Attendees at the Consumer Electronics Show in January saw how pivotal internet services have suddenly become to TV products. Overall, nearly 20% of all TVs shipped in 2010 featured connected TV capabilities.
According to the DisplaySearch Q1’11 Quarterly TV Design and Features Report, the connected TV category is forecast to grow to over 123 million shipments in 2014 (at a 30% compound annual growth rate).
Emerging markets will also play a major role in this growth, with Eastern Europe forecast to grow from 2.5 million connected TVs shipped in 2010 to over 10 million in 2014. In addition, DisplaySearch findings indicate that 33% of flat panel TVs sold in China in 2013 will have internet capability.
Read the full press release with more information here: http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/110425_connected_tvs_forecast_to_exceed_123m_units_in_2014.asp