AMOLED technology is experiencing significant growth in the smartphone display market, with shipments expected to surpass those of TFT LCDs in 2024, according to the latest Smartphone Display Market Tracker by Omdia. 

In the first quarter of 2024, the semiconductor market saw a decline of approximately 2%, falling to $151.5 billion, according to Omdia's new Competitive Landscaping Tool. 

Omdia's latest Artificial Intelligence Software Market Forecasts reveal that revenue from Generative AI (GenAI) software is projected to grow at 53% CAGR from 2023, reaching $58 billion by 2028. 

According to Omdia’s latest report, the global market for OLED materials is poised for a rebound after experiencing a deficit in recent years.

A new Omdia research report, Checking in with hyperscalers’ AI chips: Spring 2024 finds that Google has taken a clear lead among the hyperscale cloud providers when it comes to their efforts to compete with NVIDIA in AI hardware.

OLED monitor display shipments significantly increased in 2023, following an upsurge of 415% year-over-year (YoY),  according to Omdia's Monitor Display & OEM Market Tracker.

AI is coming to the PC, but Apple and NVIDIA already have a lock on creative and gaming users, leaving the volume enterprise market and the developer space as the main opportunities for the new technology Intel and others have recently announced, says a new Omdia report.  

Since ChatGPT emerged, GenAI development and deployment have been gaining significant momentum in Asia and Oceania. Omdia’s new Generative AI in Asia & Oceania – 2024: Democratisation through localisation report indicates that software revenue for GenAI in this region is estimated to be around $3.4 billion by the end of 2024 but is projected to exceed $18 billion by 2028.

Recent findings from Omdia predict an 8% year-over-year increase in the demand for display polarizers in 2024, which is anticipated to contribute to a 2% rise in annual revenue, amid stiff price competition and significant capital injections from Chinese producers.

Omdia’s latest Competitive Landscape Tool report reveals a downturn in the semiconductor industry, with revenue down 9% from $597.7 billion in 2022 to $544.8 billion in 2023.

According to Omdia's latest market tracker, the global direct view LED market not only grew by 1.3% compared to the previous quarter in 4Q23, but also increased by 20.2% compared to the same period last year.

Since the democratisation of machine learning (ML) in robotics, ML-powered workloads have become highly diverse.

PCs will be the main driver of growth in the AI edge processor market over the next four years, according to new research from Omdia.

New research from Omdia indicates that the market for AI processors designed for Edge computing is expected to nearly double by 2028, with PCs forecasted to be the primary growth driver over the next four years. 

According to the latest findings from Omdia's AI Processors Mergers & Acquisitions Tracker, despite a burgeoning demand for AI chips, the number of deals involving AI chip companies remains modest. 

The cellular Internet of Things (IoT) ecosystem is on the cusp of a significant transformation by 2030, a change propelled by the emergence of 5G technologies, as highlighted in recent Omdia research.

Owing to slower demand early in the year in 2024 along with panel makers’ efforts for LCD panel price protection, Omdia forecasts say display fabs’ overall utilisation will lower below 68% in 1Q24, according to its latest Display production & Inventory Tracker – December 2023.

Led by continued demand for AI, the total semiconductor industry grew 8.4% in 3Q23 from 2Q23 hitting $139bn according to Omdia’s latest Competitive Landscape Tracker.

According to Omdia's latest Display Production and Inventory Tracker, overall utilisation of display fabs is expected to fall below 70% in the fourth quarter of 2023 (4Q23), as demand slows and efforts by panel makers to protect LCD panel prices decrease.

Explore the impact of AI on the semiconductor industry in Omdia's exclusive e-book, written by Senior Research Director, Michael Yang, and Principal Analyst, Alexander Harrowell. Understand how the release of the chatbot, ChatGPT, has increased demand for processors and memory, and discover the factors shaping the sector as it develops a new generation of AI-optimized chips.