The global market for virtual assistants (VAs) continues to exhibit robust performance, propelled by enhancements in the underlying technologies along with increasing penetration across Consumer Electronics. According to research from Futuresource Consulting, shipments of products with built-in voice assistant technology will double to 3 billion units in 2024, representing a CAGR of 19 per cent […]
Global TV sales remain stable and will stay that way, with Futuresource Consulting forecasting growth of less than one per cent CAGR between 2018 and 2024. This obscures the underlying turmoil as there has been a boost in sales across developed countries during the year, with consumers looking to improve the home viewing experience during […]
The global TV market is on track to achieve 1.2 per cent growth in 2020 and is set to end the year on more than 233 million shipments, according to a new market report from Futuresource Consulting. Trade value has also fared relatively well, forecast to decline by just 1 per cent to $83.7 billion. […]
Apple’s November launch of the $99/£99/€99 HomePod Mini comes at an ideal time, according to Futuresource Consulting. As the smart speaker market starts to mature in key western markets such as the US and UK, it creates a direct competitor to devices from market leaders Amazon and Google, both of whom in recent months have […]
What is described as the “staggering” disparity between the energy demands of emerging consumer devices and immersive video experiences has spotlighted the need for more environmentally sustainable choices across the video entertainment industry, according to a joint study from mobile and video technology research and development company InterDigital, and market research firm Futuresource. They suggest […]
A video insights report from Futuresource Consulting shows that although Russia’s SVoD market is underdeveloped, it is undergoing a rapid transformation. SVoD doubled in size last year to achieve RUB 6.6 billion (€71.2 million), exceeding the digital transactional market for the first time, and is on track to develop at a similar rate in 2020. […]
The Spanish video market has witnessed a polarisation of fortunes in 2020. While many segments have been heavily impacted, others have seen their audiences expand due to stay-at-home measures and changing consumer attitudes towards entertainment. This is according to a Video Insights report from Futuresource Consulting, which shows consumer spend will grow by 11 per […]
SVoD has solidified its position as a clear consumer favourite in the entertainment landscape, as the pandemic has accelerated its adoption in 2020, building on already strong momentum. Futuresource Consulting’s latest Living With Digital survey provides further detail on the evolution of the overall VoD sector, which also shows a marked increase in transactional digital […]
Italy’s video entertainment market is poised for vigorous growth next year, despite a challenging 2020, according to a video insights report from Futuresource Consulting. This upsurge will be driven by SVoD entering a new growth phase, as only one in four Italian households will subscribe to an SVoD service by the end of 2020, providing […]
Across software, hardware and accessories, worldwide consumer spend on gaming reached $194 billion last year, according to a report from Futuresource Consulting. In addition, in-game ads, video streaming sites and eSports created another $17 billion in revenue. “Gaming may be on the verge of having its Netflix moment,” says Morris Garrard, Research Analyst at Futuresource […]