Omdia: Gaming Devices Should Boost 2021 TV Shipments
The unlikely growth seen in TV sales during this year of the pandemic should continue in 2021 largely due to the 2020 holiday launches of Sony’s PlayStation 5 and Microsoft’s Xbox Series X next-gen video game consoles, market research Omdia recently announced.
Omdia didn’t supply forecasts for 2020 global TV shipment volume, but according to recently announced estimates from Omdia competitor Futuresource, the collective TV industry should ship approximately 233 million units globally, up 1.2% from 2019.
Omdia said its expects the video game console shipments will follow similar sales patterns to prior years in which two competing console systems launched in the same time frame.
The last time Sony and Microsoft launched gaming consoles in the same year was November 2013. The PlayStation 4 and Xbox One were both launched in November of that year, leading to a 32% increase in console shipments the following year and a 5% increase in TV shipments, Omdia said. A similar result is expected in 2021.
This time around, TV makers including Samsung and LG have launched select 4K and 8K TV models supporting up to 4K/120fps refresh rates among other advanced gaming features, and the new PlayStation 5 and Xbox Series X models should each support these capabilities once they are used in forthcoming advanced gaming titles, eventually. It may take games supporting 8K content a while to rollout, although both platforms were developed to support it at some level.
The firm expects the two consoles will boost global shipments of video game players by 31% more next year compared to 2020.
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By Greg Tarr
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