COVID-19 (Coronavirus pandemic) News

Pandemic boosts game console market; delays 8K TV adoption
Nov 3, 2020 – The Covid-19 pandemic has boosted the game console market yet curbed flat-panel TV sales. New next-generation consoles combined with pandemic-driven demand will contribute to game console market growth in 2020.
News categories: ABI Research, Khin Sandi Lynn, COVID-19, Digital TV, Gaming, Market Research, Smart TV, Worldwide

COVID-19 pandemic accelerates cord-cutting in 2020
Oct 13, 2020 – Pay TV market growth has slowed over the past few years due to the shift in video consumption to online streaming. The COVID-19 pandemic is further accelerating the trend, according to ABI Research.
News categories: ABI Research, Khin Sandi Lynn, COVID-19, Digital TV, Market Research, Worldwide

Record single-quarter TV shipments in 3Q 2020
Oct 8, 2020 – A 20% increase in TV demand in North America, as well as deferred shipments from 1H20 due to the COVID-19 pandemic, added to the third-quarter cyclical upturn, according to TrendForce.
News categories: TrendForce, COVID-19, Digital TV, Market Research, Smart TV, Worldwide

COVID-19 boosts mobile content spend 28% in 2020
Oct 6, 2020 – COVID-19 will boost worldwide revenue on content consumed on mobile phones by 28% in 2020 according to Strategy Analytics. Over the next five years mobile media revenue is expected to approach $860 billion.
News categories: Strategy Analytics, David Kerr, Nitesh Patel, Content Distribution, COVID-19, Digital TV, Market Research, Mobile, Worldwide

Smart Home device market remains resilient despite pandemic
Sep 28, 2020 – The market for smart home devices is expected to grow from over 854 million units in 2020 to more than 1.4 billion units in 2024, according to IDC. Video entertainment devices are expected to remain the largest category.
News categories: IDC, Adam Wright, Jitesh Ubrani, COVID-19, Digital TV, Market Research, Set Top Box, Smart Home, Smart TV, Worldwide

VR market to grow despite pandemic blow to location-based segment
Sep 24, 2020 – ABI Research expects the VR market to grow in 2020 despite some negative impacts from COVID-19. The pandemic, however, has accelerated some trends and increased interest and adoption of immersive technologies.
News categories: ABI Research, Michael Inouye, COVID-19, Market Research, VR, Worldwide

Sluggish growth expected for pay TV in India
Sep 22, 2020 – Pay-TV services revenue in India is expected to grow at a lethargic CAGR of 0.7% from US$3.19bn in 2020 to US$3.30bn in 2025 due to growing user substitution to OTT platforms, according to GlobalData.
News categories: GlobalData, Deepa Dhingra, COVID-19, Digital TV, India, Market Research, Subscribers

Pay TV in Portugal grows 4.1% YoY in 1H 2020
Sep 16, 2020 – According to Anacom, in Portugal in the first half of 2020, around 89.3% of households had pay TV, 3.3 percentage points more than the previous year. The number of subscribers was 4.15 million, up 165,000 (+4.1%) year-on-year.
News categories: Anacom, COVID-19, Digital TV, Market Research, Portugal, Subscribers

MIPCOM 2020 moves entirely online
Sep 10, 2020 – MIPCOM 2020 has announced that the 36th annual international television content market will now take place entirely online as MIPCOM ONLINE+. The physical gathering is cancelled due to the continued impact of COVID-19.
News categories: MIPCOM, Laurine Garaude, COVID-19, Digital TV, Worldwide