The global wireless telecommunications industry achieved a milestone in the third quarter of 2024, as global 5G connections surpassed two billion, reflecting a 48 per cent year-over-year growth. According to data from trade body 5G Americas and Omdia, over 170 million new 5G connections were added globally during Q3, underscoring the rapid adoption of next-generation […]

Hisense, the consumer electronics and home appliances brand, has seen success with its premium TV strategy, opening the overseas high-end market for high-value Laser TVs with price points in the range of £1,999 – £5,000. Recognised as the World’s No.1 in the 100-inch TV market by Omdia, Hisense has set the trend in large-screen TVs. […]

Programming spend is projected to rebound in 2025 forecasts Omdia, reaching $206 billion (€195.7bn) after a challenging 2024, representing a 5.3 per cent global growth. North America is set to lead this resurgence with a 6.7 per cent increase, signaling a shift toward renewed investment and a focus on profitability. Maria Rua Aguete, Head of […]

Data from Ultra HD 4K news says that Scandinavian television buyers are buying sets that are about 12” wider (corner to corner) than their British counterparts, and the gap is widening with the average screen diameter creeping up by about 1.3″ annually, while the viewing distance isn’t changing. Paul Gray, senior research manager at Omdia […]

Omdia analysis has revealed the MENA cinema market is poised for substantial revenue growth, projected to increase from $900 million (€847.1m) in 2024 to $1.5 billion by 2029. Saudi Arabia is expected to play a pivotal role, contributing nearly two-thirds of the region’s cinema revenue by 2029. Screen growth in the Middle East has overtaken […]

At MIPCOM 2024, Maria Rua Aguete, Head of Media and Entertainment at Omdia, highlighted Brazil’s rapid rise in the free ad-supported streaming TV (FAST) market. Brazil is projected to triple its FAST revenue from $119 million (€110m) in 2024 to $303 million by 2029, and the country is set to become the third-largest FAST market […]

Korean and Spanish titles are the most viewed non-English language content on Netflix, according to Omdia’s What We Watched: A Netflix Engagement Report for H1 2024. Korean titles now account for 8.71 per cent of all non-English language content consumption on the platform, with Spanish-language content following closely at 7.11 per cent. This popularity represents […]

Omdia insights into 5G technology forecasts that 5G RedCap (Reduced Capability) will surge by 66 per cent CAGR to reach 963.5 million connections by 2030. These findings highlight the growing influence of 5G technology on IoT (Internet of Things) use cases, as well as the industry’s increasing readiness for RedCap and eRedCap solutions. As 4G […]

The wireless telecommunications industry experienced continued strong wireless cellular expansion in the second quarter of 2024, powered by continuing growth in the Internet-of-Things (IoT) ecosystem, according to industry trade body 5G Americas. Data from 5G Americas and Omdia suggests that global IoT subscriptions currently stand at 3.4 billion, complemented by 6.7 billion smartphone subscriptions. As […]