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Internet
Growth Driving Smart Appliance Market; Unit Sales to Top 20 Million
by 2005
SCOTTSDALE, Ariz., May 23, 2001
- The market for smart consumer appliances, non PC devices that
access the Internet as their primary function or to enhance their
core functions, has been slow to get out of the blocks but will
soon gather speed and exceed 20 million units by 2005, according
to Cahners In-Stat Group (www.instat.com).
Smart appliances are divided into three
main segments, which include internet-enabled consumer electronics
such as radios, picture frames and analog televisions, Internet-enabled
white goods and dedicated email devices. For this market, the high-tech
market research firm forecasts a compound annual growth rate (CAGR)
of 101% for the period 2000-2005. "Although the past year has been
rocky for the Internet Access Device market, most of the players
that were in this space a year ago are still in it today," says
Cindy Wolf, Research Analyst with
In-Stat's Internet Access Device Service. "And the number of players
and new products is growing, indicating that manufacturers are not
discouraged by the market climate."
"Manufacturers have noted reasons for
success and failure in other recent consumer electronic product
introductions and are focusing on specific features that create
value, while keeping price in mind," Wolf says. "Nevertheless, they
will have to educate consumers on the new capabilities of these
devices."
In-Stat's research also found:
- The worldwide Internet penetration
rate, including broadband connectivity, will have a large impact
on the success of these products.
- Some manufacturers are awaiting
technical standards for interoperability before venturing into
the market.
- The analog Internet TV segment will
lead this market in terms of growth with a CAGR of 115%.
- In the future, there will be an
emerging market for Internet-enabled cars
The report, Smart
Consumer Appliances (#ID0103AD), includes product descriptions
and marketing strategies of major players in each of the smart appliance
market segments and features forecasts for each segment through
2005. It also contains analysis of industry trends, market drivers
and an overview of operating systems.
To purchase this report, or for more
information, please contact Matt Woods at 617.630.2139; mwoods@instat.com.
The report price is $ 2,995 USD.
Cahners In-Stat Group (http://www.instat.com)
covers the full spectrum of digital communications research from
vendor to end-user, providing the analysis and perspective that
allows technology vendors and service providers worldwide to make
more informed business decisions.
For more information,
contact:
Cindy Wolf,
Research Analyst - Internet Access Devices
Phone: 480.609.4532
Email: cwolf@instat.com
Kirsten Skedd,
Marketing Manager
Phone: 480.609.4534
Email: kskedd@instat.com
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