Global Revenues Rose Seventy Percent to $16.2 Billion; Integrated Digital TVs And Digital Terrestrial TV Were Key Drivers Boston, MA - May 4, 2005 -According to the latest research from the Strategy Analytics Connected Home Devices service, manufacturers sold 49.3 million digital TV receivers worldwide in 2004, a 50 percent increase on the previous year and an all-time record. Revenue growth was even higher, at 70 percent, because of the growing importance of higher value integrated digital TVs. Global demand will continue to soar in 2005 and beyond as new services are launched and the user base expands. New digital terrestrial television and IPTV services will be key drivers of device sales over the next five years.
"After a couple of years of stagnation, digital TV is once again one of the shining stars of the consumer electronics industry," comments Peter King, Director, Connected Home Devices. "Government mandates in the US in particular will support rapidly growing demand for integrated digital TVs over the medium term."
Strategy Analytics predicts that 2005 sales of digital TV receivers (set-top boxes and integrated digital TVs) will grow a further 38 percent to reach 68.2 million units. By 2010 annual sales will have reached 181.3 million units, worth $39.1 billion in retail revenues. Because of the strength of its integrated digital TV market, North America will account for 65 percent of revenues in 2010. Asia-Pacific will account for 19 percent and Europe 14 percent.
Global Digital TV Device Sales Forecast
| 2002 | 2003
| 2004
| 2005
| 2006
| 2007
| 2008
| 2009
| 2010
|
Annual Sales
(M units)
|
28.0
|
32.8
|
49.3
|
68.2
|
90.6
|
110.6
|
133.5
|
159.3
|
181.3
|
| Growth Rate | | 17% | 50% | 38% | 33% | 22% | 21% | 19% | 14% |
Source: Strategy Analytics, Inc.
Note: includes digital TV set-top boxes and integrated digital TVs