Digital products like flat screen TVs, MP3 players and game consoles are driving a boom in the consumer electronics (CE) market across Europe, with the UK top of the heap. According to the European Information Technology Observatory (EITO) the market has grown by 9.2 per cent in 2005 to an overall value of 36.7bn. MP3 players experienced the highest growth at 98 per cent, while flat-screen TVs and projectors have outsold traditional cathode ray tube (CRT) TVs for the first time. Thankfully, for us consumers, demand has resulted in severe price competition in most sectors. In terms of growth, Italy has grown fastest by 13.6 per cent, followed by Spain and Germany. The UK, described by EITO as "technically enthusiastic", managed to grow by 9.1 per cent but remains the biggest market by far at £8.6bn.

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This post originally appeared in InterActive Home, thanks Martin