Connected devices to reach 1.34bn in 2016

The number of connected devices will grow from 256.8 million units in 2011 to 1.34 billion units in 2016, driven by the rise of digital televisions, satellite STBs, video game consoles, Blu-ray disc players and recorders, according to In-Stat.

The company’s new research shows that the global market for household consumer electronics is rapidly shifting towards connected devices (which can connect directly to the internet and deliver IP-based video content).

In-Stat findings include:

• The global installed base of ‘smart devices’ will have a CAGR of 52.6% from 2011 to 2016.
• Video game consoles will lead the market in ‘smart devices’, rising to 36.7 million units in 2016.
• The installed base of connected media devices shipped to Eastern Europe will reach 79.2 million devices in 2016.
• Asia Pacific will account for 37.1% of CE devices shipped worldwide over the forecast period.

Read the full article here.