Analysis

European Spending on GenAI to Exceed $30 Billion in 2027

European Spending on GenAI to Exceed $30 Billion in 2027

According to the latest study by IDC, the European AI and generative AI (GenAI) market will reach almost $47.6 billion in 2024 and record a compound annual growth rate (CAGR) of 33.7% over the 2022-2027 forecast period.

Global TV Shipments Fall 3 Percent in 2023

Global TV Shipments Fall 3 Percent in 2023

Global TV shipments fell 3% in 2023 to reach 223 million units as the US market’s strength was not enough to offset market declines across China and Europe, according to Counterpoint Research’s Global TV Shipment Tracker.