More than 20 million web enabled devices by 2005! - NetShift News

Apart from kiosks, ATMs and cash dispensing machine NetShift is actively involved in supplying web enabling software to a variety of industries. NetShift has been used on a variety of Internet devices, web phones, dedicated email devices and even 'fridges. This market is being forecast to overshadow all other markets in size and importance. NetShift is well placed to deploy its platform across a wide variety of the appliances that make up this sector. More details are in this press release.

SCOTTSDALE, Ariz., May 23, 2001 - The market for smart consumer appliances, non PC devices that access the Internet as their primary function or to enhance their core functions, has been slow to get out of the blocks but will soon gather speed and exceed 20 million units by 2005, according to Cahners In-Stat Group (www.instat.com).

Smart appliances are divided into three main segments, which include internet-enabled consumer electronics such as radios, picture frames and analog televisions, Internet-enabled white goods and dedicated email devices. For this market, the high-tech market research firm forecasts a compound annual growth rate (CAGR) of 101% for the period 2000-2005. "Although the past year has been rocky for the Internet Access Device market, most of the players that were in this space a year ago are still in it today," says Cindy Wolf, Research Analyst with In-Stat's Internet Access Device Service. "And the number of players and new products is growing, indicating that manufacturers are not discouraged by the market climate."

"Manufacturers have noted reasons for success and failure in other recent consumer electronic product introductions and are focusing on specific features that create value, while keeping price in mind," Wolf says. "Nevertheless, they will have to educate consumers on the new capabilities of these devices."

In-Stat's research also found:

• The worldwide Internet penetration rate, including broadband connectivity, will have a large impact on the success of these products.
• Some manufacturers are awaiting technical standards for interoperability before venturing into the market.
• The analog Internet TV segment will lead this market in terms of growth with a CAGR of 115%.
• In the future, there will be an emerging market for Internet-enabled cars

The report, Smart Consumer Appliances (#ID0103AD), includes product descriptions and marketing strategies of major players in each of the smart appliance market segments and features forecasts for each segment through 2005. It also contains analysis of industry trends, market drivers and an overview of operating systems.

To purchase this report, or for more information, please contact Matt Woods at 617.630.2139; [email protected]. The report price is $ 2,995 USD.

Cahners In-Stat Group (http://www.instat.com) covers the full spectrum of digital communications research from vendor to end-user, providing the analysis and perspective that allows technology vendors and service providers worldwide to make more informed business decisions.

For more information, contact:

Cindy Wolf, Research Analyst - Internet Access Devices
Phone: 480.609.4532
Email: [email protected]

Kirsten Skedd, Marketing Manager
Phone: 480.609.4534
Email: [email protected]