Tech Market Snapshot: 65% of UK tech employees don’t want Brexit, 213.6m wearables to ship globally by 2020

We round up the latest news from analysts and firms to see which tech categories are doing well and which aren’t, as well as future predictions and the latest trends.

65% of UK tech employees don’t want Brexit

A new survey from Juniper Research has found that 65% of UK tech employees believe that Brexit will have a negative impact on the global tech industry.

The survey consulted employees from both UK and international firms about the likely effects of Brexit. Most of those interviewed who believed that Brexit would have a negative impact cited several reasons for their choice:

– More than 7 in 10 UK respondents who think it would be bad for the sector believe it would be harder for UK tech firms to attract and employ individuals from EU countries.

– Nearly two-thirds think that the industry would suffer as a result of reduced funding from the EU for the UK tech sector and that London would be less attractive as a tech hub.

However, the research also found that a significant minority (35%) of UK respondents believed that Brexit would either have little impact on the tech industry or else could even have a net positive effect.

Of those who believed Brexit to be positive for the tech sector, more than 80% cited less EU red tape as a benefit.

Wearables shipments to reach 213.6m units worldwide by 2020

Worldwide shipments of wearable devices are expected to reach 101.9 million units by the end of 2016, representing 29.0% growth over 2015.

According to IDC, the market for wearable devices will experience a compound annual growth rate (CAGR) of 20.3%, culminating in 213.6 million units shipped in 2020.

"Unlike the smartphone, which consolidated multiple technologies into one device, the wearables market is a collection of disparate devices," said Jitesh Ubrani, senior research analyst for IDC Mobile Device Trackers.

"Watches and bands are and always will be popular, but the market will clearly benefit from the emergence of additional form factors, like clothing and eyewear, that will deliver new capabilities and experiences.

“Eyewear has a clear focus on the enterprise as it stands to complement or replace existing computing devices, particularly for workers in the field or on the factory floor. Meanwhile, clothing will take aim at the consumer, offering the ability to capture new forms of descriptive and prescriptive data."

Digital assistant on smartphones will serve as the primary interface to connected home services by 2019

Consumers will increasingly use digital personal assistants to interact with consumer services in the connected home, according to Gartner.

The firm predicts that, by 2019, in at least 25 per cent of households in developed economies, the digital assistants on smartphones and other devices will serve as the primary interface to connected home services.

"In the not-too-distant future, users will no longer have to contend with multiple apps; instead, they will literally talk to digital personal assistants such as Apple’s Siri, Amazon’s Alexa or Google Assistant," said Mark O’Neill, research director at Gartner. "Some of these personal assistants are cloud-based and already beginning to leverage smart machine technology.

"Consumers don’t want to deal with separate proprietary apps for each type of connected device in their home," added O’Neill. "Rather than individual apps, it is the interactions between devices – as well as with service providers and external data sources – that are most compelling to consumers. These interactions make it possible to create, detect and respond to ‘business moments’, which Gartner defines as transient opportunities that are exploited dynamically using digital technology."

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