Digital consumer electronics generated $167 bln worldwide in 2006

Strategy Analytics announced that 2006 sales of digital consumer electronics reached $167 bln worldwide in 2006, an increase of 31%. But the outlook for 2007 is for a rapid slowdown as exploding demand for flat panel TV comes to an end. Strategy Analytics predicts revenues of $191 bln in 2007, an increase of only 11%. Games consoles will be the star category 2007, with Sony’s PS3 driving much of the growth.