Global Technology Scorecard: Q1 2017
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- Market trends
- Subsector analysis
- Company performance indicators
Highlights - What trends did we see in Q1 2017?
- The technology sector posted strong year-over-year growth of 9% in the first quarter 2017, but a 12.9% decline quarter-over-quarter.
- Overall growth was led by the Internet, Semiconductors and System and PC Hardware sectors.
- A strong shift towards video consumption over social media platforms helped to propel the Internet sector to 22% year-over-year growth.
- Despite a continuing decline in personal PC and tablet sales, Dell's revenue grew 46% year over year due to the EMC acquisition.
- Both technology IPOs and tech M&A posted strong results in Q1 with triple digit year-over-year growth in proceeds.
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Raman Chitkara
Global Technology Leader, PwC US
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