Consumer will seek networked devices in 2008

The manner by which consumers create and share content, enjoy a variety of programming and entertainment applications, communicate, and enhance productivity at home and on-the-go is evolving as digital technologies become more mainstream, according to a new Parks Associates white paper titled, Consumer Technology: Key Trends and Outlook for 2008. According to the new paper, sales of networked CE devices will grow from 9.8 million units in 2007 to 71 million in 2011.

Parks predicts home networking will make its most-significant strides into the consumer electronics space in 2008 and connectivity in new products and services-driven applications will be the most sought-after gadget features next year. In addition, revenues for online video are expected to climb to $9.7 billion by 2011 (up from $1.4 billion in 2007) and nearly 92 million households will subscribe to a digital video service in 2011, up from 70 million in 2007.

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