|[January 05, 2014]
IHS News Flash: Updated Forecasts for Critical Consumer Electronics Segments at CES 2014
LAS VEGAS --(Business Wire)--
This is a news flash from IHS (News - Alert) Inc. (NYSE: IHS) issuing updated forecasts
and insights on developments expected at the 2014 Consumer Electronics
Show (CES). The news flash covers the markets for tablets,
ultra-high-definition (UHD) televisions, wearable electronic devices,
automotive operating systems and self-driving cars.
(Graphic: Business Wire)
IHS forecasts nearly half-billion tablet shipments by 2017
IHS's latest forecast for tablets-including both media tablets and
PC-type tablets-predicts global shipments will soar to 488 million in
2017, up from 141 million in 2012. Shipments this year will surge by 72
percent to reach 243 million units, as presented in Figure 1
"Shipments of tablets in 2013 and the coming years primarily are being
boosted by the massive influx of low-cost white box devices from Asia,"
noted Rhoda Alexander, director of tablet
research at IHS. "Market volumes in 2014 and beyond also will be
driven by rising shipments of PC-type tablets, which will be prominently
displayed at CES (News - Alert) this year. This will be a make-or-break year for
Windows-based PC tablets. Because of that, PC manufacturers will be
putting their best foot forward at CES, showing off their most
compelling products for the year."
IHS upgrades UHD TV forecast
In light of swift reductions in pricing, IHS has boosted its forecast
for UHD liquid-crystal display (LCD) television sets. IHS now
predicts 38.5 million UHD LCD TV sets will ship in 2018, up from 1.5
million in 2013, according to the TV
Systems Intelligence Service at IHS. Shipments will fly up more than
500 percent to reach 10 million in 2014, as presented in Figure 2
"While televisio brands will show off their massive new
ultra-high-definition sets at CES, the real focus for UHD makers in 2014
will be cost reduction," said Jusy Hong, senior analyst for consumer
electronics & technology at IHS. "Lower pricing will enable the market
to expand-but UHD sets still have a long way to go before they command a
major share of the overall market. In 2018, UHD will account for only
about 16 percent of all LCD TV shipments."
Exhibitors show off latest wearable devices at CES
Global market shipments of wearable devices for infotainment
applications will rise by 155 percent from 2013 to 2018, according
the IHS report entitled "Wearable
Technology -World-2013". Shipments will grow to 130.7 million units,
up from 51.2 million in 2013, as presented in Figure 3 attached. The
infotainment segment consists of products including Bluetooth headsets,
head-up displays, imaging products, smart glasses and smart watches.
"The wearable electronic device market comprises five disparate
segments: military, industrial, infotainment, fitness and wellness, and
healthcare and medical," said Shane Walker, senior manager for consumer
and digital health research at IHS. "The market is dominated at present
by the healthcare and fitness segments. However, during the next five
years, infotainment is expected to experience the largest growth in unit
shipments of all areas as consumers flock to buy new types of products,
such as smart glasses and smart watches. Because of this strong growth
potential, these devices are expected to be highlighted by numerous
vendors at this year's CES."
Automotive operating systems and self-driving technology get in the
fast lane at CES
Automakers and their suppliers will be out in force at CES. This will
drive a market for automotive infotainment operating systems whose size
will rival that of the PC operating system business, according to IHS
Automotive, driven by Polk.
"The market for automotive infotainment operating systems represents
a major opportunity for software vendors, with platform sales climbing
to nearly 130 million units in 2020-about the size of the global PC
market in 1999," said Egil Juliussen, research director for IHS
Automotive. "Growth is being driven by the multiplicity of platforms in
many cars, with a single auto potentially having one OS for the head
unit and navigation, another for the telematics system and hands-free
interface for mobile phones, and yet another for the rear-seat
Figure 4 attached presents the IHS forecast of the global automotive
infotainment operating system market.
"While self-driving cars are still many years off into the future,
autonomous vehicles will be a major topic of discussion at CES,"
Juliussen added. "A CES session will be dedicated to autonomous driving,
and several major car makers and suppliers will discuss their plans at
The first self-driving cars will hit the road in 2024. Global sales
are expected to rise to 226,000 in 2025, to 4.2 million in 2030 and to
11.8 million in 2035, as presented in Figure 5 attached.
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and
analytics in critical areas that shape today's business landscape.
Businesses and governments in more than 165 countries around the globe
rely on the comprehensive content, expert independent analysis and
flexible delivery methods of IHS to make high-impact decisions and
develop strategies with speed and confidence. IHS has been in business
since 1959 and became a publicly traded company on the New York Stock
Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is
committed to sustainable, profitable growth and employs approximately
8,000 people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners. Copyright ©
2013 IHS Inc. All rights reserved.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140104005024/en/
[ Back To Technology News's Homepage ]