Deteriorating Global Market Conditions Starting To Impact 2022 TV Outlook
It looks like another difficult year ahead for TV set sales, and that’s not likely to be good for big price promotions as the year wears on, according to a market research report just out from TrendForce. The firm has revised down its full year…
Omdia: TCL Could Be Poised To Reach No. 2 Global TV Market Share Position In 2022
TCL could be preparing to leap frog LG Electronics this year into second place in world market share of television unit shipments, according to research attributed to Omdia. South Korean electronics business trade news service The Elec, cited Omdia research data Monday indicating TCL is…
CTA Sees Overall 2022 U.S. TV Shipments Falling 13% To 40.4M Units
Factory shipments of TVs of all types to the U.S. market declined an estimated 5.8% in 2021 to 46.6 million units from 49.4 million in COVID-lockdown accelerated 2020, according to the CTA’s January 2022 Consumer Technology Forecasts. As the global pandemic continues to abate, and…
Study: Smart TV Global Penetration To Reach 54% Of Homes By 2026
The estimated global penetration of smart TVs at the end of 2020 stood at 665 million households (or 34% of households around the world), according to a new study from market research firm Strategy Analytics. The study released last week further forecasts the penetration number…
CTA: 2021 U.S. TV Sales To Decline In Units But Grow In Revenue
The Consumer Technology Association (CTA) has released its mid-year industry forecasts study predicting retail sales revenue for the U.S. tech industry will reach a record-breaking $487 billion by the end of the year, reflecting a 7.5% jump from a year ago. The forecast is expecting…
Strategy Analytics: Global CE Industry Grew In 2020
Despite the impact of COVID-19 around the world last year, sales of consumer electronics products generated factory dollar revenue of $358.5 billion, up 7% from 2019, according to data released by market research firm Strategy Analytics. According to the firm’s Global Consumer Electronics Market Forecasts…
High-End TV Display Growth Predicted Through 2025
High-end TV displays are expects to be 30% of all TV display in 2025 in unit base, and 57% in revenues base according to Omdia’s latest 3Q20 Display Long-Term Demand Forecast Tracker. As the sitcom song goes, “we’re movin’ on up” in the mix of…
NPD: Bigger Screens, HDR Driving TV Replacements
U.S. consumers continue to gravitate to larger and larger TV screen sizes with the number of installed sets measuring 60-inches and larger, up 15% from a year ago, according to data recently released by U.S. market research firm NPD. At the same time, the average…
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