In-Stat: Explosive Market Growth for Consumer Electronic Devices

Demand for consumer electronic (CE) devices is soaring in the US – especially in key segments like 3DTVs and Mobile Internet Devices (MIDs)/Tablets. Year-over-year shipment growth for these two segments will be 142 percent and 231 percent, respectively, between 2010 and 2011, according to In-Stat.

3DTVs and MIDs/Tablets will also represent a bright spot for CE manufacturers and content providers because the installed base for these segments will continue to expand steadily.

“The US installed base units for 3DTVs and MID/Tablets will double from 2010 to 2011 and on through 2013,” says Stephanie Ethier, In-Stat analyst, in a statement. “In fact, In-Stat expects the total US installed base of CE devices to almost double between 2009 and 2013.”

The recent research by In-Stat entitled "US Consumer Electronic Device Tracker: Shipments and Installed Base" found:

• The US installed base for smartphones to reach 198 million by 2013.
• Mobile PCs will continue to lead the computing category in units shipped through 2013.
• Despite many bright spots in the US CE market, maturing segments like portable media players (PMPs) and desktop PCs will show declining growth rates through 2013.
• By 2013, there will be 1.9 billion installed CE devices in the US.