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Omdia Newsroom

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Omdia predicts explosive growth for 5G RedCap connections set to reach almost 1 billion by 2030

2 Oct, 2024

New Omdia insights into 5G technology have forecast that 5G RedCap (Reduced Capability) will surge by 66% CAGR to reach 963.5 million connections by 2030. These findings highlight the growing influence of 5G technology on IoT (Internet o...

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Spotify increases music industry market cap market share in Omdia’s third quarter music industry share review

2 Oct, 2024

According to new analysis from Omdia, Spotify has increased its market share of the leading music companies’ combined market capitalization in the third quarter of this year.

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New Omdia research finds enterprises’ confidence in IoT is soaring

24 Sep, 2024

The latest findings from Omdia’s IoT Enterprise Survey reveal an astonishing surge in confidence among enterprises leveraging IoT solutions. Enterprises continue to integrate IoT into their workflows while reaping benefits from productiv...

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Omdia: Operator-led streaming bundles gain momentum, but common platform needed for major growth

24 Sep, 2024

According to new analysis from Omdia, 365 million subscription video on demand (SVOD) subscriptions will be distributed through operator TV, broadband and mobile bundles, representing 20% of the global streaming market.

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Omdia: LTPS LCD captures over 30% of automotive display market, driven by heads up display and room mirror demand in 2024

24 Sep, 2024

Low-Temperature Polysilicon (LTPS) LCD technology has surpassed 30% market share in the automotive display sector, experiencing significant growth in 2Q24. This growth has been powered by the increasing adoption of head-up displays (HUD)...

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Omdia reports record semiconductor revenue in 2Q24, despite market weakness

18 Sep, 2024

In a new analysis, Omdia reports that total semiconductor revenue reached a record high of $162.1 billion in 2Q24 , marking a 6.7% quarterly growth. This figure surpasses the previous record set in 4Q21 by approximately $500m.

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Omdia: iPhone 15 Pro Max is the most popular phone of 2024 so far

18 Sep, 2024

According to Omdia's research, the iPhone 15 Pro Max was the most shipped smartphone globally in 1H24, with 21.8 million units, continuing the iPhone Pro Max series' top spot for the second year.

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Omdia research reveals Roku dominates connected TV advertising market and with projections to reach $5 billion by 2029

13 Sep, 2024

Omdia's latest research highlights a shift in the connected TV market, with companies like Roku and Vizio prioritizing platform revenue over hardware sales, with Roku projected to generate $5 billion in CTV advertising by 2029.

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Omdia forecasts say display panel fab utilization rate to drop 14 percentage points to 68% in October 2024

12 Sep, 2024

According to Omdia, display panel makers, led by China's major LCD producers, plan significant fab utilization cuts in October 2024, as they plan a 1-2 week halt in LCD TV panel production during the National Day holiday.

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New Omdia research finds satellite IoT revenues will top $1.5 billion by 2030

10 Sep, 2024

According to Omdia, new technologies and innovation are driving renewed interest in the satellite market with telecom providers eagerly forming partnerships with satellite operators to offer new services.

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Omdia research reveals global milestone: nearly 1 billion UHD TVs shipped worldwide

3 Sep, 2024

New research from Omdia reveals that nearly 1 billion UHD TVs have been shipped globally, with the majority still in use. This analysis along with other key entertainment trends will be presented at IBC2024, where Omdia has once again be...

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Omdia predicts COE to dominate as the main antireflection technology for foldable OLEDs and expand in conventional smartphones

3 Sep, 2024

New research from Omdia forecasts that color filter on encapsulation (COE) is poised to become the dominant antireflection technology for foldable OLED displays, with a projected 33% compound annual growth rate between 2024 and 2030.

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