TV Prices are Currently the Highest They've Been in Over Two Years

Posted Tue Jul 31, 2012 at 09:00 AM PDT by Dick Ward

The primary difference seems to be more featured TVs and a rise in the share of higher-end sets.

The average retail price of a high-deft television has reached $1,224 – the highest price since the first quarter of 2010 and a significant step up from 2011. The difference, according to research firm IHS, is the rising popularity of connected, LED backlit and 3D TVs.

The market share of 3D sets rose by around three percent, while LED backlit and Smart TV sets increased by around four percent. There's some overlap in there of course, but with numbers like these there's no denying that people are developing an appetite for higher-end sets.

While most prices increased, a few went down. The average for a 32" set, for example, shrank from $495 to $435.

Source: Home Media Magazine

See what people are saying about this story in our forums area, or check out other recent discussions.

Tags: Industry Trends, HDTVs, 3D TVs, Connected TVs (all tags)