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PRESS RELEASE

2 DEC 2003

Parks Associates Puts Portability in Perspective

ContactPRESSROOM | PRESS RELEASE ARCHIVE  2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998

PC and CE Players to Drive Multimedia Networks in the Home

Large-scale availability of content across platforms, technical advances in connectivity, consumer appetite for digital entertainment converge to drive new markets

The convergence of industry developments and strong consumer demand for connected entertainment at home will drive multimedia networks to exceptional growth over the next five-year period, a new report from Parks Associates concludes. According to Multimedia Networks in the Home: Analysis and Forecasts, the market opportunity for multimedia connectivity – including PCs, mobile platforms, and consumer electronics devices – will reach annual node shipments of 120 million units by the end of 2008.

“Home networking and other technologies have reached an appropriate level of maturity so that both PC and CE vendors can now fully address connectivity for a myriad of devices in the home,” said Kurt Scherf, vice president of research. “The early gains in this market will belong to vendors of media PCs and digital media receiver/adapter (DMR/DMA) solutions, who deploy solutions that leverage the storage and processing power of the home computer for multimedia applications across platforms. The consumer electronics industry will simultaneously be deploying both mobile and fixed platforms. These digital imaging products, hard-disk storage servers, DVD players with integrated functionality, and game consoles will be among the many devices that will drive multimedia connectivity to the mainstream market.”

Parks Associates’ report Multimedia Networks in the Home: Analysis and Forecasts addresses the prospects for entertainment connectivity in the home. The report, with more than 90 pages of analysis and nearly 100 charts and figures, includes profiles of platforms from both the PC and CE industries and examines the underlying drivers for the growth of multimedia networking. For more information on this or other Parks Associates’ research, please contact Parks Associates at 972-490-1113 or at sales@parksassociates.com.

For more information about the home networking market, download the white paper The Home Network Market: Data and Multimedia Connectivity at www.parksassociates.com.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates co-hosts executive thought leadership conferences CONNECTIONS™ and CONNECTIONS™ Europe in partnership with the Consumer Electronics Association (CEA®). In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.parksassociates.com | http://www.connectionsconference.com | http://www.connectionseurope.com | http://www.connectionsindustryinsights.com

 

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