According to the latest research from the Strategy Analytics Connected Home Devices service, manufacturers sold 49.3 million digital TV receivers worldwide in 2004, a 50 percent increase on the previous year and an all-time record. Revenue growth was even higher, at 70 percent, because of the growing importance of higher value integrated digital TVs. Global demand will continue to soar in 2005 and beyond as new services are launched and the user base expands. New digital terrestrial television and IPTV services will be key drivers of device sales over the next five years. Strategy Analytics predicts that 2005 sales of digital TV receivers (set-top boxes and integrated digital TVs) will grow a further 38 percent to reach 68.2 million units. By 2010 annual sales will have reached 181.3 million units, worth $39.1 billion in retail revenues. Because of the strength of its integrated digital TV market, North America will account for 65 percent of revenues in 2010. Asia-Pacific will account for 19 percent and Europe 14 percent.
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