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Report: Global TV, Video Market Worth $214B by 2013

3 Dec, 2009 By: Chris Tribbey

Looking just a few years out, research firm Research and Markets is pegging the worldwide TV and video hardware market to be worth $213.9 billion, a staggering increase of 24.4% from 2008.

Today that market is worth $171.9 billion, a jump of 8% from 2008. The Americas account for 37.2% of worldwide revenue, and TV sales lead the revenue share with 77.4% of the market's overall value.

Research and Markets data combines sales of TV displays, VCR, DVD and Blu-ray Disc hardware, camcorders, video cameras, and set top boxes.

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