Connected Devices: 70% of CE Market

Nearly 70% of consumer electronic (CE) industry 2011 revenues will come from Internet connectable devices, according to the latest research from the Strategy Analytics Connected Home Devices (CHD) service. Internet connectivity has become a key feature for the m...

Nearly 70% of consumer electronic (CE) industry 2011 revenues will come from Internet connectable devices, according to the latest research from the Strategy Analytics Connected Home Devices (CHD) service. Internet connectivity has become a key feature for the majority of CE devices, whose global installed base is expected to reach the 2 billion unit mark by the end of the year.

"While connected flat panel TVs, set-top boxes and DVRs still represent a small portion of their respective product segments, 68% of all CE devices sold this year will be connectable to the Internet." said Peter King, director at Strategy Analytics, in a press release.

According to the report, global connected TV device revenues will exceed $95 billion in 2015, representing more than one-quarter of the overall connected device market.
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