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Research Sep 2023
... Access Insights Already a Gartner client? The device market is expected to decline by 10.2% in 2023 to 1.631 billion units before recovering by 4.6% in 2024. The PC market is expected to decline by 13.8% and the mobile phone market by 9.6% in 2023. Table of Contents List of Tables Overview Gartner Recomme ...

Analyst(s):   Divyanshu Singh   |   Ranjit Atwal   |   Rishi Padhi   |   Anshul Gupta   |   Roberta Cozza   |   Rounak Bhattacharyya   |   Tracy Tsai   |   Namrata Banerjee   |   Mikako Kitagawa
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Premium Research Aug 2023
... Gartner forecasts a 12.3% drop in semiconductor revenue for 2023 at $525.9 billion. Memory will decline 40.6% and lead the downturn cycle, while nonmemory revenues will decline by 3.4% in 2023. Semiconductor revenue will go up 20.4% in 2024 as demand rebounds from most application lines. Gartner Insi ...

Analyst(s):   Shrish Pant   |   Anushree Verma   |   Bob Johnson   |   Rajeev Rajput   |   Samuel Wang   |   Kanishka Chauhan   |   Alan Priestley   |   Nikita Singh
Research Sep 2020
... Access Insights Already a Gartner client? The impact of COVID-19 has been significant on the mobile phone market with an expected decline of 17.4% in units in 2020. In 2021, the market will see a relative recovery of 6.6%. Table of Contents List of Tables Overview Gartner Recommended Reading Gartner Insigh ...

Analyst(s):   Ranjit Atwal   |   Mikako Kitagawa   |   Tuong Nguyen   |   Annette Jump   |   Namrata Banerjee   |   Rishi Padhi   |   CK Lu   |   Annette Zimmermann   |   Roberta Cozza
Research Dec 2023
... Access Insights Already a Gartner client? In 2023, global IT spending growth slowed down to 4.8% in constant currency, after a strong 2022 performance of 8.7%, partly due to a cautious response to a tepid macroenvironment. The growth is forecast to rebound to 7.0% in 2024, reaching $5 trillion. Table o ...

Analyst(s):   Adrian O'Connell   |   Linglan Wang   |   John-David Lovelock   |   Ranjit Atwal   |   Arunasree Cheparthi   |   Amarendra .   |   Grigory Betskov   |   Megan Fernandez   |   Srujan Akurathi
Research Dec 2021
... Access Insights Already a Gartner client? The phone market in 2021 is expected to recover with a growth of 5.3% and then an increase of 4.5% in 2022, taking the market to 1.64 billion units. However, 2021 volumes sold will be 186 million lower than the 2019 market size. Table of Contents List of Tables O ...

Analyst(s):   Namrata Banerjee   |   Annette Jump   |   Rishi Padhi   |   Tuong Nguyen   |   Anshul Gupta   |   Mikako Kitagawa   |   Ranjit Atwal   |   Roberta Cozza   |   Annette Zimmermann
Research Jan 2023
... Access Insights Already a Gartner client? The device market is expected to decline 4.4% in 2023, with consumer and business demand remaining weak due to reduced spending in a recessionary economic environment. Gartner expects the market for desktops and laptops to decline faster at 6.8% in 2023 and th ...

Analyst(s):   Ranjit Atwal   |   Mikako Kitagawa   |   Rishi Padhi   |   Namrata Banerjee   |   Roberta Cozza   |   Annette Jump   |   Annette Zimmermann   |   Rounak Bhattacharyya   |   Tracy Tsai
Research Sep 2023
... Access Insights Already a Gartner client? In 2023, global IT spending growth slows down to 4.4% in constant currency, due to the cautiousness towards a tepid macro-environment. The growth will rebound to 6.8% in 2024, exceeding $5 trillion. Table of Contents List of Tables Overview Gartner Recommended Rea ...

Analyst(s):   John-David Lovelock   |   Srujan Akurathi   |   Grigory Betskov   |   Arunasree Cheparthi   |   Ranjit Atwal   |   Amarendra .   |   Megan Fernandez   |   Linglan Wang   |   Adrian O'Connell
Research Jun 2022
... Access Insights Already a Gartner client? The phone market in 2022 is expected to decline by 7.1% and then recover by 4.8% in 2023, taking the market to 1.53 billion units. However, 2023 volumes sold will still be 228 million lower than the 2019 market size. Table of Contents List of Tables Overview Gartn ...

Analyst(s):   Tuong Nguyen   |   Annette Zimmermann   |   Namrata Banerjee   |   Annette Jump   |   Roberta Cozza   |   Mikako Kitagawa   |   Anshul Gupta   |   Rishi Padhi   |   Ranjit Atwal
Premium Research Feb 2023
... Semiconductor revenue increased 1.1% to $601.7 billion in 2022. Memory declined 10%, while nonmemory grew 5.4%. A deteriorating global economy, causing a slowdown in business investment and reducing disposable income, is weakening consumer demand and will lead to a 6.5% decline in revenue for 2023. G ...

Analyst(s):   Samuel Wang   |   Anushree Verma   |   Rajeev Rajput   |   Joseph Unsworth   |   Bob Johnson   |   Kanishka Chauhan   |   Nikita Singh   |   Andrew Norwood
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