Type of Article: MacTech Blog

Residential smart light bulb market to approach a quarter of a billion annual shipments by 2020

The market for connected LED or “smart” light bulbs is in its embryonic stage of development, with shipments totaling fewer than 2.5 million units in 2013.

However, falling LED prices and the endorsement of ZigBee Light Link as the preferred connectivity solution by a number of leading lighting manufacturers means that annual smart bulb shipments are set to increase to 223 million by 2020, achieving a total installed base of over 400 million, according to ABI Research (www.abiresearch.com).

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IDC: public IT cloud spending with reach $127 billion in 2018

Public IT cloud services spending will reach US$56.6 billion in 2014 and grow to more than $127 billion in 2018, according to a new forecast from International Data Corporation (www.idc.com), which is about six times the rate of growth for the overall IT market. In 2018, public IT cloud services will account for more than half of worldwide software, server, and storage spending growth.

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Revenues for aftermarket accessories to hit US$51 billion by the end of 2014

ABI Research (www.abiresearch.com) says that mobile phone accessories in the aftermarket will generate revenues of US$51.1 billion by the end of 2014.

Protective carry cases continue to generate the highest revenues and shipment numbers (US$13 billion and 556,855,035 respectively) with additional chargers and memory cards among the other major contributing product categories.

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