Digital TV News: IDC

Smart Home device growth slows along with global economy, says IDC
Oct 3, 2022 – According to IDC, consumer buying continues to cool as macroeconomic issues persist. Smart home device shipments are expected to remain at 897.4 million with major categories such as smart speakers and TVs facing single digit declines.
News categories: IDC, Jitesh Ubrani, Adam Wright, Digital TV, Market Research, Smart Home, Worldwide

Global telecoms market saw growth in 2021 except in pay TV
May 6, 2022 – Worldwide spending on Telecom and Pay TV services reached $1.566 billion in 2021, an increase of 1.6% year over year, according to IDC. IDC expects spending to increase by 1.4% in 2022 to reach a total of $1,588 billion.
News categories: IDC, Kresimir Alic, Digital TV, Market Research, Worldwide

Smart Home device market grew 11.7% in 2021
Apr 25, 2022 – The worldwide market for smart home devices grew 11.7% in 2021 compared to 2020 with more than 895 million devices shipped, according to IDC. IDC expects the smart home device market to see steady growth over the next five years.
News categories: IDC, Adam Wright, Jitesh Ubrani, Digital TV, Market Research, Smart Home, Worldwide

MainConcept to demo cloud-ready 8K encoding at NAB Show 2022
Apr 20, 2022 – At their NAB Show booth, MainConcept will highlight their advancements in 8K-optimized cloud encoding and illustrate why MainConcept’s technologies are essential ingredients used in processing over 90% of today’s professional videos.
News categories: MainConcept, Deacon Johnson, Content Distribution, Digital TV, NABShow, Worldwide

AR/VR headset shipments grew dramatically in 2021
Mar 21, 2022 – The worldwide market for augmented reality and virtual reality (AR/VR) headsets grew 92.1% year over year in 2021 with shipments reaching 11.2 million units, according to IDC. The holiday quarter was a major driver for the industry.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Market Research, Metaverse, Worldwide

Global Smart Home devices market up 10.3% in 3Q 2021
Dec 9, 2021 – The worldwide market for smart home devices grew 10.3% Y-o-Y in the third quarter of 2021 with more than 221.8 million device shipments, according to IDC. Consumer demand remained high for devices such as smart TVs, smart speakers, and others.
News categories: IDC, Adam Wright, Jitesh Ubrani, Digital TV, Market Research, Smart Home, Smart TV, Worldwide

InterDigital report details impact of AI/ML on video entertainment
Dec 7, 2021 – A recent white paper commissioned by InterDigital (NASDAQ: IDCC) and written by Futuresource Consulting examines the industry influence of artificial intelligence (AI) and machine learning (ML) on applications across the video supply chain.
News categories: InterDigital, Futuresource, Henry Tirri, Simon Forrest, Content Distribution, Digital TV, Market Research, Worldwide

IDC raises worldwide connectivity services market forecast
Nov 5, 2021 – Worldwide spending on telecommunications and pay TV services is forecast to reach $1.5 trillion in 2021, representing an increase of 1.0% over 2020, according to IDC.
News categories: IDC, Kresimir Alic, Digital TV, Market Research, Worldwide

Continued robust growth for Wearables, AR/VR Headsets, and Smart Home
Oct 4, 2021 – The total value of AR/VR headsets, smart home devices, and wearables is expected to reach $369.6 billion by the end of this year and swell to $524.9 billion by the end of 2025 according to IDC.
News categories: IDC, Tom Mainelli, Adam Wright, Ramon T. Llamas, Gaming, Market Research, Metaverse, Smart Home, Worldwide