High-definition TVs, GPS devices and LCD flat-panel TVs have experienced the largest percentage growth in ownership in the past year among U.S. residents, according to the CEA's 11th Annual Household CE Ownership and Market Potential study. The report goes on to say that HDTVs now are in 52% of U.S. homes, portable/handheld GPS devices are in 30% and LCD flat-panel TVs currently are in 36%.
The shift to digital TV continues at an almost breakneck pace for European consumers, with new research predicting that Western European households will break the 50% barrier by year's end. The public is "increasingly demanding full-service products that can offer traditional broadcast TV plus a range of other services, such as pay TV, HDTV, VOD, broadband and telephony services. TV companies and telcos are jostling for position to fulfill this growing demand," said the forecast's co-author, Ted Hall.
Dell is tapping into emerging markets with its new in-store retailing experience. The computer maker hopes the traditional brick-and-mortar locations in Russia and Hungary will help the brand gain in popularity. "In Hungary, Internet shopping is not as widespread as in the U.S. or Western Europe, so it is very important that people can come to the brand store," said Tams Damjn, country manager for Dell Hungary.
To stay innovative, businesses in the consumer-electronics space must embrace digital technology, support global trade, avoid being overprotective, help foster competition among broadband providers and support energy efficiency, according to Consumer Electronics Association (CEA) President and CEO Gary Shapiro.