PCR rounds up some of the latest data and analyst figures from the tech channel.
Information security product spending to climb - Gartner
Gartner has forecast the global market for information security spending will grow to $81.6 billion in 2016. This is an increase of 7.9 per cent over 2015.
The two categories that are seeing the largest amount of spend are consulting and IT outsourcing. Until the end of 2020 the highest levels of growth are expected to come from IT outsourcing, consulting, data loss prevention (DLP) and security testing.
Preventative security will also continue to show strong growth with many security enthusiasts looking to make increasing investments in more sophisticated preventative measures.
In other news, more MDR (managed detection and response) providers are now tapping into mid-market businesses. External and internal security breaches like the one that has recently blighted the cloud-based company Sage is the latest example of the need for MDR solutions.
PC game market will grow to $40 billion by 2020 - DFC
The global market for games on personal PCs is predicted to grow from $30 billion in 2015 to $40 billion by 2020.
The majority of this growth is expected to be in Asia and other emerging markets, however, European and North American markets are seeing considerable growth which is being influenced by VR, high spec games and the eSports trend.
DRAM revenues rise - TrendForce
The latest research from DRAMeXchange, a division of TrendForce, has found that global mobile DRAM revenue grew 17.2 per cent sequentially in the second quarter.
Expanding Chinese branded smartphone shipments, driven by Huawei, OPPO and Vivo, attributed to this revenue increase.
“Going into the third quarter, Apple and Samsung will increase their stock up activities as the former prepares the release of its next iPhone and the latter steps up shipments of its latest flagship Galaxy Note 7,” said Avril Wu, research director of DRAMeXchange.
Smartphone sales up in Q2 2016 - Gartner
Five top mobile phone vendors have shown significant growth with global consumer sales of smartphones tallying 334 million units in Q2 2016 - a 4.3 per cent rise over 2015.
Overall sales of mobile phones contracted by 0.5 per cent, with only five vendors from the top 10 showing growth. Among them were four Chinese manufacturers (Huawei, Oppo, Xiaomi and BBK Communication Equipment) and South Korea's Samsung.
Apple continued its downward trend with a decline of 7.7 per cent in the second quarter of 2016.
Elsewhere, Canalys’ latest market forecast shows worldwide smart phone shipments will reach just over 1.4 billion units in 2016 – a five per cent year-on-year increase.
Growth expected in contactless POS retail transactions
A new study from Juniper Research has found that the global value of contactless POS (point of sale) terminal transactions, conducted in-store via cards, mobile and wearables, will approach $500 billion annually by 2017.
This is up from an estimated $321 billion this year.
However, the low value nature of contactless payments means that it will only represent just five per cent of the total value of all POS transactions in 2017, Juniper said.