by Technavio.When shopping online, the luxury consumer prefers to shop in a multi-brand environment, and this inclination is expected to drive growth of luxury ecommerce through 2019, according to “Global Luxury Etailing Market…
Customization and personalization, as well as new product introductions are driving strong growth in premium cosmetics, according to a new analysis from Technavio. The report notes that the premium cosmetics market will expand at a CAGR of 4%, totaling $126 billion by 2019. “Customization and personalization of fragrances and skin care products continue to play a…
Some of the world’s largest online sellers of lingerie and women’s apparel have been named in a list of the top five vendors in the global luxury e-tailing market.Analyst firm Technavio put together the list after assessing the top contributors to the overall revenue of this market and calculating the market size based on the…
According to a market research study released by Technavio, the global pet accessories market is expected to exceed $19 billion by 2020, growing at a CAGR of over five percent during the forecast period.This research report, titled “Global Pet Accessories Market 2015-2019,” provides an in-depth analysis of the market in terms of revenue and emerging…
