Jane Tan, Business and Public Relations Manager - Asia Pacific
Phone: 65 6780 4321; Email: jane.tan@rbi-asia.com
Asia Multimedia
Asian Vendors Flourishing in Digital TV Market
SCOTTSDALE, Ariz., April 11, 2005 -
The Asian digital TV market will more than double from 10.4 million shipments in 2004 to 28.8 million in 2008, reports In-Stat (http://www.in-stat.com). China, Japan, and South Korea are the biggest Asian markets for digital TVs. In fact, China boasts the largest TV market in the world, and Japan enjoys the fastest development in LCD TV globally. Korean vendors top the global TFT-LCD panel shipment while competing with Japan in PDP TV panel production.
"Japan has been leading the TV market for a long time, creating international brands such as Sony, Sharp, Panasonic, Sanyo, Toshiba, and Hitachi," says Rudy Teng, Managing Director of In-Stat's Asia Pacific research. "However, with the recent active promotion of the high-end brands LG and Samsung from South Korea, and brands like TCL Chang Hong, Konka, and Skyworth from China occupying the middle and lower-range market, together with new entrants BenQ, Teco and Sampo from Taiwan, the digital TV market is flourishing in several Asian countries."
A recent report by In-Stat found the following:
The regional market reached US$14.2 billion in 2004. Of which US$3.3 billion went to digital CRT, US$4.2 billion for RP TV, US$1.8 billion for PDP TV, and US$ 5.0 billion for LCD TV.
Its huge population makes Asia the largest TV consumption market in the world. In China alone, the overall TV market (analog and digital) in 2004 exceeded 35 million units.
Asia is projected to be the digital TV market with most growth potential in the world.
Recent In-Stat research, For Your Viewing Pleasure: Digital TV Gets Top Billing in Asia (#IN0502387ACM), analyzes the digital TV market in Asia, including the development and competitive positions of major players in Japan, South Korea, China, Taiwan and other regional markets. It contains forecasts of digital TV shipments and revenues in the region through 2008.
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In-Stat’s market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology vendors, equipment manufacturers, service providers and media companies worldwide rely on In-Stat to support critical business, product and technology decisions.