NEW YORK--(BUSINESS WIRE)--Reportlinker.com announces that a new market research report is available in its catalogue.
Worldwide Demand for Digital Radio Continues to Rise
http://www.reportlinker.com/p0154096/Worldwide-Demand-for-Digital-Radio-Continues-to-Rise.html
Consumer confidence is at its weakest point in over a decade; nevertheless the worldwide market for digital radio experienaced year-over-year growth of 85% between 2007 and 2008. A major factor driving this growth was the progress in digital multimedia broadcast (DMB) service in Korea and China.
Another primary driver for digital radio market growth was further developments in the HD radio market, such as the introduction of portable HD radio receivers. Also, the merger between XM and Sirius did not deter demand for satellite radio receivers in the US. Outside the US, digital audio broadcasting (DAB) technology is the leading form of digital radio technology, and has reached mass-market status within the UK.
The global market for satellite and terrestrial digital radio, combined, will grow from 12 million unit shipments in 2007, to 55 million unit shipments in 2012. Additional market drivers include falling receiver prices, an increase in the amount of digital programming, significant boosts in the promotion and advertising of digital radio, and the enhanced functionality of digital radio receivers.
In-Stat's latest report on the digital radio market offers worldwide unit shipment and revenue forecasts for digital radio receivers. A forecast for US satellite radio subscribers is also included.
Executive Summary
Introduction
Digital Audio Broadcasting
HD
Radio
Eureka 147
ISDB-T
S-DARS
DMB
Digital
Radio Developments, by Country
Europe
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Worldwide Demand for Digital Radio Continues to Rise
http://www.reportlinker.com/p0154096/Worldwide-Demand-for-Digital-Radio-Continues-to-Rise.html
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