Replacement wave to drive renewed growth in TV sales
The first wave of replacement sales in flat panel TV will help to inject renewed growth into global TV sales over the coming five years. Approximately 23 per cent of global flat panel TV sales in 2013 were bought as a replacement for an existing flat panel display and this share is expected to grow to 67 per cent by 2018 helping to drive overall TV shipment growth of 3.8 per cent CAGR over the same period according to a Strategy Analytics Connected Home Devices (CHD) service report.
Other key findings from the report include:
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