Free ad-supported streaming TV (FAST) channel revenue grew almost 20 times between 2019 and 2022, and is set to triple between 2022 and 2027 to reach $12 billion (€11.9bn) according to research from analyst firm Omdia. FAST channels are increasing rapidly with more than 1,500 channels already available in the US, according to Omdia. “The […]

Analysts at market research company Omdia say that China expects to take more than 50 per cent share of unit and area shipments in large area displays for the first time. Omdia adds that shipments of large-area display in 2022 decreased by 8 per cent YoY in unit terms and 3 per cent YoY, according […]

5G cellular technology continues its dominating advance, as global 5G wireless connections look to surpass 1.1 billion by the end of 2022. According to 5G Americas, the voice for 5G and LTE in the Americas, connections to 5G networks have on average doubled every year since its commercial inception in late 2018, reaching 922 million […]

APAC is set to overtake the rest of the world in IoT adoption according to an Asian IoT Megatrends report from the global research firm OMDIA and global connectivity provider Telenor IoT. APAC digital transformation of enterprise has been slower than the rest of the world. However, with investments on the rise APAC is expected […]

Pay-TV revenues and subscriber numbers will continue to exceed those for online services in CEE over the next five years, according to research firm Omdia. The findings were shared in a presentation at NEM Zagreb by Omdia’s senior research director for media & entertainment, Maria Rua Aguete, who revealed that pay-TV revenue is predicted to […]

Paul Gray, senior director of research at Omdia, speaking at the Malaga 4K HDR Summit, told delegates that the industry is in the third wave of streaming. “We have gone from audio streaming to video streaming. Now we are streaming in the cloud,” said Gray. He has also made a very strong definition of the […]

Advertisers are moving away from platforms such as Meta and YouTube towards TikTok, according to Maria Rua Aguete, Senior Research Director, Consumer research Group, Media and Entertainment at Omdia. Delivering a ‘Global media and entertainment trends’ overview at the Media & Entertainment Leaders Summit in London, Rua Aguete, noted the increasing interest in advertising on […]

Omdia’s latest Display long-term demand forecast tracker indicates that area demand for displays in 2023 will grow by 6.2 per cent year-on-year (YoY). With softened inflation and slowing interest rate hikes, plummeting demand has bottomed out, thereby making way for a rebound to normalisation in demand by the second half of 2023. Display demand in […]

Findings from technology research and advisory group Omdia show that TikTok has leapfrogged Netflix to become the second most popular service in the US, with only YouTube retaining the crown for under-35s viewing. The service remains heavily skewed by age and occupies sixth place for above 35 years old. The results from Omdia’s latest consumer […]

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 research. Omdia expects connected car numbers to increase from 230 million in 2021 to reach […]