IMS Research estimates the TV set market experienced a slight decrease in shipments during 2011 when compared to 2010, and forecasts the biggest drop in TV set unit shipments will occur in 2012
Austin, Texas - April 16, 2012. Global market research firm IMS Research (recently acquired by IHS Inc. (NYSE:IHS)) has updated its TV Set Shipments and Forecast Database with new information regarding TV set shipments split by technology, screen size, and feature in addition to TV households split by reception platform in 70 countries. Furthermore, this database includes forecasts for several key TV types, including LED-LCDs, 3DTVs and connected TVs.
Estimates indicate that worldwide TV set unit shipments during 2011 were 0.4 percent lower than in 2010, and the forecast indicates that the TV set market will experience another dip in shipments during 2012. According to Veronica Thayer, market analyst for the TV Set Shipments and Forecast Database, "After Japan's Eco-points program ended, TV sales in the country started to rapidly decline and we expect them to return to the lower pre-2010 figures in the next two years, which is almost half of the TVs sold in the country during 2011." Japan's decline in TV set shipments during 2011 had a great impact on total worldwide unit shipments.
Thayer also adds: "The accelerated growth in the emerging markets will be the key to offset a weakening TV market in developed regions during the next five years." IMS Research expects a turnaround in 2013, with continuous growth in TV set shipments through 2016, boosted by the increase in unit shipments in Latin America, parts of Asia Pacific, Eastern Europe, and Middle East & Africa. Latin America is expected to experience the fastest growth, with a compound annual growth rate of 3.5 percent during the forecast period.
Recent updates also show that demand for LED-backlit LCD televisions has continued to sharply increase worldwide. LED-LCD TV shipments nearly doubled during 2011. IMS Research expects that the price gap between CCFL backlight and LED backlight televisions will close in the next five years, resulting in LED-backlit LCD TVs dominating the market by 2016. Additional features such as 3D and Internet-connectivity also started gaining more presence during 2011, with Connected TVs showing significant uptake among consumers. IMS Research forecasts that during 2016, approximately 40 percent of the TV sets shipped worldwide will have 3D capabilities and close to 70 percent will connect to the internet.
Veronica Thayer will be speaking at the Connected TV Summit 2012. To schedule a meeting during the event please contact by email Veronica.Thayer@imsresearch.com
For more information please contact:
IMS Research: Veronica Thayer - Market Analyst
Veronica.Thayer@imsresearch.com Tel: +1 512 302 1977
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About the TV Set Shipments and Forecast Database
This online database service provides detailed and comprehensive analysis of the worldwide television market. It is updated quarterly throughout the year and more frequently if significant market changes occur. In addition to historical and current year statistics, forecasts are provided for the next 5 years. The TV households are segmented by reception method, and the TV set statistics are sub-divided by technology (CRT, LCD, LED-LCD, PDP, Projection, and OLED), by screen size, and by feature (iDTV, 3DTV, Connected TV).
About IHS Inc. (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959, incorporated in the State of Delaware in 1994, and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs more than 5,500 people in more than 30 countries around the world.
About IMS Research
IMS Research, recently acquired by IHS, is a leading independent supplier of market research and consultancy to the global electronics industry, offering syndicated market studies, custom research and consultancy services. Clients include most of the household names in the industry. IMS Research has offices in Europe, the US, China, Taiwan, South Korea, and Japan. To find out more, contact IMS Research: firstname.lastname@example.org; T: +44 (0) 1933 402255; http://imsresearch.com