Posts in Technology
YouTube Tops Most Popular Video Services as Free Viewing Increases Lead Over SVOD — Omdia Reports

New data from Omdia shows that after five years of increasing stacking, the once-dominant model is showing signs of strain. Omdia's analysis revealed that the number of SVOD services per household has declined in some markets for the first time, while free video stacking is still on the rise. YouTube continues to lead in key markets, boosting the sector's lead over paid content. Other social video platforms and FAST services are also growing.

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Aided by the Democratization of Generative AI, the Robotics AI Chipset Market is Expected to Reach $866M globally by 2028 — Omdia Reports

As ML-powered robotics workloads continue to diversify, GenAI technology is emerging as a game-changer. Foundation models are expected to replace or enhance existing ML and deep learning models, leading to more capable and robust robots. This has led to a rise in the global robotics AI chipset market, estimated to reach $866 million by Omdia.

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Worldwide Ethernet Switch Market Delivered Robust Growth in 2023 While the Router Market Saw a Slight Decline, According to IDC

Recent findings from IDC report the Ethernet switch market revenue grew by 20.1% to $44.2 billion in 2023. The datacenter segment of the market rose by 13.6%, and ODM direct sales increased by 16.2%. However, the enterprise and service provider router market saw a decline of 0.4% in revenue.

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80% of D&A Governance Initiatives Will Fail by 2027, Due to a Lack of a Real or Manufactured Crisis, Predicts Gartner

According to Saul Judah, VP Analyst at Gartner, a D&A governance program must prioritize business outcomes to be successful. During crises, successful CDAOs quickly pivot their D&A strategies to help their organizations. A strategic approach, positioning D&A as an essential business-centric model, is more effective than a reactive, tactical approach that only focuses on data governance.

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IT Distribution Revenues Remained Under Pressure In Q4 2023, According to IDC

IT distributor revenue fell 6.2% YoY to $20.6B in Q4 2023 (4Q23), marking the fifth consecutive quarter of decline. Enterprise spending on software, services and networking grew consistently, while consumer categories like personal computing, AV, imaging, electronics, peripherals and accessories surged in the pandemic but have since declined from their pandemic highs.

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Driving Innovation: Automotive Brake-by-wire Systems Market Set for USD 10.33 Billion Growth — Technavio Reports

The automotive brake-by-wire systems market is expected to have a CAGR of 25.64% from 2022 to 2027, resulting in a market size surge of USD 10.33 billion. This is due to the effectiveness and efficiency of brake-by-wire systems, the trend of vehicle electrification, and the demand for lightweight vehicles. Major players like Brembo Spa, Continental AG, Haldex AB, and others are strengthening their market presence through alliances, partnerships, and innovation.

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Industrial Metaverse Spend to Reach US$6.3 Billion by 2030 As Immersive Engineering Use Cases Take Hold — ABI Research Reports

IMV is set to greatly enhance manufacturing engineering, training, safety, and production. According to a new report from ABI Research, spending on industrial metaverse solutions and services will grow at 22.8% to reach US$6.3 billion by 2030 as immersive and collaborative capabilities come to the forefront of industry 4.0 software development efforts to enable connectivity between digital twins and other systems.

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Global Tech Spend To Grow 5.3% In 2024, Reaching $4.7 Trillion — Forrester Reports

As economic conditions continue to improve, tech spend will grow 5.3% in 2024 — up from 3.5% in 2023. Two factors will primarily contribute to this growth: Increased spending on software and IT services, including genAI, cloud, security, and digital, and economic growth in Asia Pacific. By 2027, software and IT services will capture 69% of global tech spend, with investments in genAI software predicted to reach $227 billion by 2030.

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By 2028, GenAI-based Tools will be Capable of Writing 70% of Software Tests — IDC Reports

In a recent FutureScape report, IDC FutureScape: Worldwide Developer and DevOps 2024 Predictions — Asia/Pacific (Excluding Japan) Implications, IDC predicts that by 2028, GenAI-based tools will be capable of writing 70% of software tests, decreasing the need for manual testing, resulting in improvements to test coverage, software usability and code quality.

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Does SD-WAN Have a Future in a SASE World? GigaOm Reports

In the ever-evolving landscape of networking and security, two buzzwords have been making the rounds: SD-WAN and SASE. With the confusion surrounding them and SASE (the newer of the two), you may wonder: “Does SD-WAN have a future in a SASE world?” GigaOm explores the benefits of SD-WAN, the hype around SASE, how they fit together, and whether SASE is an automatic choice for all SD-WAN customers.

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Global Shipments of Smart TVs Poised to Make a Slow Recovery, According to IDC

Worldwide smart TV shipments are on track to decline 5.5% year over year in 2023, according to IDC. However, the market is expected to recover with a flat growth forecast in 2024, followed by slow growth in the following years. With high inflation and long refresh cycles, much of the growth in the smart TV market is relegated to emerging markets.

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New Omdia Research Finds IoT Enterprises are Prioritizing Blockchain Technology

While blockchain is most commonly associated with cryptocurrencies and nonfungible token (NFTs), the promise of the technology in IoT has not been lost by many service providers and enterprises. In fact, 40% of enterprises surveyed say that blockchain is a “priority for the future” for their IoT deployments according to Omdia’s recent report, Blockchain’s role in IoT.

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Spending on Compute and Storage Cloud Infrastructure Continues Strong Growth as Supply Chain Delivery Improves in the Third Quarter of 2022, According to IDC

According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 24.7% year over year in the third quarter of 2022 (3Q22) to $23.9 billion.

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Gartner Forecasts Worldwide IT Spending to Grow 2.4% in 2023

Worldwide IT spending is projected to total $4.5 trillion in 2023, an increase of 2.4% from 2022, according to the latest forecast by Gartner, Inc. This is down from the previous quarter’s forecast of 5.1% growth. While inflation continues to erode consumer purchasing power and drive device spending down, overall enterprise IT spending is expected to remain strong.

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Strategic Hybrid Cloud in Enterprise IT to Improve Performance and Data Regulation, According to Frost & Sullivan

More organizations support hybrid and multi-cloud environments as both workers and workloads expand to more locations. Bring-your-own-device policies enable workers to access corporate applications and services from multiple places and platforms, and modern development tools decouple apps and services from the infrastructure that they run on, allowing flexible movement according to business needs.

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Omdia: 12.5m consumer VR headsets will be sold in 2022, with $1.6bn being spent on VR content

Consumer virtual reality (VR) will be worth $6.9bn in 2022, increasing to $20bn in 2027, according to Omdia’s Consumer VR Headset and Content Revenue Forecast 2022-2027. In the face of macroeconomic challenges, the market continues to expand, with 12.5 million headsets expected to be sold in 2022, and $1.6bn spent on VR content.

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IPTV Continues Evolving to Enhance Operational Efficiencies Across the Broadcast Sector

No stranger to addressing the challenges associated with managing video traffic, most of the major news brands serving tier-1 media markets in the broadcast sector have made the switch away from RF technologies to adopt IPTV. There is, however, a significant opportunity for broadcasters in smaller media markets to follow suit to take advantage of the technical benefits and cost reduction associated with making the shift.

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