The Rapid Growth and Opportunity of the Smart TV Market
POINT ROBERTS, Aug. 29, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on Monday’s trading idea, consumer electronics stocks in the Smart TV/ Connected TV market . The market penetration is showing rapid growth globally and presents an opportunity for investors to ‘follow the money’ in the consumer electronics sector.
How big is the Smart TV/ Connected TV opportunity? According to a report, Global Connected Consumer Electronics (CE) Devices Market Forecast from Strategy Analytics, “Our latest research of global consumer electronics markets indicates that global CE device revenues will reach $468 billion in 2011, a growth rate of 6% over 2010. Forecasts for 2011 represent a positive growth rate of 19% in unit sales. For connected (network-enabled) CE devices we expect 30% unit growth in 2011 and 15% market value growth to reach $332 Billion.”
They also note, “Sixty-seven percent of all FPTV units sold in 2015 will be Connected TVs.”
So who are some of the publicly trade players going after market share? Big companies include Sony (NYSE: SNE) and Samsung’s (KSE) 005930 with smaller companies like Nyxio Technologies (OTC: NYXO) entering the space as well.
Nyxio Technologies (OTC: NYXO) recently reported in its August 18th news release, “The consumer electronics industry is rapidly growing, and we are excited to be a part of the next generation of truly smart televisions on the market,” said Giorgio Johnson, founder and CEO of Nyxio. “The VioSphere Smart TV is the first of its kind and we want to continue inventing forward-thinking and state-of-the-art solutions for home use.” Samsung’s (KSE) 005930 general manager, Audio Visual Division, Samsung Gulf Electronics Uustin Shaw, recently commented, "Since the launch of Samsung's Smart TVs in the UAE, sales have increased almost 4% every month. We have recognized several factors that have created demand for Smart TVs in the UAE; including advanced technology infrastructure and a rise of tech-savvy consumers."
Showcase Smart TV Stock - Nyxio Technologies Corporation (OTC: NYXO)
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Nyxio Technologies (OTC: NYXO) was established in 2007 to deliver high-quality, cutting-edge products to the consumer electronics industry. Nyxio identifies gaps in the market and develops creative products to fill those voids, such as with the world's first integrated flat screen TV and full PC, the VioSphere Smart TV. In addition, by consolidating key hardware into more efficient devices, Nyxio not only reduces the overall environmental footprint of end users, but keeps products reasonably priced. Headquartered in Portland , OR
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