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News
JupiterResearch Forecasts HDTV Sales in the U.S.
Will Grow Dramatically Over the Next Five Years, Constituting 70%
of All TV Sales by 2010 (2/11/2005)
JupiterResearch, a division of Jupitermedia
Corporation (Nasdaq: JUPM), today announced the publication of its
HDTV forecast for the U.S. entitled "U.S. HDTV Forecast 2005 to
2010: Managing Consumer Perceptions to Gain Market Share," which
presents JupiterResearch's latest projections of the growth of HDTV
and specific display technologies in the American market. According
to the report, HDTV will experience significant growth in the United
States over the next five years. By the end of 2004, HDTV sets made
up 21% of overall TV sales; that number will rise to 70% of overall
TV sales by the end of 2010. Additionally, 63% of U.S. TV households
will have an HDTV set by 2010.
"After a slow start, HDTV is beginning to
generate real consumer appeal. We attribute this to the increase
availability of HD content as well as the growing number of HD sets
available at retail," said Joni Blecher, associate analyst at JupiterResearch.
"Consumers traditionally think of TV purchases as a long term investment
and are seeking a replacement in the home that has longevity and
will work with the future digital TV standards," added Blecher.
The JupiterResearch report also addresses
the multiple display technologies that support HDTV, dividing them
into four categories: Plasma, LCD, Direct-view CRT and Projection.
JupiterResearch forecasts LCD flat screens and projection displays
will make up the majority of U.S. sales by 2010.
"With prices dropping, greater prominence
in the retail channel and the impact of the FCC's digital tuner
mandate on manufacturers, we are forecasting a steady increase in
HDTV unit sales over the next five years," said David Schatsky,
Senior Vice President of Research at JupiterResearch.
www.jupiterresearch.com
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