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Omdia

Forecast: IoT adoption in APAC set to surge

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 […]

December 13, 2022

Omdia: CEE video service revs to reach $12.1bn in 2027

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 […]

December 9, 2022By Colin Mann

Omdia: “We’re in third wave of streaming”

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 […]

November 17, 2022By Chris Forrester

Omdia: Advertisers moving towards TikTok

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 […]

November 16, 2022Colin Mann @ Media & Entertainment Leaders Summit

Forecast: Display demand to rebound in 2023

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 […]

November 9, 2022

Research: TikTok increasingly popular viewing app

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 […]

October 18, 2022Nick Snow @ MIPCOM

Report: Connected cars a new battleground

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 […]

October 12, 2022

Forecast: Online ad revenue to surpass SVoD

In the next five years, online advertising revenues will almost double from $190 billion (€194bn) in 2022 to $362 billion in 2027 according to findings from technology research and advisory group Omdia. “Netflix is expected to generate just under a quarter of its revenue from advertising by 2027 in the US,” advises Maria Rua Aguete, […]

September 30, 2022By Colin Mann

Data: 5G connections doubling every year

The global uptake of wireless 5G networks is now doubling every year to reach 813 million connections by the end of the second quarter of 2022, according to data from research firm Omdia and trade organisation 5G Americas. 5G connections will reach 1.1 billion by the end of 2022. “The progress of 5G continues throughout […]

September 22, 2022

Forecast: Installed smart devices to exceed 2bn in 2022

The global smart home market is expected to experience consecutive years of softening growth starting in 2021 before an upward trajectory resumes in 2023 according to Omdia. The downward trend is attributed to a combination of factors including wage stagnation, increased unemployment and a large decline in projected retail sales, especially in 2022. Strong growth, […]

August 17, 2022