Digital TV News: IDC

Worldwide semiconductor revenue grew 10.8% in 2020
May 6, 2021 – Despite the impact of COVID-19 on the global economy, the semiconductor market performed strongly in 2020. Worldwide semiconductor revenue grew to $464 billion in 2020, an increase of 10.8% compared to 2019, according to ID).
News categories: IDC, Rudy Torrijos, Nina Turner, Mario Morales, Market Research, Semiconductor, Worldwide

Worldwide semiconductor revenue grew 5.4% in 2020, according to IDC
Feb 2, 2021 – Worldwide semiconductor revenue grew to $442 billion in 2020, an increase of 5.4% compared to 2019, according to IDC. IDC forecasts the semiconductor market will reach $476 billion in 2021.
News categories: IDC, Shane Rau, Market Research, Semiconductor, Worldwide

InterDigital announces completion of VVC and V-PCC MPEG standards
Dec 17, 2020 – InterDigital (NASDAQ: IDCC) has announced the finalization of the VVC and V-PCC video standards. VVC improves HEVC performance by 50%, while V-PCC is the first MPEG compression standard for dynamic point cloud content for immersive video experiences.
News categories: InterDigital, Lionel Oisel, Content Distribution, Digital TV, Media Player, VR, Worldwide

InterDigital and Futuresource release video sustainability report
Dec 2, 2020 – According to a study released by InterDigital (NASDAQ: IDCC) and Futuresource, sustainability will require consumers and businesses to embrace sustainable practices to offset the growing carbon footprint of the video industry.
News categories: InterDigital, Futuresource, Henry Tirri, Digital TV, Market Research, Set Top Box, Smart TV, Worldwide

Worldwide spending on AR/VR to deliver strong growth through 2024
Nov 17, 2020 – Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to accelerate out of the pandemic, growing from just over $12.0 billion this year to $72.8 billion in 2024, according to IDC.
News categories: IDC, Stacey Soohoo, Tom Mainelli, Market Research, VR, Worldwide

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

EMEA Smart Home market expected to rebound in 2H 2020
Oct 12, 2020 – The smart home market in EMEA declined 7.2% in the second quarter of 2020, compared to the same period of the previous year, according to IDC. The market accounted for 20.287 million units between April and June.
News categories: IDC, Antonio Arantes, Jan Prenosil, Digital TV, Europe, Market Research, Smart Home

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 headset market expected to grow despite short-term decline
Sep 16, 2020 – As the world continues to deal with the pandemic, the market for virtual reality (VR) headsets is expected to decline 6.7% in 2020 before returning to double-digit growth of 46.2% in 2021, according to IDC.
News categories: IDC, Digital TV, Market Research, VR, Worldwide