Contrary to some recent melodramatic predictions, the television industry isn't dying but is undergoing a process of rapid change, according to a recent report from Strategy Analytics.
The research group says that the global installed base of TV-addressable screens is in fact in the middle of a second wave of rapid expansion. The first wave peaked in 2007 and was driven by consumer PC adoption.
The current wave peaked in 2012 and is being driven by mobile devices. Together with traditional TVs these "new TV" devices increased the global installed base of TV addressable devices to 5.1 billion at the end of 2013. By 2017 a further two billion TV devices will have been added to the global population.
"TV's impending death has been overstated by some commentators," says David Watkins, director, Connected Home Devices (CHD). "The reality is that, while the television industry is changing and will look different in the future, it is very much alive. TV screens are...| Read more »