CES 2010 Underway. eReaders, 3D TV Getting the Buzz

The 2010 International Consumer Electronics Show is underway. The show floor opens in about 15 minutes and mediabistro.com will be covering it all -- well, a lot of it anyway. 3D TV and the latest in eReaders are the buzz. But increasingly, the content that fills those screens -- big and small -- has become a part of CES. Last night more than 30 companies displayed their wares at the Digital Safari at the Mirage hotel. A crew from CNN checks out the Yahoo! connected TV platform at Digital Safari Wednesday night. Crunchgear making their way through Digital Safari at the Mirage hotel. Intel held a news conference this morning which was broadcast at the booth on the show floor, before the official opening at 10amPT. The queue was non-existent this morning at Panasonic's 3DTV demo. But that won't be the case for long. • After the jump, the CES news release which followed CEA president Gary Shapiro's opening remarks this morning. "2009 is a year none of us wish to repeat and now we look forward to 2010. There is light at the end of the tunnel and it is the bright light of innovation," said Shapiro. Las Vegas, NV, January 7, 2010 - The consumer electronics (CE) industry will generate more than $165 billion in U.S. shipment revenues this year, a slight increase from 2009, according to the semi-annual industry forecast released today by the Consumer Electronics Association (CEA)Ã‚Â®. CEA President and CEO Gary Shapiro announced the forecast in his opening remarks at the 2010 International CESÃ‚Â®, the world's largest consumer technology trade show. "2009 is a year none of us wish to repeat and now we look forward to 2010. There is light at the end of the tunnel and it is the bright light of innovation," said Shapiro. "We are seeing more innovation at this show than at any show in our history. There are a record number of new exhibitors, more than 330, among the 2,500 companies showcasing the next generation of technology." The CE industry will see positive revenue growth in 2010 after a revenue decline in 2009. Total industry shipment revenues fell an estimated 7.8 percent in 2009 although unit volume increased nearly ten percent for the year as consumers bought electronics at a value, limiting industry revenues. As the economy begins its slow recovery from the recession, the CE industry will lead the way as popular product categories are poised for growth in 2010. The wireless handset category is expected to have a strong 2010, becoming the primary revenue driver for the industry. Smartphones continue to lead the way, generating nearly $17 billion in shipment revenue and more than 52 million unit sales in 2010. Smartphones comprise more than 30 percent of total wireless phone shipments, with that number increasing in the years ahead. Sales of computers are also expected to be a bright spot in 2010 as the category continues to be driven by the popularity of netbooks. Netbook sales more than doubled in 2009 as the computer category showed stronger sales than previous forecasts predicted. In 2010, more than 30 million notebooks will be sold, generating more than $14 billion in revenue. "Smartphones and netbooks are primed for strong growth as consumers continue to seek efficient, portable devices," said Steve Koenig, CEA's director of industry analysis. "With more consumers seeking content anywhere, anytime, the demand for products facilitating these experiences will drive purchases going forward." Blu-ray players will continue to grow after a strong 2009. Blu-ray unit sales rose 155 percent in 2009 with more than seven million units being sold, generating more than $1 billion in revenue. The trend will continue in 2010, with unit sales projected to top 11.5 million and revenues to increase to $1.4 billion. The television market has been one of the primary revenue drivers the past several years as consumers made the transition to high-definition, flat-panel sets. Unit sales will climb to more than 37 million in 2010 but price drops will cause display revenue to decline slightly to $22 billion. Innovation in TV displays, such as 3D, Internet connectivity and OLED technology, will continue to grow and help maintain revenue in the display category. CEA projects sales of more than 4 million 3D television sets in 2010. The U.S. Consumer Electronics Sales and Forecast 2005-2010 (January 2010) is published twice a year, in January and July. It was designed and formulated by CEA, the most comprehensive source of sales data, forecasts, consumer research and historical trends for the consumer electronics industry. Please cite any information to the Consumer Electronics Association (CEA)Ã‚Â®. The complete report is available free to CEA member companies. Non-members may purchase the study for $2,000 at mycea.CE.org.

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CES 2010 Underway. eReaders, 3D TV Getting the Buzz

Chris Ariens

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