Take a look at your living room – does it have a flat screen TV? Surely you would own something as basic as that, which just goes to show how technology has progressed with time. Well, flat screen TVs are nothing new or to fawn over, but Smart TVs, these are a different breed of their own. You will not be able to find a Smart TV that is of the fat, chunky CRT variety for the simple fact that nothing like that exists. US firm Strategy Analytics have stepped forward to say that there are now 104 million Smart TVs installed worldwide, although out of the 104 million, chances are those which have actually hooked up to the Internet and see regular use by their owners would be a whole lot lower in real life.
For leading markets such as the US, household penetration of Smart TVs are said to have exceeded 20%. China, the world’s second largest economy, is also said to be catching up fast and furious with the nouveau rich there, and in all probability, would exceed those of the US sometime in 2013. This should not come as a surprise considering the population that China has and its growing middle class. It is rather surprising to note that Japan remains the largest market for smart TVs at the moment, boasting an installed base of 21.1 million units, while across the pond, Germany and the UK are firmly planted in the top five, with 7.1 million and 6.8 million, respectively.