TVs and Smart TVs: Industry Analysis
The television industry seems to have fallen into a downward slope over the past five years as revenues have fallen 49%; however, at the same time, volume sales have actually increased (“Televisions”). This anomaly was due to an overproduction period that resulted in a price dive for TVs, which consumers were more than eager to snap up at such low prices (“Televisions”). Though revenues are expected to continue decreasing for the time being, interest in televisions with new and more numerous functions (such as the Samsung Smart TV) are expected to create an upturn in both the revenues and the sales of televisions between 2015 and 2017 (“Televisions”).