Both terrestrial and satellite-based digital multimedia broadcasting services are finally set to launch commercially over the next few months in South Korea -- "According to research from international intelligence research firm ABI Research, the strife between competing stakeholders will only continue once services launch. More than a year later than expected, Korea's TU Media will launch its satellite-based commercial DMB (Digital Multimedia Broadcasting) services in May, while the following month, terrestrial DMB services will also launch, led by the country's major cable news, radio, and television broadcasters. ABI Research does expect the total number of terrestrial DMB subscribers to be significantly higher than satellite DMB subscribers, as terrestrial-based services will be free and feature better programming. However, it will be challenging for terrestrial DMB broadcasters to come up with successful revenue models, so they have been petitioning the government to be allowed to charge subscription fees."
Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth