Digital TV News: iN DEMAND

8.2% growth in Smart Speaker sales in Q1 2020 despite COVID-19
May 14, 2020 – Global sales of smart speakers in Q1 2020 reached 28.2 million units, an increase of 8.2% on Q1 2019, according to Strategy Analytics. Amazon remained the leading brand with a share of 23.5%, up from 21.5% in the same period a year ago.
News categories: Strategy Analytics, David Watkins, David Mercer, Market Research, Smart Home, Worldwide

Large-area FPD panel availability set to tighten significantly in 2021
May 11, 2020 – According to Omdia, the coronavirus crisis is impacting FPD demand and creating uncertainty. Challenged to maintain profitability in this environment, Korean suppliers have accelerated plans to completely exit LCD TV panel production in Korea in 2020.
News categories: Omdia, Charles Annis, COVID-19, Digital TV, Korea, Market Research, Smart TV, Worldwide

Non-memory semiconductor revenue to decline 7.2% in 2020
May 4, 2020 – Worldwide semiconductor revenue declined 12.2% in 2019 to $418 billion. Instead of an anticipated bottom and gradual recovery in 2020, the emergence of COVID-19 will drive another contraction in the overall semiconductor market, according to IDC.
News categories: IDC, Mario Morales, Shane Rau, Michael Palma, COVID-19, Market Research, Semiconductor, Worldwide

AR/VR IC market to grow to $7.75bn by 2026 at 23.3% CAGR
Apr 7, 2020 – According to Allied Market Research, the global AR/VR chip industry was estimated at $1.38 billion in 2018, and is expected to hit $7.76 billion by 2026, registering a CAGR of 23.3% from 2019 to 2026.
News categories: Allied Market Research, Market Research, Semiconductor, VR, Worldwide

Omdia cuts 2020 TV shipment forecast by 10 percentage points
Mar 31, 2020 – Omdia has slashed its 2020 global television shipment outlook by nearly 10 percentage points, with the market now expected to undergo a sharp downturn due to coronavirus mitigation measures initiated by governments worldwide.
News categories: Omdia, Paul Gray, Digital TV, Market Research, Smart TV, Worldwide

Smart speaker market grows 55% year-on-year to 3Q 2019
Nov 26, 2019 – According to Strategy Analytics, Amazon shipped 10.5 million of its Echo smart speakers in Q3 2019 as the company stretched its lead over its closest rivals. The total market grew 55% year-on-year with 34.9 million units shipped.
News categories: Strategy Analytics, David Watkins, David Mercer, Market Research, Smart Home, Worldwide

Consumer spending on technology to be $1.69 trillion in 2019
Oct 11, 2019 – Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to IDC. Consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period.
News categories: IDC, Stacey Soohoo, Ramon T. Llamas, Digital TV, Market Research, Worldwide

Online video viewing to reach 100 minutes a day in 2021
Sep 16, 2019 – The average person will spend 100 minutes each day watching online video in 2021, up from 84 minutes this year, according to Zenith’s Online Video Forecasts 2019 report. That’s the equivalent of watching 25 continuous days of video in 2021.
News categories: Zenith, Jonathan Barnard, Matt James, Advertising, Digital TV, Market Research, OTT, Worldwide

Global smart speaker sales grow 96% to 30.3 million in Q2 2019
Aug 14, 2019 – Global sales of smart speakers continued to soar in the second quarter of 2019, reaching 30.3 million units, nearly double the same period in 2018, according to Strategy Analytics. With a 21.9% share Amazon remained the leading brand, although its share has fallen.
News categories: Strategy Analytics, David Watkins, David Mercer, Market Research, Smart Home, Worldwide