Thursday, May 13, 2010

LCD TVs and personal computers defy declining CE sales trends, providing opportunities for manufacturers to build new revenue streams

CONNECTIONS™ addresses potential of new 3D and connected TV enhancements

The percentage of U.S. broadband households purchasing CE continues to decline year over year, falling from 87% in 2007 to 76% in 2009, according to international research firm Parks Associates.

This continuing trend of declining sales looks grim for CE manufacturers, but Parks Associates, which will host CONNECTIONS™: The Digital Living Conference and Showcase on June 8-10 in Santa Clara, indicates specific categories, including LCD TVs and personal computers, have actually exceeded their expected sales.

“Already over one-half of households are spending less on CE in 2010 than they did the year before,” said Kurt Scherf, vice president, principal analyst, Parks Associates. “The recession has deeply affected consumer spending, but several product categories have defied the downward trend. Industries can develop new revenue streams by building off of these devices, such as Web-based apps or 3D programming for connected LCD TVs or support services bundled with a new computer purchase.”

CONNECTIONS™ will feature multiple sessions in the Consumer Electronics track discussing the state of the market and business strategies to leverage these devices:

Design Elements for Connected CE
Monetizing Connected CE
The Future of the Set-top Box
3DTV

The panels will feature speakers from 2Wire, Actiontec Electronics, ActiveVideo Networks, Allegro Software Development Corporation, BigBand Networks, BridgeCo, Cisco Systems, Gigle Networks, Motorola, Orange/France Telecom Group, PacketVideo, ProVision, RedMere, Roxio CinemaNow, Technicolor, Xpand, Yahoo!, and Zenverge.

CONNECTIONS™ will also feature the keynote presentation “TV Technology in the New Age of Consumer Buying,” from Scott Birnbaum, Vice President, Samsung LCD Business, on June 9 at 10:00 a.m.

For more information, visit www.connectionsus.com or contact [email protected], 972-490-1113.

About CONNECTIONS™

Parks Associates' 27th annual CONNECTIONS™: The Premier Connected Home Conference features an in-person conference on May 23-25, 2023 and multiple virtual sessions hosted throughout 2023. The event focuses on the adoption of technology including smart home, security, connected health, energy, and home automation.

Bringing together more than 1,500 senior executives, CONNECTIONS™ provides networking opportunities combined with visionary keynotes and virtual sessions. The Parks Associates analyst team leads all conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design.

Throughout the event, sponsors offer demos during networking events, spotlighting new technology innovations and services for the entertainment, mobile, and smart home market segments.

CONNECTIONS™ 2023 features an in-person conference on May 23-25, 2023, with virtual sessions on March 2, July 20, and October 5. For more information, contact [email protected], call 972-490-1113, visit www.connectionsconference.com.


 

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