Digital TV News: IDC

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

Serverless computing added to Limelight Edge Platform
Sep 8, 2020 – Limelight Networks (Nasdaq: LLNW) has expanded its edge capabilities by launching EdgeFunctions, a serverless compute service which allows developers to tap into the power of the company’s global network and gives them the flexibility to deploy and run their own code.
News categories: Limelight, NAGRA, Bob Lento, Jean-Philippe Plantevin, Dave McCarthy, Content Distribution, Digital TV, Worldwide

44.8 million Smart TVs to be shipped to China in 2020
Aug 27, 2020 – IDC estimates that 44.8 million smart TVs will be shipped to China in 2020 – down 4.4% on last year. However, IDC believes improvements in features will grow Smart TV consumption in the country.
News categories: IDC, Sophie Pan, China, Digital TV, Market Research, Middleware, Smart TV

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