The market dynamics section of the report examines the diverse factors which govern the process of manufacturing, distribution, and usage of automotive telematics, globally. This analysis will provide an in-depth understanding of the direction in which the market is headed, and the impact of various factors on the same. This chapter covers the major market dynamics, namely: the drivers, restraints, and the opportunities in the automotive telematics market, listing and analyzing several factors that positively and negatively affect the automotive telematics industry. This chapter also includes a section on industry attractiveness (evolution of telematics and pricing analysis).

Digital textile printing has come of age in recent decades. Digitization is reverberating throughout the process, the equipment, and the workflow of textile printing offering a plethora of benefits. The market has taken a generational leap with rapid improvements and technological advancements throughout the supply chain. The number of patents that are being registered is just the sign of the gravity of development that is taking place.

Colocation providers and telecommunication service providers are major contributors to the market revenue along with hyperscale cloud data center developers. The growth of strong fiber connectivity, reliability in power supply, and high demand for data center services from industries such as BFSI, IT, and healthcare are major factors that drive service providers to develop data centers in Latin America. The market has witnessed the increased construction of large and mega data center facilities with a power capacity of more than 5 MW. The investment of large facilities across Latin America will continue to yield high revenue to the market during the forecast period.

In 2017, the data center market in US added about 100 new data center facilities, covering about 10 million square feet of space and increasing power capacity by 1.2 GW. Major contributors to the market investment were colocation and cloud service providers. The colocation data center development contributed about 80% in 2017, with major investments identified in Southeastern and Southwestern regions across states such as Virginia and Texas. The investment by hyperscale operators was identified across the US, with many focussed on the mid-western and western data center market regions such as Iowa and Oregon.

上周，腾讯、网易相继公布 18Q1 业绩。腾讯 18Q1 游戏业务高增长继续，社交广告异军突起，实现总收入 735.28 亿元，YoY+48%；游戏业务收入 287.78 亿，YoY+26%；广告业务收入 106.89 亿元，其中社交及其他广告收入增长 69%至 73.90 亿元。哔哩哔哩业绩步入快速爆发期，多元变现潜力可观；头部手游 FGO、碧蓝航线表现持续优异；去年末搭建广告平台，原生+信息流广告业务有望获得快速突破；直播业务变现空间或得以迅速拓宽。

计算机行业营收盈利能力继续加强，成长性良好。2017年计算机行业营业总收入增速高达34.04%，归母净利润增速为28.12%，而2018年第一季度计算机营业收入和归母净利润同比增速分别为32.19%和8.40%，维持在较高水平。从均公司创利角度来看，2017年均公司创利为1.82亿元，同比增加28.12%，比去年同期提高13.7个百分点，增速提升显著。均公司创利能力的提高意味着计算机行业整体盈利能力持续提高，高成长性特征突出。

近年来，全球能源需求增长缓慢，能源转型推动新能源快速发展，能源消费结构清洁化趋势明显。在新政策情景下，我国的能源需求增长速度每年下降1%左右，从2004年高达16.84%的增速一路下降至2015年的低点0.96%，不到自2000年以来的年平均水平的六分之一。截至2016年，我国能源消费构成中，煤炭和石油占比已经从2000年的90.5%下降至80.3%，而能源供给构成中，天然气、水电、核电和风电等能源供给也一直在稳步增加。然而我国能源供给结构依然存在大量痛点，包括供给垄断、结构转变缓慢、清洁化不足、价格非理性和供给动力不足等问题。自09年以来，国家开始大力推进能源行业的供给侧改革，卓有成效但阻力依旧。

据工信部《2018中国泛娱乐产业白皮书》披露，2017年，我国泛娱乐核心产业产值约为5484亿元，同比增长32%。另据中国产业信息网统计，2017年我国电影总票房达到559.11亿元，较2016年同期增速回暖明显，北美市场已连续五年处于增长停滞，因此预计在2018年中国将超越美国成为世界上最大的票房收入市场,。从文娱行业投资情况看，2017年市场在文娱领域的投资逐渐走向理性。2017年，文化娱乐在一级市场的投资事件总数为917起，同比减少37.15%；然而，2017年文娱投资总金额达到672亿元左右，与2016年的607亿元相比，同比增长9.6%。从投资轮次上看，2017年，文娱产业越来越多地在中后期获得融资，天使轮融资事件的占比显著下降。IP在文娱市场上的贡献看，截止2017年末，国内电影市场票房TOP50中原创电影占56%，IP电影占44%，但IP电影票房总量占据了TOP50票房总量的67%。在内容付费上，用户对于优质内容需求日渐提升，付费意愿逐步上升。

互联网广告市场规模达 3884亿元，在整体广告中渗透率达 56%，移动互联网广告在互联网广告中渗透率达 68%。流量向头部集中，TAB 的 TOP100 APP 2018 年 4 月 MAU 加总分别为 48 亿、24.64 亿、21.31 亿，因而广告收入也呈集中化态势，互联网广告 CR3、CR5、CR10 分别从 2015 年的 60.3%、64.6%、71.1%增长至 64.7%、71.2%、78.6%。

板块表现领跑全行业，政策主题持续驱动。计算机行业从2018年初至5月4日实现上涨8.9%，表现位居行业第2位，跑赢同期沪深300指数14.98个百分点。在经历连续9个季度配置下调后，行业配置在2018Q1首次迎来提升，环比17Q4提升近2.4个百分点；同期，在中央高层“自主可控”与多行业“互联网+”的政策驱动下，板块估值提升趋势明确，29个板块中排名第2位。