Digital TV News: Jitesh Ubrani

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

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

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

Facebook leads VR headset market in Q1 2021
Jun 30, 2021 – Global shipments of VR headsets grew 52.4% year over year in the first quarter of 2021, according to IDC. The growing popularity of gaming, as well as fitness, has helped spread consumer awareness of VR.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Market Research, Metaverse, Worldwide

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, Metaverse, 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, Smart Home, Smart TV, Streaming, Worldwide

AR/VR headsets return to growth in Q1
Jun 26, 2019 – The worldwide AR and VR headset market returned to growth after a year of decline as global shipments during the first quarter of 2019 (1Q19) reached 1.3 million, up 27.2% from the same quarter last year, according to IDC.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Market Research, Metaverse, Worldwide