Advanced Television

Markets

Forecast: VLEO satellite investement at $220bn by 2027

A study from Juniper Research, experts in technology markets, forecasts that global investment into VLEO (Very Low Earth Orbit) satellites will reach $220 billion (€205.1bn)  by 2027; growing substantially from $17 billion this year. VLEO satellites operate at an altitude of approximately 300km; enabling reduced communication latency and higher-resolution imaging. As part of the study, […]

June 18, 2024

Data: Hisense #2 in Q1 global TV shipments

Hisense, the consumer electronics brand, has had its competitive strength in the global home appliance sector reinforced with data from market research institute Omdia showing that global shipments of Hisense TVs for Q1 2024 hit a total of 6.32 million, ranking Hisense No. 2 overall in the global market from 2022 to Q1 2024. Hisense’s […]

June 14, 2024

Research: CEE SVoD growth driven by pay-TV, telco bundles

Data from Omdia reveals that approximately 25 per cent of all paid SVoD subscriptions in Central and Eastern Europe (CEE) now originate from pay-TV and telco bundles. This shift highlights the growing importance of strategic partnerships in the region’s streaming landscape. According to Omdia’s research, indirect net additions – those through partnerships rather than direct-to-consumer […]

June 13, 2024

Report: Space robotics to see “explosive growth”

A report from analysts at GlobalData suggests that space-based robotics is now at a recognised pivotal moment and expected to enjoy “explosive growth” prospects. The report says that more than 40 pioneering companies have entered the space robotics arena, attracting more than $200 million (€185m) in venture capital, according to the firm’s Technology Foresights. Space […]

June 13, 2024By Chris Forrester

Survey: Brits spend £696 per year on subscriptions

Despite high cost of living concerns, UK subscribers are now spending £696 (€826) on subscription apps and services every year — on top of standard bills such as TV, phone and broadband. Furthermore, one in eight are paying more than £100 a month for their subscriptions, amounting to £1,200 per year. This is according to […]

June 12, 2024

Italy: VoD market shows signs of slowdown

The Italian market for VoD splatforms added 400,000 subscribers in 2023, reaching 8.8 million. While subscriber growth continues, the pace has decelerated compared to previous years (+800,000 in 2021 and +500,000 in 2022), according to research by EY’s OTT Observatory, presented at the European Digital Fed-Forum in Lucca. Silvestro Demarinis, director of Technology, Media & […]

June 12, 2024From Branislav Pekic in Rome

Forecast: CPaaS rich media revenue over $10bn by 2028

A study from Juniper Research, experts in the telecommunications markets, forecasts that revenue from Communication Platform as a Service (CPaaS) rich media traffic, including RCS, video and social media, will grow by 190 per cent to over $10 billion (€9.3bn) in the next five years; rising from $3.4 billion in 2023. It identified two key […]

June 12, 2024

UK electrical manufacturers see sharp revenue decline in Q1

Revenue for SME electronics and electrical manufacturers dropped in the first quarter of the year, according to new figures reported in the latest Manufacturers’ Health Index, an assessment of SME manufacturers in the UK. It is compiled quarterly by inventory management software brand Unleashed, based on data from every purchase, sale and stock movement made […]

June 11, 2024

Forecast: Pinterest ad revenue at $4.2bn in 2025

Pinterest’s commercial momentum is accelerating, with the platform recording its fastest rate of both advertising revenue and monthly active user (MAU) growth since 2021. According to WARC Media, Pinterest’s advertising revenue is forecast to reach $3.6 billion (€3.3bn) in 2024 (+17.3 per cent year-on-year), and will maintain that rate of growth in 2025, with revenue […]

June 11, 2024

Australia: Streaming commissions plummet

Screen Producers Australia (SPA) has released the results of a recent membership survey investigating how local and global streamers are currently engaging with Australian producers. The results paint a bleak picture of the current commissioning landscape, with 80 per cent of respondents citing ‘Less’ or ‘Much Less’ commissioning interest from streaming services compared to the same […]

June 6, 2024