Rising from a base of 25% of the TV sets shipped globally in 2011, IMS Research forecasts that Internet-connected TVs will compose nearly 70% of all TV sales by 2016, resulting in more than $117 billion in revenues. According to the recently released report, “Connected TV Sets – World – 2012,” Internet connectivity, once a standard only on high-end TVs, is fast being featured on mid-level models, which will only spur the growth of Internet-connected televisions. The report goes on to state that proprietary operating systems will remain the main type used by manufacturers in the next five years, although Android OS will start gaining presence and is expected to reach a significant share of the market by 2014.

For more information, see http://imsresearch.com/press-release/Connected_TV_Set_Shipments_Will_Grow_to_70_Percent_during_2016_According_to_IMS_Research&from=all_pr