Digital TV News: Tom Mainelli

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, Smart Home, VR, 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, VR, Worldwide

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

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

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, VR, Worldwide

Commercial and Public Sector investments to drive AR/VR spending
Jun 4, 2019 – Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160 billion in 2023, up significantly from the $16.8 billion forecast for 2019. According to IDC, the five-year CAGR for AR/VR spending will be 78.3%.
News categories: IDC, Tom Mainelli, Marcus Torchia, Market Research, VR, Worldwide

Consumer spending on technology to reach $1.3 trillion in 2019
May 9, 2019 – Consumer spending on technology is forecast to reach $1.32 trillion in 2019, an increase of 3.5% over 2018. According to IDC, consumer purchases of traditional and emerging technologies will remain strong over the 2018-2022 forecast period.
News categories: IDC, Tom Mainelli, Jessica Goepfert, Digital TV, Market Research, Worldwide

Sharp decline in VR headset shipments in Q2 2018
Sep 5, 2018 – Worldwide shipments of virtual reality (VR) headsets were down 33.7% year over year in the second quarter of 2018 (2Q18), according to IDC. IDC expects this to be a temporary setback as the VR market finds its legs.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Digital TV, Market Research, VR, Worldwide

AR/VR headset demand expected to rebound in 2018
Mar 19, 2018 – Worldwide shipments for augmented reality (AR) and virtual reality (VR) headsets will grow to 68.9 million units in 2022 with a five-year compound annual growth rate (CAGR) of 52.5%, according to IDC.
News categories: IDC, Jitesh Ubrani, Tom Mainelli, Digital TV, Market Research, VR, Worldwide