650m online TVs by 2017

COMPUTING

|
Image: By BiztechAfrica
650m online TVs by 2017

A new report from Juniper Research forecasts that the number of residential TVs, connected to the Internet via different platforms such as  Blu-ray players, set-top boxes and consoles, and also via built in wireless or Ethernet connectivity, will reach almost 650 million by 2017.

The report finds that Smart TVs are becoming mainstream amongst consumers, similar to smartphone and tablet adoption. Even though the replacement cycle of TVs are longer than for, say smartphones, the report forecasts strong growth over the forecast period.

The report ‘Smart Home Ecosystem: Connected Devices, Service Models & Revenues 2012-2017’ finds that there is an increasing demand from consumers for new video content services from so called OTT providers Netflix, LOVEFiLM and YouTube. The revenue and profitability of traditional entertainment services within the home has attracted many new players including content aggregators and platform providers such as Apple and Google.

This consumer demand for connectivity and content has influenced the smart home entertainment segment in a major way along with the integration of social media, multi-screen strategies and applications.

Report author Nitin Bhas noted that as the cost of these connected devices fall over the period of forecast, the value of connectivity will rise.

“The consumer electronics industry along with key players, such as the content aggregators and platform providers, needs to clearly define this device ecosystem and start working towards driving this phase of growth and turn it into a revenue opportunity”, Bhas added.

The report adds that Smart Home Revenues will reach almost USD60bn by 2017, rising from USD25 billion this year



Share the News

Get Daily Newsletter

Search News

comments powered by Disqus

MORE COMPUTING NEWS

Nokia aims to make Ghana’s ICT market more dynamic

Nokia says the introduction of its first innovation road show in Ghana is geared towards offering the country’s ICT market the opportunity to benefit from Nokia’s state-of-the-art technologies and concepts to transform networks to be more dynamic, agile and evolving. Read More

M2M technology driving agriculture’s industrialisation

The agriculture and Information and Communications Technology (ICT) sectors are heading for a union that is being brought about by natural calamity, economic developments and changes in the ICT space. Read More

Penplusbytes to share experience at 8th ICT4D Conference in Nairobi, Kenya

The Executive Director of Penplusbytes, Kwami Ahiabenu II, will be speaking on promoting effective governance using ICTs at the eighth annual ICT4D conference  underway  in Nairobi, Kenya. Read More

Dirt to data – The new revolution in agriculture

It is estimated that, through technological innovation, the Internet of Things (IoT) has the potential to increase agricultural productivity in Africa by 70% by 2050.  Read More

Criticism over Remita borne out of ignorance, says SystemSpecs

The CEO of SystemSpecs, the company behind the revenue-saving Nigerian Single Treasury Account (TSA) system, speaks to Biztechafrica. Read More

MainOne joins global effort to support women in ICT

MainOne has lent its voice to the global campaign urging girls and young women to consider careers in the growing information and communications technology (ICT) sector during the International Girls in ICT Day. Read More

Huawei identifies unique cloud solutions for Nigeria

ICT solutions provider Huawei said after a comprehensive study of Nigerian enterprise terrain, it has defined its cloud transformation agenda along four segmentations. Read More

100 non-profits receive Microsoft grants to close gap in computer science

Microsoft Philanthropies has announced grants for over 100 non-profits worldwide, of which 14 are in the Middle East and Africa.  Read More

Liquid Telecom Kenya launches data protection ‘CrashPlan for Africa’

In a bid to guard against rising cases of IT related frauds causing financial losses to businesses, Liquid Telecom Kenya has launched a backup and restore service dubbed CrashPlan for Africa, for businesses in Kenya to secure their data. Read More

Airtel, Microsoft encourage girls to look to ICT careers

Airtel Ghana, through its Evolve with STEM initiative, has collaborated with Microsoft Ghana for the maiden edition of the internationally acclaimed DigiGirlz Day in the country. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks UnlimitedArbor Networks

FEATURED STORY

Government should encourage youths in ICT earlyGovernment should encourage youths in ICT early

Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.

IN DEPTH

IBM Opens First Cloud Data Centre in South AfricaIBM Opens First Cloud Data Centre in South Africa

IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.  

COMPANY NEWS

Enhancing your security posture to fight new ransomware threats

Petya ransomware is proving to be one of the top cybersecurity stories of 2016. 

Arbor stops malware in its tracks

There is always a substantial amount of banking trojan activity taking place, however, recent developments have intensified the threat landscape.