DVD recorder sales will pass DVD players within three years; Format and vendor rivalry helps drive revenues to $1 billion this year.

0 Comments | M2 Presswire, March, 2003

M2 PRESSWIRE-13 March 2003-STRATEGY ANALYTICS: DVD recorder sales will pass DVD players within three years; Format and vendor rivalry helps drive revenues to $1 billion this year(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:03122003 London, England - According to new research from Strategy Analytics, DVD video recorders are set to become the next hot trend in digital consumer electronics.

The findings, released to subscribers to the Broadband Device Strategies service, show that worldwide sales this year will reach 2.7 million units and be worth $1 Billion in retail revenues. By 2005, consumers will spend more on DVD recorders than on play-only DVD players. Falling DVD recorder prices are being driven by competition between different format vendors and by new...