LONDON, Jan. 19, 2025 /PRNewswire/ -- Industrial display panel shipments are projected to reach 167.9 million units, marking a significant 10.9% YoY growth for 2024 according to analysis from Omdia's "Industrial and Public Display & OEM Intelligence Service". Among 12 industrial display applications, the smart home and office application segments, among 50 industrial display sub-applications, topped first place with 46% shipment share.  Within this category, multi-function printers accounted for 22% shipmen ...

LONDON, Jan. 16, 2025 /PRNewswire/ -- The latest analysis from Omdia has found that display panel makers consistently raised their fab utilization plans throughout the fourth quarter of 2024 and by the end of November, the quarterly utilization plan for Q4 was 77%. By December's end, plans had been revised upward by two percentage points to 79% with a further revision of four percentage points for 1Q 2025, bringing quarterly utilization to 80%. In particular, January 2025 fab utilization plans rose by six p ...

Micro LED Display Market Overview - Shipments of micro LED displays are projected to reach 1.7 million units by 2027, driven by LEDoS technology in ultra-small-sized devices like XR smart-glasses [1] - By 2031, XR devices are expected to account for 24.4% of the micro LED display market [1] - Micro LED display shipments are forecasted to surge to 34.6 million units by 2031, though they will represent only 0.9% of the total display market [6] Technology and Product Development - Smart-glasses require lightweight designs, low-power consumption, and high readability under sunlight, making LEDoS technology with diagonal sizes as small as 0.15-inch particularly suitable [2] - In 2024, numerous display manufacturers unveiled micro LED display prototypes targeting automotive, public displays, and virtual studios, indicating a focus on niche applications [2] - Display suppliers are focusing on product segments where OLED or LCD struggle to meet specific size and performance demands, leveraging micro LED's cost competitiveness [3] Market Trends and Forecasts - Omdia's 'Micro LED Display Market Tracker – 4Q 2024' provides insights into technology trends, market growth forecasts, cost analyses, and technical outlooks across the supply chain [3] - Following Apple's postponement of its micro LED display project for its watch in February 2024, some set brands and suppliers have slowed development, leading to a significant revision in Omdia's market forecast [6] Industry Players and Strategies - Several component and equipment suppliers are introducing advanced technologies to enhance micro LED display manufacturing [3] - LEDoS suppliers have achieved significant advancements in miniaturization, making the technology more competitive for lightweight applications like smart-glasses [2]

LONDON, Dec. 18, 2024 /PRNewswire/ -- Omdia's latest research highlights the rapid growth in demand for Google's Tensor Processing Unit (TPU) AI chips, a trend that may be strong enough to start chipping away at NVIDIA's market dominance in GPUs. 3Q results from Broadcom, whose Semiconductor Solutions division acts as a custom chip outsourcing partner for Google, Meta, and several other AI players, give our analysts some insight into purchasing trends and information that is typically kept under wraps – how ...

"The four largest cloud providers—Microsoft, Amazon, Google, and Meta—will comprise nearly half of 2024's data center capex, amplifying their influence on the competitive server market," said Vlad Galabov, Omdia Senior Director. "With AI application development and deployment dominating compute priorities, vendors aligning with NVIDIA are thriving. These dynamics have propelled Foxconn to the top spot." Foxconn isn't the only vendor benefiting from the surge in demand for AI-optimized servers. Quanta Cloud ...

Aggregate semiconductor revenue for the first three quarters of 2024 increased by 26% compared to the same period in 2023 – a $102 billion increase – according to Omdia's Competitive Landscaping Tool report. This growth was fueled by strong demand for AI and related semiconductor components. Cliff Leimbach, Senior Analyst at Omdia, stated, "The high demand for AI is setting 2024 up to be a record-breaking year.  Semiconductor revenue from the first three quarters of 2024, approximately $494 billion, has alr ...

LONDON, Dec. 11, 2024 /PRNewswire/ -- Despite comprising over 300 vendors the QC market is at a nascent stage of market development. The reality is that essentially all vendor revenue to date comes from customers who are experimenting with QC technology – not using it for operational purposes. However, Omdia believes that 2025 will mark an important shift upwards in the trajectory of QC vendor revenue growth, partially because of a shift from experimentation to operation.Reaching "quantum advantage" will be ...

According to Omdia's latest OLED Display Market Tracker, small to medium OLED shipments are expected to surpass one billion units for the first time. The milestone includes displays ranging from 1-inch to 8-inch, covering a wide array of applications such as game consoles, AR/VR/MR headsets, near eyeglasses and head-mount displays, automotive displays, smartphones, sub displays, smartwatches and industrial displays. OLED technology has seen significant growth in the smartphone market, driven by China OLED m ...

At Content London, Maria Rua Aguete, Head of Media and Entertainment at Omdia, revealed key trends shaping the recovery of the global media and entertainment market. The research emphasized the growing impact of Free Ad-Supported Streaming TV (FAST) platforms and consumer electronics giants like Samsung, LG, and Roku that have focused on creating fresh opportunities for content producers. "With platforms such as Tubi, Pluto TV, and Samsung TV Plus expanding globally, their pursuit of original content marks ...

NEW YORK, Dec. 3, 2024 /PRNewswire/ -- The creation of Informa TechTarget was confirmed yesterday, following the successful completion of the combination of TechTarget, the global leader in purchase intent-driven services, with Informa Tech's digital businesses – part of Informa PLC (LSE: INF.L), a FTSE-50 UK Group with a leading position in international B2B events, B2B digital services and academic knowledge. Informa TechTarget aspires to be the leading B2B growth accelerator for the technology industry, ...