DVDs to Remain Popular According to In-Stat, HD DVD and Blu-Ray to Both Win.

Discussion in 'DVD Video' started by Allan, Mar 23, 2005.

  1. Allan

    Allan Guest

    March 22, 2005 08:01 AM US Eastern Timezone

    DVDs to Remain Popular According to In-Stat, HD DVD and Blu-Ray to
    Both Win

    SCOTTSDALE, Ariz.--(BUSINESS WIRE)--March 22, 2005--New digital
    delivery services are not likely to supplant the DVD business, but
    rather bring digital entertainment to people by adding either
    convenience or accessibility that complements what the "Packaged
    Goods" can provide, reports In-Stat (http://www.in-stat.com). More
    consumers want instant access to video on their TV sets, portable
    devices and cell phone handsets, but DVDs will continue to be a
    popular medium and will continue to experience substantial growth. The
    worldwide value of all published DVD products is expected to grow with
    a compound annual growth rate of 18.2%, from about $33 billion during
    2004, up to $76.5 billion by 2009, the high-tech market research firm
    says.

    "In North America, HD DVD will jump-start a round of growth for
    high-definition versions of Hollywood movies, as consumers begin
    replacing their libraries of old VHS tapes and DVDs," said Gerry
    Kaufhold, In-Stat analyst. "HD DVDs will appear later this year, to
    take advantage of the growing installed base of HDTV sets in the U.S.
    However, we expect Blu-Ray products to take off in Asia in 2006, and
    in Europe and the ROW during 2007. Music videos, DualDisc products and
    locally produced DVDs will account for 20% of the market value by
    2009."

    In-Stat also found the following:

    -- Point-of-sale systems, like those from Rimage, will be connected to
    secure networks that are already in place to support digital signage
    applications. These kiosks will be used to "burn" DVD discs on
    command, making it possible for book stores, airport shops, coffee
    sellers, convenience markets and other retailers to sell DVDs without
    maintaining large inventories, while providing huge convenience to
    consumers.

    -- Outside of North America, Blu-Ray discs will become the dominant
    high-definition format, because it is backed by the "who's who" of
    international consumer electronics manufacturers, and ultimately
    provides more storage capacity and better features.

    -- Professional quality DVD authoring packages are becoming widely
    available, which will increase the market for locally produced DVDs
    with all kinds of "content" from local movies, musical groups,
    churches, museums, businesses and regional video producers.

    -- By 2009, nearly 55% of all TV households will be connected to at
    least one of the non-traditional network delivery systems such as
    cable TV, satellite networks, digital terrestrial TV or broadband TV
    service.

    The report, "Worldwide Electronic Entertainment: Packaged Goods Value
    And Network-Connected Households" (#IN0501914CM), examines the
    worldwide market for consumer-oriented digital video entertainment.
    The report provides in-depth discussion and analysis of five trends
    that are shaping the DVD industry, and three trends that are shaping
    network-connected TV services. It contains forecasts for the regional
    and worldwide value of DVD markets broken out by standard DVDs,
    Blu-Ray DVDs, HD DVDs and music and locally produced DVDs. It also
    includes forecasts for the number of TV households in four regions
    that will be connected to traditional, over-the-air broadcast TV,
    cable TV, pay-TV satellite services, digital terrestrial TV and
    broadband (IP-TV) video services. For more information on this report,
    please visit: http://www.instat.com/catalog/Ccatalogue.asp?id=212 or
    contact Erin McKeighan at 480-609-4551; .
    The report price is $2,995.

    http://home.businesswire.com/portal...d=news_view&newsId=20050322005115&newsLang=en






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    Allan, Mar 23, 2005
    #1
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