Tag: billion

Consumers To Spend $10 Billion On Home Audio

Online consumers are planning on emptying their pockets this year and spending $10 billion on home audio products, according to the Consumer Electronics Association. The $10 billion covers speakers, receivers, media servers and other home audio products.
The projections are based on the Consumer Electronics Association’s "2007 Audio Purchasing Study" which was designed to evaluate online consumers habits in purchasing home audio products such as Home-Theater-In-A Box (HTIB) systems, component A/V receivers and speakers.

Online TV Revenue To Reach $6.3 Billion

Online TV and video are arguably still in their infancy, but are set to become a strong revenue earner on a global scale. In a new report titled “Online TV and Video: Beyond User-Generated Content” from Informa Telecoms & Media, online TV and video services stand to generate global revenues of $6.3 billion by 2012. That is close to 10 times the revenue generated in 2006.

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