Sony’s PS4 has sold 100 mln units, making it the fastest-selling console to hit that number. It hit the 100 mln figure in 5 years and 7 months, 2 months quicker than Nintendo’s Wii.
Global online music streaming subscriptions grew 32% year-over-year reaching 358 mln subscriptions in 2019, according to Counterpoint Research. Spotify topped 2019 grabbing a 31% share of the total revenue and a 35% share of the total paid subscriptions. Apple Music followed with a 24% share of total revenues in the industry and a 19% share of the total paid subscriptions. Due to Apple’s high focus on its services segment which includes Apple Music, its subscription base grew 36% in 2019. Amazon Music subscriptions reached a 15% share in 2019 compared to 10% in 2018.
Worldwide spending on public cloud services and infrastructure will more than double over the 2019-2023 forecast period, according to IDC. With a CAGR of 22.3%, public cloud spending is forecast to grow from $229 bln in 2019 to reach nearly $500 bln in 2023.
IaaS spending, comprised of servers and storage devices, will be the fastest growing category of cloud spending with a five-year CAGR of 32%. Platform as a service (PaaS) spending will grow nearly as fast (29.9% CAGR) led by purchases of data management software, application platforms, and integration and orchestration middleware.
US advertisers spent $479.1 mln advertising on podcasts in 2018, up 53% from about $313.9 mln in 2017, according to PricewaterhouseCoopers LLC. Podcast advertising is expected to rise to $678.7 mln in 2019. Marketers are projected to spend about $70.83 bln on US TV advertising in 2019 and about $129.34 bln on digital advertising, according to eMarketer.
Dynamically inserted ads comprised 48.8% of podcast ads sold in 2018, up from 41.7% in 2017.
Grocery delivery is accounting for less than 2% of 2016’s $715 bln in food-retail sales, according to Technomic Inc. Amazon already makes up more than half of online food orders through its Fresh, Prime and Prime Now services.
Worldwide industrial semiconductor revenues grew by 18% YTY in 2014, according to IHS Inc. Global industrial semiconductor revenue in 2014 totaled $40.4 bln, up from $34.3 bln in 2013. The YTY increase follows solid growth of 13% in 2013, a decline of 3% in 2012 and 12% growth in 2011. The strong performance achieved in 2014 represents the highest annual growth rate, since the 36% boom in 2010.
Optical Semiconductor delivered the strongest performance, thanks to the continued strength of the LED market. The highest semiconductor device absolute revenue growth from 2014 to 2019 will come from LEDs, which is expected to grow from $6.3 bln to $12.6 bln—stemming from the global general lighting LED lighting boom, with most countries banning incandescent bulbs in 2014. Discrete power transistors, thyristors, rectifier and power diodes are expected to grow from $6 bln to $7.3 bln, due to the policy shift toward energy efficiency. Microcontrollers (MCUs) are also expected to experience robust growth in the long-term, growing from $4.3 bln to $5.8 bln, because of advances in power efficiency and integration features. Out of more than 27 semiconductor segments, 26 achieved increased YTY growth in 2014. All 7 major semiconductor components grew last year, led by optical,analog integrated circuits (ICs), logic ICs, discretes, microcomponent ICs, memory ICs, and sensors and actuators. Both analog ICs and logic application-specific ICs achieved the strongest turnaround in growth, moving from relatively flat growth in 2013 to over 20% growth last year.
HostAdvice published its survey on the most popular Web hosts by the number of clients world wide.
Most of the popular hosts are headquartered in the US, with Germany and China being distant followers.
The national health insurance brokerage market is worth $18 billion.
Wi-Fi network use will nearly double in homes around the world come 2016, according to Strategy Analytics. Already used in some 439 mln households worldwide, equivalent to 25% of all households, Wi-Fi home network penetration will expand to 42%, reaching nearly 800 mln by 2016.
The number of cell phone subscriptions grew 20.7 mln in January and February 2012 to reach just over 1 bln, the Ministry of Industry and Information Technology said, up from 900.4 mln in April 2011. The number of fixed line subscriptions fell by 828,000 during that period to reach 284.3 mln. Of the more than 1 bln accounts, a total of 144 mln used 3G technology.