Japan's TV and video market set to decline
Louise Duffy | 19-08-2012
The Japanese TV and video market will decline in the next five years, according to a report by analyst firm Research and Markets.
It had total revenues of $22.9 billion in 2011, representing a compound annual growth rate (CAGR) of 0.3% between 2007 and 2011.
The TV segment was the market's most lucrative in 2011, with total revenues of $18.3 billion, equivalent to 80% of the market's overall value.
However, the performance of the market is forecast to decline, with an anticipated compound annual rate of change (CARC) of -4.4% for the five-year period 2011 - 2016, which is expected to drive the market to a value of $18.3 billion by the end of 2016.
The TV & video market consists of sales, through all retail channels, of TV displays (traditional CRT, plasma, LCD and projection televisions), VCR hardware, DVD hardware, Blu-ray hardware, camcorders and video cameras as well as set top boxes (STBs).
For the full report see TV & Video in Japan by Research and Markets