The share of 4K TVs in
Western Europe is greater than in any other part of the world.
Speaking at the DTG Summit, Paul Gray,
Principal Analyst, Consumer Devices, IHS Markit said this was surprising
because of the smaller screen sizes traditionally found in the market compared
with the United States or Canada.
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“Screen sizes in Western Europe are growing
rapidly, so what we see now in Europe is what we see is the same as the US, “
Gray told delegates.
He explained the rise of the 4K set was being
driven by the LCD panel industry and over-capacity in China. The falling prices
meant that money was not going to be a problem.
The UK is also likely to be the country to
adopt new TV products first.
However, once they have the sets the problem
is likely to be content with only 14% actually having access.
Study: Just half of 4K TV owners have watched
4K content
Hub’s inaugural study
on entertainment technology, Entertainment in the Connected Home,
shows that even though ownership of new connected devices in the US is high,
many who own them don’t use most of their core capabilities.
Highlights from the
study include:
1) Half of TV
homes is the US now have a 4K set – but only half of those with a 4K set have
ever used it to watch 4K content.
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·
47 per cent say they have at least one
4K set; in fact, when one factors in multiple sets in some households, there’s
nearly one 4K set for each TV home, on average.
·
However only 55 per cent of those
with a 4K TV set have ever used it to watch 4K content. The others
essentially use it as a non-4K TV.
2) Two thirds of
TV households have a Smart TV – but many of those sets aren’t even connected to
the internet.
·
68 per cent of TV households have a
Smart TV (i.e. a set with built-in internet connectivity)
·
o
But 14 per cent of those with a
Smart TV haven’t even connected the set to the internet
·
Among those who have connected their
Smart TV, 69 per cent use it to watch streaming content at least weekly
·
o
But a quarter (23 per cent) stream
through their Smart TV only occasionally, and 8 per cent never do
·
Adoption of Smart TVs hasn’t
eliminated use of TV connectors. More than half (54 per cent) of Smart TV
owners also have a streaming media device, like a Roku or Amazon Fire
3) Even though
adoption of new home entertainment tech is high, retailers are still a key part
of the research and purchase process. For example, among those who intend
to buy a 4K/HDR set in the next 12 month.
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One third (32 per cent) will do
in-person research at a retail store, tied for the top tier of information
sources, along with online reviews on retail sites and online reviews by
experts
·
42 per cent intend to buy in person
at a retail store, and 22 per cent say they’ll buy online from a retailer and
pick it up at the store
·
Only 27 per cent intend to go
online-only: buy online and have it delivered to their home
“With 4K TV sets, we
see the classic case of capability leading content, similar to what was seen
with high definition and 3D sets,” said David Tice, co-author of the study.
“With 8K TV sets and ‘Next Gen TV’ broadcast TV sets soon to debut,
manufacturers must be careful that their technological ambitions don’t outstrip
the ability of content creators and distributors to serve new platforms –
otherwise consumers will tune innovation out.”
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“It’s really
interesting to see the importance of the retail channel, even as consumers are
buying more of everything online,” said Jon Giegengack, one of the
co-authors. “People still want to see and touch before they buy, even
though they often don’t intend to use new features. This suggests retail
partnerships, like the one between Amazon and Best Buy on TV sets, might be a
real opportunity for content providers to drive adoption and content.”
These findings are
from Hub’s Entertainment in the Connected Home study, conducted
among 5,131 US consumers.
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Source: broadbandtvnews & advanced-television
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