The DVD recorder market doubled in size in 2004, to 9.4 million, and is projected to grow another 87 percent this year, according to a report from Research and Markets. Worldwide DVD recorder shipments are expected to grow to 67.7 million in 2009. The data does not include DVD recorder drives installed in PCs. The firm noted that digital TV tuners will be federally-mandated standard equipment in U.S. DVD recorders in July 2007, and are being added to DVD recorders in increasing numbers in Japan. "In 2004, Japan DVD player shipments declined, while DVD recorders grew by over 100%," the report said.
Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ