The worldwide retail value of all Digital Terrestrial TV (DTT) Set Top Boxes (STBs) will "blast off" during 2006, and power drive up to more than $10 Billion during 2009, reports In-Stat. In a surprising twist, Australia currently leads the world for consumption of High Definition TV (HDTV) Digital Terrestrial Set Top boxes, with North America running in second place. Europe has been the unit shipment and market value leader for several years, and is poised to become the long-term dominating force if the 2006 World Cup Football matches drive strong uptake for new Digital Terrestrial products. Japan and China have emerging markets for DTT STBs that support High Definition. The study also found a greater number of countries are turning on local Digital Terrestrial TV broadcasts, and this trend is beginning to accelerate. In the U.S., US Digital TV (USDTV) is tying together the bit streams of up to six local Digital Terrestrial TV stations, and offering a low-cost alternative to Cable TV services. The next phase of development is focused on advanced set top boxes that support new video Coder/Decoders (Codecs) and include hard disk drives and support for PVRs. China is expected to turn on their local Digital Terrestrial TV services during 2007, and this will drive large unit shipments of entry-level HDTV set top boxes in 2008 and 2009.
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