Digital Lifescapes

In an era defined by rapid technological advancements, the automobile sector has emerged as a vanguard of innovation, boldly steering into the digital technology era. And, this is just the beginning of an amazing digital transformation. Automobile manufacturers face the considerable challenge of transferring their legacy products to Electric Vehicles (EVs) while balancing the need to maintain revenue and profits to afford the switchover from internal combustion engines. Automobile Digitalization Market Development According to the latest worldwide market study by ABI Research, automobile manufacturers will have invested $83.3 billion in digital technologies in 2023, growing by a CAGR of 8.5 percent to surpass $188 billion in 2033. "The transfer to EVs is driving demand for software, as manufacturers need to design new vehicles and simulate the vehicles' performance. The new production lines will also need to be simulated before launch," said Michael Larner, research direc...

The Latin American video entertainment market is a focal point of many industry analysts, as growth in most of the established markets within developed nations reached saturation. Broadcast TV and pay-TV offerings in Latin American countries have a significant upside potential. Digital TV adoption is already growing in Latin America -- from only 18.1 percent penetration of TV households at end-2010 to just over the halfway mark by end-2014 and onto 94.5 percent by 2020, according to the latest market study by Digital TV Research. Put another way, 132 million digital TV households (in 19 countries) will be added between 2010 and 2020 to take the total to 157 million. Digital Terrestrial Television (DTT) will provide half of the additional digital TV homes to be added between 2010 and 2020. "Much of this growth is being driven by satellite TV, especially lower-cost and prepaid packages – although these subscribers are forcing down average ARPU figures," said Simon Murray,...