Digital TV News: Omdia

Streaming video revenues in MENA to surpass $1.2bn in 2024
May 29, 2024 – The OTT video streaming market in the MENA region experienced robust growth in 2023, with Omdia data reporting a 13% increase across the region and revenues exceeding $1 billion.
News categories: Omdia, Maria Rua Aguete, CABSAT, Digital TV, Market Research, Middle-East, Streaming

Pluto TV FAST platform draws movie enthusiasts in droves
May 16, 2024 – Research from Omdia and PlumResearch reveals that 43% of all viewing on Pluto TV is attributed to its FAST movie channels, underscoring the platform's dominance in the streaming landscape.
News categories: Omdia, PlumResearch, Maria Rua Aguete, Digital TV, Europe, Latin America, Market Research, North America, Streaming

Vantiva has shipped 22 million Android TV set-top boxes
Apr 16, 2024 – Vantiva (Paris: VANTI) has announced that it has sold 22 million Android TV set-top boxes to date. The company had a 25% market share as of the end of 2023 according to the latest Omdia STB report.
News categories: Vantiva, Google, Leopold Diouf, Shalini Govil-Pai, Android TV, Digital TV, Market Research, Set Top Box, Worldwide

Free viewing increases lead over SVOD
Mar 13, 2024 – According to Omdia, the number of SVOD services per home has declined in a number of markets for the first time. Simultaneously, free video stacking is still on the rise.
News categories: Omdia, Maria Rua Aguete, Brazil, Digital TV, France, Germany, Market Research, Spain, Streaming, UK, USA

TCL ranked as Top 2 global TV brand for second consecutive year
Feb 28, 2024 – According to Omdia, in 2023 TCL maintained its second position in the global TV market for the second year in a row with shipments of 25.26 million units, representing a 12.5% market share.
News categories: TCL, Omdia, Digital TV, Market Research, Smart TV, Worldwide

Samsung ranked No. 1 global TV brand for 18th consecutive year
Feb 19, 2024 – Omdia has reported that Samsung achieved a 30.1% share of the global TV market in 2023, reinforcing its status as the industry leader since 2006.
News categories: Samsung, Omdia, SW Yong, Digital TV, Market Research, Smart TV, Worldwide

U.S. home entertainment spending up 16.8% in 2023
Feb 7, 2024 – According to DEG, overall U.S. consumer spending on digital and physical home entertainment formats in 2023 was $43 billion, a 16.8% increase from the almost $37 billion consumers spent in 2022.
News categories: Digital Entertainment Group, Digital TV, DVD, Market Research, Streaming, USA

Prime Video ads to generate over $2bn in revenue in 2024
Jan 30, 2024 – Analysis from Omdia reveals that ad-supported Prime Video is set to generate more than $2bn in incremental revenue in 2024, its launch year, in addition to revenue already generated by ads during live sports.
News categories: Omdia, Matthew Bailey, Advertising, Digital TV, Market Research, Streaming, Worldwide

Omdia research reveals SVOD ‘stacking’ has fallen
Jan 24, 2024 – According to Omdia, consumers are becoming more selective in their subscription video on demand (SVOD) choices, partly driven by the increasing popularity of FAST channels.
News categories: Omdia, Maria Rua Aguete, Digital TV, Market Research, Streaming, Worldwide