Seventy percent of Consumer Electronic (CE) industry 2011
revenues will come from Internet connectable devices, according to Strategy
Analytics.

Internet connectivity has become a key feature for the
majority of CE devices, whose global installed base will reach the two billion
unit mark by the end of the year.

While connected flat panel TVs, set-top boxes and DVRs
still represent a small portion of their respective product segments,
sixty-eight percent of all CE devices sold this year will be connectable to the
Internet.” said Peter King, director at Strategy Analytics.
 

According to this report, Connected TVs represent one of
the biggest growth opportunities over the next five years as major vendors,
such as Samsung, LG and Sony, push their Smart TV initiatives. Global connected
TV device revenues will total in excess of $95 billion in 2015, representing
more than one-quarter of the overall connected device market.

Sixty-seven percent of all FPTV units sold in 2015 will
be Connected TVs. This represents a 38 percent compound annual growth rate over
the next five years,” said Jia Wu, senior analyst in the Digital Consumer
Practice.

Growth in the overall TV market will be modest, the
market values of connected TVs will more than double during the same period.

By Telecomlead.com Team
[email protected]