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TrendForce Says Global Market Value for Voice Recognition Will Register CAGR of 43.64% During 2016~2021 as Applications for AI Expands

19 January 2017

Development of AI systems and their applications will continue to revolve around voice and image recognition technologies in 2017. According to market research firm TrendForce, the global market value of voice recognition solutions is projected to grow from US$2.61 billion in 2016 to US$15.98 billion in 2021, with the CAGR in the forecast period at 43.64%. The main source of growth momentum will come from the widespread adoption of voice-based virtual assistants in various devices.

Demand for xEV Batteries to Grow 17% Annually in 2017 on Back of Recovery of China’s xEV Market

8 December 2016

Global volume demand for lithium batteries that power xEVs (plug-in vehicles) is estimated to reach 1.7 billion units in 2016 and grow by 17% annually to 2 billion units in 2017, according to EnergyTrend, a division of TrendForce. EnergyTrend reports that the China has taken measures to curb excessive subsidy payments to domestic xEV manufacturers during the second half of 2016. Thus, the delay in subsidy payments and investigation on potential cases of subsidy fraud have impacted market demand for xEV batteries in the short term. With the investigation winding down, China’s xEV market is expected to make full recovery and again become the key demand driver for xEV batteries in 2017.

Qualcomm Leads Global Ranking of Top 10 Fabless IC Design Companies Based on Annual Revenue for 2016, Says TrendForce

5 December 2016

Qualcomm CDMA Technologies (abbreviation QCT, here referred to as Qualcomm) tops the projected ranking of the top 10 fabless IC design houses worldwide based on annual revenues for 2016, according to TrendForce’s analysis. Broadcom Limited is expected to be runner-up, while MediaTek will take third place. The ranking positions of these three companies are fairly secure in the short term because collectively they would represent about 65% of the total revenue generated all the design houses that are listed on this year’s top 10 ranking.

TrendForce Estimates Annual Sales Revenue Worldwide from Fabless IC Design to Drop 3.2% in 2016 but Will Grow 3.4% in 2017

29 November 2016

The latest estimate from market research firm TrendForce puts sales revenue worldwide from fabless IC design for 2016 at US$77.49 billion, a decline of 3.2% from 2015. However, TrendForce expects strong growth in several application markets in 2017, such as automotive electronics. The global fabless IC design industry’s annual sales revenue will grow again in 2018 by 3.4%, totaling around US$80.59 billion.

TrendForce IT Industry Forecast for 2017 Highlights Rapid Expansion of IoT Applications and Strong Demand for Innovative Technologies

10 November 2016

Global market research firm TrendForce held its IT Industry Forecast for 2017 on November 10 in Room 101 of National Taiwan University Hospital (NTUH) International Convention Center. Below is a summary of presentations made by the analysts at the event’s afternoon session:


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