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Record $377 Billion Expected in 2018 in Total Consumer Tech Revenue
Consumer Technology Association’s mid-year update of the U.S. Consumer Technology Sales and Forecasts report shows an expected $377 billion in industry retail revenue. Due to positive economic factors such as tax reform and the high employment rate, consumers are able...
Nielsen: Linear TV Viewing Continues to Rise Despite Industry Focus on Streaming
According to a recent report from Nielsen, Americans watched nearly 6 hours of video per day during the first quarter of 2018, a significant jump from the prior quarters. The report shows that 64% of homes have a video-on-demand service and an additional 2.7% of homes...
Smart Home Ecosystem Illustrates Potential Partnerships
ABI Research forecasts that by 2022, the global smart home market will reach $123 billion, which is up from $56 billion in 2018. The current smart home ecosystem is complicated with a growing number of players and offerings competing to gain a foothold in the market....
The Need for Vendors that Merge Technology and Business
Vendors that merge technology and business to solve multifaceted problems are in high demand. Gartner Inc. performed a "Cool Vendors" 2018 study on some vendors that are currently disrupting the scene with rapid transformation projects, optimized use of technology and...
More Than 40% of Streaming Device Owners Use Theirs Daily
According to a recent Parks Associates study, nearly 41% of streaming device owners use their device daily or almost daily. Streaming media players are the greatest used Internet-connected entertainment device. Those that said they use their streaming media player as...
US $1 Billion Industrial IoT Partnership
According to ABI Research, PTC and Rockwell Automation have aggressively worked toward being #1 in the digital domain of helping customers transform their physical operations. The companies entered into a $1 billion equity agreement in June, aligning their smart...
Pay TV Losing Ground Despite OTT Partnerships
eMarketer forecasts that the number of cord-cutters will jump more than 30% this year regardless of pay TV and OTT partnerships. Cord-cutters – adults that have canceled pay TV services – are expected to reach roughly 33 million this year. In July 2017, this number...
Consumers Watch Over Two Hours of Alternative Video on a PC Weekly
Parks Associates released new video research that reveals how consumers are viewing content. According to the study, U.S. broadband households watch an average of two hours of alternative content on a computer each week. Consumers can find livestreams, user-generated...
More than 50 million households are waking up to the idea of buying sleep tracking technology products
According to new sleep research from Parks Associates, nearly 29 million U.S. broadband households currently use a sleep tracking device to track their sleep quality, while an additional 51% of U.S. broadband households are interested in buying a sleep tracking...
Verizon’s LTE-Advanced Will Expand to 1,100 Markets
Verizon's is projected to bring commercial 5G services to light in three to five markets by the end of 2018. In addition, the carrier is focused on expanding their reach and quality via their LTE-Advanced network. LTE-Advanced, or gigabit LTE, is made up of three...
