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.
Read MoreIn August 2023, Pluto TV channels comprised 21% of the top 100 FAST channels in the US. with the top 20 channels making up 50% of all FAST visits — pushing channel owners to ensure their content is easily discoverable.
Pluto TV and Paramount-owned FAST channels topped the consumption charts in June and July with exclusive content, Samsung TV Plus, Pluto TV, and Freevee have increased their channel catalogs while ViX and LG Channels have experienced slight reductions.
Read MoreIoT deployments play a vital role in many enterprises’ digital transformation strategies, yielding benefits such as productivity gains, cost savings, and achieving environmental sustainability goals. As a result, enterprises continue to increase their spending on IoT solutions and are broadly expanding deployments. 95% expect to see measurable benefits from IoT within two years of deployment.
Read MoreNew research indicates that area demand for OLED displays will grow by 11.0% CAGR from 2022 to 2030. Major brands are gradually adopting OLED panels in their premium lineups across TVs, mobile phones, and the wider consumer electronic range, such as notebooks and tablets. According to Omdia, the OLED market share in the smartphone display market increased rapidly from 30% in 2020 to 42% in 2022, with its share expected to rise steadily in the future.
Read MoreNew research from Omdia has found that 51% of leading CSOs already use video surveillance systems for facility safety applications. This response rate increased to 89% when CSOs were asked whether they expected to use video surveillance for this application in three years. 49% of respondents stated that their video surveillance system currently supports people safety functionality.
Read MoreNew research from Omdia reveals that the semiconductor market declined in revenue for a fifth straight quarter in the first quarter of 2023. This is the longest recorded period of decline since Omdia began tracking the market in 2002. Revenue in 1Q23 settled at $120.5B, down 9% from 4Q22. The semiconductor market is cyclical, and this prolonged decline follows the upsurge as the market grew to record revenues in each quarter between 4Q20 through 4Q21 following increased demand from the global pandemic.
Read MoreOmdia’s latest research reveals that NB-IoT and LoRa will account for 87% of all LPWAN connections in 2028, strengthening their position in the LPWAN market with over 85% of the connections worldwide. Both technologies are in the sweet spot for mid-range IoT applications that are popular now. With sufficient differentiation between the two technologies, both are on track for success through the end of Omdia’s forecast in 2028.
Read MoreGlobal consumer spending on games is set to reach $215 billion by 2027. The transmedia space continues to expand and profit as more video game franchises make their way to large and small screens. Streaming services need more content to monetize their services and reach profitability as consumers demand more and more content. The days of poor-performing titles are long behind us. High-scoring TV series such as Netflix’s ‘The Witcher’ or HBO’s ‘The Last of Us’ prove that quality, investment, and writing across the adaptations are of a superior level.
Read MoreAfter being hit by production delays and cancelations caused by the COVID-19 pandemic in 2021, content origination by the world’s leading online streamers rebounded in 2022. Netflix, Amazon, Apple TV+, Disney+, HBO Max, Hulu, Paramount+, and Peacock collectively released a total of 1,752 titles and 4,878 hours of first-run original content in 2022, a YOY increase of 60% in titles and 87% in hours.
Read MoreThe top 35 cloud and colocation service providers opened 10 million square feet of data center capacity in 2H20 according to Omdia’s latest Cloud & Colocation Data Center Building Tracker, despite lingering impacts of the COVID-19 pandemic. Approximately 51% of the new capacity was brought online by colocation service providers and 48% by cloud service providers.
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