Digital TV News: IDC

COVID-19 to have limited impact on telecoms and pay TV spending in 2020
May 15, 2020 – Worldwide spending on telecommunications and pay TV services will reach nearly $1.6 trillion in 2020, a decrease of 0.8% compared to 2019, according to IDC. IDC expects the decline to continue in 2021, but at a somewhat lower degree.
News categories: IDC, Kresimir Alic, COVID-19, Digital TV, Market Research, Worldwide

Non-memory semiconductor revenue to decline 7.2% in 2020
May 4, 2020 – Worldwide semiconductor revenue declined 12.2% in 2019 to $418 billion. Instead of an anticipated bottom and gradual recovery in 2020, the emergence of COVID-19 will drive another contraction in the overall semiconductor market, according to IDC.
News categories: IDC, Mario Morales, Shane Rau, Michael Palma, COVID-19, Market Research, Semiconductor, Worldwide

AR/VR IC market to grow to $7.75bn by 2026 at 23.3% CAGR
Apr 7, 2020 – According to Allied Market Research, the global AR/VR chip industry was estimated at $1.38 billion in 2018, and is expected to hit $7.76 billion by 2026, registering a CAGR of 23.3% from 2019 to 2026.
News categories: Allied Market Research, Market Research, Semiconductor, VR, Worldwide

Limelight adds serverless computing to its edge services platform
Mar 24, 2020 – Limelight (Nasdaq: LLNW) has introduced EdgeFunctions, a distributed serverless computing capability. EdgeFunctions allows developers to run code in Limelight's CDN locations, taking advantage of the company's global scale.
News categories: Limelight Networks, Nigel Burmeister, Ghassan Abdo, Advertising, Big Data, Content Distribution, Content Protection, Digital TV, OTT, Worldwide

COVID-19 to have significant effect on the semiconductor market
Mar 18, 2020 – IDC has reported on potential impact of the COVID-19 virus on the semiconductor market. Their report provides a framework to evaluate the market impact through four scenarios that assess the range of possible outcomes.
News categories: IDC, Mario Morales, COVID-19, Market Research, Semiconductor

InterDigital releases report on streaming video delivery
Dec 18, 2019 – InterDigital (NASDAQ: IDCC) has released a study outlining how the advent of streaming media use cases like VR, AR and cloud gaming is increasingly pushing data boundaries, while edge computing, multicasting, and more efficient codecs present solutions to this video-driven future.
News categories: InterDigital, Laurent Depersin, Content Distribution, Digital TV, Market Research, OTT, VR, Worldwide

Worldwide spending on AR/VR expected to reach $18.8bn in 2020
Nov 27, 2019 – Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to be $18.8 billion in 2020, up 78.5% versus the $10.5 billion IDC expects will be spent in 2019. Continued strong growth is predicted for the 2019-2023 period.
News categories: IDC, Giulia Carosella, Marcus Torchia, Market Research, VR, Worldwide

Consumer spending on technology to be $1.69 trillion in 2019
Oct 11, 2019 – Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to IDC. Consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period.
News categories: IDC, Stacey Soohoo, Ramon T. Llamas, Digital TV, Market Research, Worldwide

Smart home devices to maintain steady growth through 2023
Sep 23, 2019 – The worldwide market for smart home devices is expected to grow 23.5% YoY in 2019 to nearly 815 million device shipments, according to IDC. Shipments are forecast to be more than 1.39 billion in 2023 giving a CAGR of 14.4%.
News categories: IDC, Adam Wight, Jitesh Ubrani, Digital TV, Market Research, OTT, Smart Home, Smart TV, Worldwide