Consumers worldwide will increase spending on digital home devices by 32 percent to $159 Billion in 2006, according to the latest research from Strategy Analytics' Connected Home Devices service. The report, "
Digital Home Devices Global Market Forecast," predicts that digital cameras, DVD players and MP3 players will be the most popular items this year. In terms of revenue, however, LCD and plasma TVs are the star performers.
Consumers around the world will spend nearly $70 Billion on flat panel TVs during 2006, representing 44 percent of total digital home market revenues.
This report identifies a trend towards IP-connected devices as the next important wave in the migration toward digital homes. Fourteen percent of digital home devices sold this year will be IP-enabled, which allows them to access digital media websites on the Internet, or stored on the home network.