Printed from http://www.electronista.com

Report:LCD-TV to dominate consumer electronics market

updated 11:55 pm EDT, Thu October 9, 2008

LCDTV to dominate market

The Global LCD-TV market is expected to become the dominant segment in the consumer-electronics industry by 2012, according to an iSuppli report. Strong continued growth is anticipated for the industry in the coming years, even through difficult economic situations, as analyst Sheri Greenspan said "consumers want their electronics, in good times and in bad." LCD-TV revenue is even set to exceed the strong numbers from appliances, a segment that has held the top position for years.

The continued expansion of LCD-TVs has been driven by circumstances that include change to digital broadcast, lowering of component prices, and consumer demand for high-definition image quality and thin profile devices. Another market expected to follow the same upward trend is digital Set-Top Boxes (STBs), digital cameras, and video game consoles.

Greenspan also foresees devices offering convergence of functionality, a trend that has already been developing in the age of single devices capable of phone, internet, camera, and GPS functions. Along with the "coolness" factor, the convergent capabilities can potentially save money for consumers by integrating multiple functions into one product.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

Sponsor

toggle

Most Commented

 
toggle

Popular News