The Custom Electronic Design & Installation Association (CEDIA) has released findings from the new CEDIA market research report, Size and Scope of the Residential Electronic Systems Market in the US in 2011©. Findings indicate that the industry is optimistic about the future.
The report features data on the characteristics of companies working within the residential electronics systems industry in the U.S. The report is an expansion of CEDIA’s research offerings, which are designed to provide CEDIA members and other key stakeholders with market data that will enable them to make better business decisions and identify new opportunities. CEDIA’s Size and Scope of the Residential Electronic Systems Market in the US in 2011© report offers details on the state of the industry as well as current opportunities and threats. The findings of the study indicate that there are 20,000 to 22,500 companies in the US that are installing CEDIA portfolio products in residential environments.
Google chairman Eric Schmidt's claim that half of TV sets in stores next year will have Google TV capability sounds impressive – but how quickly does that mean it will reach everybody? Eric Schmidt, previously Google's chief executive and now chairman, forecast at the Le Web conference in Paris on Wednesday that "by the summer of 2012, the majority of the televisions you see in stores will have Google TV embedded on it". That's because he sees the "smart TV" sector exploding – with companies that make TVs wanting to build in internet connectivity and processing capacity. He didn't specify which companies will be selling sets with that capacity, but Samsung and Sony have already been offering "smart TV" sets for more than a year.
The technology industry is absolutely bent on reinventing television. But nobody seems to be able to answer the big question: what exactly is so broken about TV anyway? It's true that the TV guide in most cable systems is pretty awful -- it looks like Yahoo circa 1994. It's a pain fiddling with a bunch of different remotes. It might be kind of nice to watch YouTube videos on a big screen in the living room. But I'm going to go out on a limb here and say that most TV viewers simply won't care enough about any of this stuff to shell out $1,500 for a new Apple TV, or spend a few hundred bucks and countless hours fiddling around adding a new box to their TV set and figuring out how it works. All of these are destined to be niche products at best -- just like every other attempt to improve TV over the last 20 years.
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