Connected Living Room Market Estimated to Reach $957 Billion by 2020
According to a MarketsandMarkets recent market research report "Connected Living Room Market by Products (Smart/3D, LED/LCD/OLED TV, set top box, Home theater (Projector, Audio Equipment), Blu-ray player, Gaming console), Technology (Processor, Memory, Sensor, Connectivity) & Geography - Global Trend & Forecast to 2013 2020, the global Market is expected to cross US $957.65 Billion by 2020, at a CAGR of 6.8% rate from 2014 to 2020.
IKEA has partnered with Chinese electronics manufacturer TCL to create a new range of furniture called UPPLEVA. The all in one self-assembly range will feature built in internet enabled DVD, CD, Blu-ray player and LED TV. IKEA said they came up with this because they found that people want to get rid of the cables and they don't want those mountains of remote controls either.