Digital TV News: International Data Corp

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, 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

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

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

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