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Smart TVs in high demand, research finds

26.07.11

Televisions that can bolt to the Web and offer built-in applications are set to see strong sales growth in the coming years, a new scrutinize from research firm In-Stat has found.

According to the company, shipments of smart TVs will be up by an average of 36 percent over the next five years.

Built-in applications are becoming an increasingly joint feature in HDTVs. A host of HDTV makers, including Samsung, Vizio, and Panasonic, among others, currently forth users the ability to access apps from their televisions. Several companies offer apps on televisions, including Netflix, Vudu, and YouTube.

In-Stat's den follows similar findings from DisplaySearch earlier this year, which said it expects shipments of connected televisions to become accepted by at a compound annual rate of 30 percent, with total shipments reaching 123 million in 2014.

Currently, according to In-Stat, 22 percent of U.S. households with broadband connections have HDTVs with built-in applications. Out of those, 60 percent use those applications at least once per week. The callers said Netflix streaming and YouTube are currently the most popular applications for those folks.

Source: CNET (blog)

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