Digital TV News: Futuresource

Smart speakers with screens took off in 2018
Aug 9, 2019 – The global home audio hardware market grew 20% last year to reach 154 million units, with a further 19% growth projected in 2019, according to Futuresource Consulting. The sector witnessed 5% revenue growth, with trade values reaching $14.5 billion.
News categories: Futuresource Consulting, Guy Hammett, Market Research, Smart Home, Worldwide

Virtual Assistant shipments to exceed 2.3 billion in 2023
Jul 22, 2019 – The market for virtual assistants (VAs) shows strong positive momentum, driven forward by a combination of rising consumer demand and improvements in the enabling technologies, according to Futuresource Consulting.
News categories: Futuresource Consulting, Simon Forrest, Market Research, Smart Home, Worldwide

UK CE market forecast to grow 4% in 2019
Jul 18, 2019 – The UK consumer electronics retail market generated £19.2 billion in 2018, with further growth of 4% expected this year, even with the economic uncertainty surrounding Brexit, according to a forthcoming report from Futuresource Consulting.
News categories: Futuresource Consulting, Jack Wetherill, Stephen Mears, Market Research, Smart TV, UK

Worldwide TV shipment growth hits 8-year high
Jul 1, 2019 – Worldwide TV shipments are riding high, ending 2018 with the strongest growth rate this decade, with value up by 6%, according to Futuresource Consulting. 8K shipments will grow from 0.2 million units in 2019 with a 130% CAGR through to 2023.
News categories: Futuresource Consulting, Matthew Rubin, Digital TV, Market Research, Smart TV, Worldwide

Esports to break the billion-dollar barrier in 2020
Jun 11, 2019 – The rise of esports continues to present vast opportunities for pro AV, IT and broadcast companies alike. Industry revenues are on track to exceed $900m this year and poised to break the billion-dollar mark in 2020, according to Futuresource Consulting.
News categories: Futuresource Consulting, Adam Cox, Digital TV, Market Research, Worldwide

Norwegian video entertainment market grows 6% in 2018
Jun 10, 2019 – According to Futuresource Consulting, the Norwegian video entertainment market grew 6% in 2018. SVOD was the key driver and accounted for nearly a fifth of all consumer video entertainment spend, one of the highest proportions in the world.
News categories: Futuresource Consulting, Tristan Veale, Digital TV, Market Research, Norway, OTT

Global SVoD revenues to grow 25% in 2019 to $36bn
Apr 18, 2019 – SVoD continues to resonate with consumers across the globe. A report from Futuresource Consulting reveals that SVoD already reaches more than 60% of households in North America, 26% in Western Europe, 21% in Asia-Pacific and 19% in LATAM.
News categories: Futuresource Consulting, David Sidebottom, Digital TV, Market Research, OTT, Worldwide

Netflix drives Canadian SVOD spend past the billion dollar mark
Mar 26, 2019 – Overall spend on video entertainment in Canada remained flat in 2018 at CA$11.3 billion. However, the Canadian consumer’s appetite for on-demand entertainment continues to grow, according to Futuresource Consulting.
News categories: Futuresource Consulting, Tristan Veale, Canada, Digital TV, Market Research

After a period of stagnation, STB shipments on the rise again
Mar 20, 2019 – The worldwide media box market, comprising set-top boxes and media streamers, is forecast to achieve shipment growth of 1% in 2019, according to Futuresource Consulting. Shipments are on track to exceed 350 million units this year.
News categories: Futuresource Consulting, Matthew Rubin, Digital TV, Market Research, Set Top Box, Worldwide