Installed Base of “Smart TV” Web-Enabled Home Consumer Electronics Devices to Reach Over 230 Million by 2014

The Majority Deployed in North America and Europe

Scottsdale, Ariz., January 20, 2011 - The global installed base of web-enabled stationary consumer electronics (CE) devices is growing rapidly and includes a wide variety of devices.  Typically, web-enabled CE devices can execute widgets, small software application programs that directly access an online portal, such as Netflix, Amazon VOD, Pandora, or YouTube.  The development and use of Smart TV applications are expected to proliferate over the next five years and, as a result, web-enabled CE device shipments are expected to grow 6 fold, surpassing 230 million installed units by 2014, the majority of these in North America and Europe, says In-Stat.