Spurred by growth in Latin America, China and Eastern Europe, global sales of connected televisions are projected to reach 123 million units by 2014, according to a new report. Santa Clara, Calif.-based research firm DisplaySearch said 20% of all TVs shipped in 2010 included Web access capabilities.
Strong growth in Japan, China and Western Europe helped worldwide shipments of Internet-connected televisions reach 21% of total unit shipments in 2010, according to a new forecast. Santa Clara, Calif.-based DisplaySearch said Japan and China — the latter saw 12% of all flat-panel TVs sold feature connectivity — helped buttress a slow start for Web-enabled TV sales in the United States and North America. While connected TVs will play center stage at the annual International Consumer Electronics Show confab in Las Vegas, No. 1 CE retailer Best Buy said initial consumer response to connectivity and 3DTV through Black Friday
The success of 3D as consumer television format will be dependent not just on what happens in the U.S. market but also on global adoption fueled by the quantity and quality of content production.
Crestron Electronics announced Friday that it has opened a new sales and training office in Moscow, a move meant to meet demand for products in Russia and Eastern Europe.
According to a new report from InfoTrends entitled Worldwide Camera Phone Forecast: 2007-2012, worldwide shipments of camera phones will jump from over 700 million units in 2007 to surpass 1.3 billion in 2012. This growth will be driven largely by the Asia-Pacific and ROW regions, where revenues will increase at respective CAGRs of 15 percent and 24 percent. While Europe has been camera phone-centric for many years, the biggest boost to unit shipments will come from the Eastern Europe, Middle Eastern, and African regions, as more camera phone players will compete to capture a share of these developing markets. InfoTrends’ Senior Research Analyst Carrie
iSuppli, a market analyst in El Segundo, Calif., predicts the market for Internet TV service - professionally produced and distributed mass-market video that is monetized via advertising and distributed through broadband Internet connections - will rise to $5.79 billion in 2011, up from $422.7 million last year. What does this mean for retailers? While the early market for Internet TV delivered to PCs has created growth, the boom will come as more CE devices like TVs, DVD players, game consoles, iPods and portable gadgets become web-connected, causing Internet TV to leap from computer screens into the living room, iSupply said in the