COVID-19 (Coronavirus pandemic) News
Highest ever Samsung Smart TV sales in 3Q 2020
Dec 1, 2020 – Samsung sold 11.8 million smart TVs worldwide in Q3 2020. The global market for connected TV devices as a whole (including smart TVs, media streamers and games consoles) reached 81.3 million units in Q3, up 19% year-on-year.
News categories:
Strategy Analytics, Michael Goodman, David Watkins, COVID-19, Digital TV, Market Research, Smart TV, Worldwide
14% of Australians plan to cancel pay TV as a result of the pandemic
Nov 22, 2020 – A growing number of Australian consumers are cutting their pay TV subscriptions as a result of the COVID-19 pandemic, according to a survey by JWS Research for The Trade Desk (Nasdaq: TTD).
News categories:
The Trade Desk, JWS Research, James Bayes, Australia, COVID-19, Digital TV, Market Research
Telcos in Asia/Pacific performing better than expected
Nov 6, 2020 – Worldwide spending on telecommunication and pay TV services will reach $1,565 billion in 2020, representing a decline of 1.1% year on year, according to IDC. The market is not expected to achieve pre-COVID-19 spending levels until 2022.
News categories:
IDC, Asia, COVID-19, Digital TV, Market Research, Worldwide
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, Metaverse, Worldwide
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