According to an Instat report entitled Worldwide Electronic Entertainment: Packaged Goods Value And Network-Connected Households -- "By 2009, we believe that nearly 55% of all TV households will be connected to Cable TV (analog or digital), Satellite Pay-TV services, Digital Terrestrial networks, or emerging Broadband TV services. Sales of Hollywood movies on Standard DVDs will experience slowing growth, but the emergence of new formats and new content coming to DVD will drive the value of the total market forward. Worldwide value of all DVD discs will grow from about US$33 Billion during 2004, up to US$76.5 Billion during 2009, a Compound Annual Growth Rate of 18.3%"
The growing need for real-time, localized artificial intelligence (AI) processing power drives demand for Generative AI (GenAI) solutions on public cloud edge computing platforms. Worldwide spending on edge computing is forecast to reach $232 billion in 2024 -- that's an increase of 15.4 percent over 2023, according to the latest market study by International Data Corporation (IDC). Combined enterprise and service provider spending across hardware, software, professional services, and provisioned services for edge solutions will sustain strong growth through 2027 when spending is forecast to reach nearly $350 billion. Edge Computing Market Development IDC defines edge as the information and communications technology (ICT) related actions performed outside of the centralized data center, where edge computing is the intermediary between the connected endpoints and the core enterprise IT environment. Characteristically, edge computing is distributed, software-defined, and flexible. T