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Web-connected electronics sales to double in four years

DIGITAL: Consumers will buy more than 100 million components in 2013

By Danny King -- Video Business, 5/6/2009

MAY 6 | DIGITAL: Worldwide annual sales of Web-connected electronics components will double within the next four years as more people try to take advantage of a broadening range of digital-content services, according to a Parks Associates report released yesterday.

Global consumers will buy more than 100 million televisions, Blu-ray Disc players, videogame consoles and other Web-connected electronics components in 2013, according to the report. The typical household also will boost its electronic storage capacity substantially as people download more content.

"Consumers are very interested in bringing Internet content to the television," Kurt Scherf, principal analyst at Parks, said in a statement. "For devices to offer a compelling value proposition, they will have to feature connectivity within the home network and to the services coming to the home."

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