Digital TV News: Omdia

Semiconductor market begins to shrink
Nov 22, 2022 – The semiconductor market has had an exceptional run of sequential revenue growth during the COVID-pandemic period. Now the market has begun to shrink. 3Q22 semiconductor revenue was down 7% from the previous quarter.
News categories: Omdia, Cliff Leimbach, Market Research, Semiconductor, Worldwide

12.5m consumer VR headsets to be sold in 2022
Nov 17, 2022 – Consumer VR will be worth $6.9bn in 2022, increasing to $20bn in 2027, according to Omdia. In the face of macroeconomic challenges, the market continues to expand, with 12.5 million headsets expected to be sold in 2022.
News categories: Omdia, George Jijiashvili, Digital TV, Market Research, Metaverse, Worldwide

Omdia expects display demand to rebound in 2023
Nov 8, 2022 – Omdia's latest tracker indicates that area demand for displays in 2023 will grow by 6.2% year-on-year (YoY). Plummeting demand has bottomed out, thereby making way for a rebound to normalization in demand by the second half of 2023.
News categories: Omdia, Ricky Park, Digital TV, Market Research, Smart TV, Worldwide

500 million connected cars provide major new opportunity for media companies
Oct 11, 2022 – The connected car market is the latest battleground for media companies, as they prepare to fight for a piece of an addressable market that will be comparable in scale to that of pay TV set-top boxes by 2025, according to Omdia.
News categories: Omdia, Daniel Sutton, 5G, Digital TV, In-Car, Market Research, Worldwide

Online video advertising to generate three times more revenue than SVOD in 2027
Sep 29, 2022 – In the next five years, online advertising revenues will almost double from $190 billion in 2022 to $362 billion in 2027 according to Omdia. By 2027 nearly 60% of global Netflix subscribers will be on the ad-supported tier.
News categories: Omdia, Maria Rua Aguete, Digital TV, Market Research, Streaming, Worldwide

Smart speaker shipments exceeded 33 million in 2Q 2022
Sep 28, 2022 – The US smart speaker market continued to contract during 2Q22, posting a decline of 14% year-over-year (YoY) according to Omdia’s latest quarterly smart speaker tracker.
News categories: Omdia, Teik Chuan Goh, Digital TV, Market Research, Smart Home, USA, Worldwide

Semiconductor market slowdown picks up speed
Sep 22, 2022 – The second quarter of 2022 was the third consecutive quarter of weakening revenue growth for the semiconductor market, with the market now in decline according to Omdia’s Competitive Landscape Tracker.
News categories: Omdia, Digital TV, Market Research, Semiconductor, Worldwide

Xperi shows TiVo OS, plus pay TV and Vewd solutions for operators, at IBC
Sep 9, 2022 – At IBC 2022, Xperi (NASDAQ: XPER) has announced solutions for pay-TV operators that combine the best of TiVo OS and Vewd, establishing Xperi as a leading independent media platform for Smart TVs, connected cars and pay-TV operators.
News categories: Xperi, Gabriel Cosgrave, Chris Ambrozic, Digital TV, IBC2022, Set Top Box, Smart TV, UX, Worldwide

Global installed base of smart home devices exceeds 2bn in 2022
Aug 15, 2022 – The global smart home market is expected to experience consecutive years of softening growth starting in 2021 before an upward trajectory resumes in 2023, according to Omdia.
News categories: Omdia, Blake Kozak, Market Research, Smart Home, Worldwide