Blu-ray Leads Adoption of Next-generation DVD players in the U.S.

Jul 26, 2007

As consumers continue to embrace more high-definition products and services, next-generation DVD players are poised to experience significant growth over the next five years, according to a new report from Parks Associates titled "Next Generation DVD Players: Will History Repeat?"

The new report estimates that, with set-top box models and game consoles combined, more than 32 million Blu-ray and HD DVD players will be sold in United States by 2011, an 85% increase from the 4.9 million units estimated to be sold in 2007.

"Purchasing or renting DVDs will continue to be a dominant way for consumers to view content," stated Chris Roden, Research Analyst at Parks Associates. "What has yet to be determined is which format will become the standard, HD DVD or Blu-ray?" According to the report, consumer confusion is still prevalent with less than 10% of U.S. consumers stating that they are familiar with the HD DVD or Blu-ray formats.

"However, we are starting to see the pendulum swing slowly in one direction," said Roden. "Recent retail developments, support from major Hollywood studios, and inclusion of the format in the PlayStation 3 puts the Blu-ray format in the lead."

In "Next Generation DVD Players: Will History Repeat?," Parks Associates investigates consumer preferences and industry support for the competing DVD formats, with analysis of market strategies and adoption and a prediction of the outcome in this standards battle

Source: Parks Associates

Explore further: Privacy groups take 2nd hit on license plate data

add to favorites email to friend print save as pdf

Related Stories

Line says no IPO this year

29 minutes ago

The Japan-based operator of popular mobile messaging app Line said Monday it has decided not to go ahead with an initial public offering in Japan or overseas this year.

Recommended for you

Privacy groups take 2nd hit on license plate data

Sep 19, 2014

A California judge's ruling against a tech entrepreneur seeking access to records kept secret in government databases detailing the comings and goings of millions of cars in the San Diego area via license plate scans was ...

Scots' inventions are fuel for independence debate

Sep 17, 2014

What has Scotland ever done for us? Plenty, it turns out. The land that gave the world haggis and tartan has produced so much more, from golf and television to Dolly the Sheep and "Grand Theft Auto."

White House backs use of body cameras by police

Sep 16, 2014

Requiring police officers to wear body cameras is one potential solution for bridging deep mistrust between law enforcement and the public, the White House said, weighing in on a national debate sparked by the shooting of ...

Chinese city creates cellphone sidewalk lane

Sep 15, 2014

Taking a cue from an American TV program, the Chinese city of Chongqing has created a smartphone sidewalk lane, offering a path for those too engrossed in messaging and tweeting to watch where they're going.

Coroner: Bitcoin exchange CEO committed suicide

Sep 15, 2014

A Singapore Coroner's Court has found that the American CEO of a virtual currency exchange committed suicide earlier this year in Singapore because of work and personal issues.

User comments : 0