Thu, Feb 23, 2012, 9:51 AM EST - U.S. Markets close in 6 hrs 9 mins

Market Research Projects HDTV Home Penetration at 652 Million by 2016

ROCKVILLE, MD--(Marketwire -01/24/12)- MarketResearch.com has announced the addition of the new report "HDTV, 3DTV and DVR Forecasts" to their collection of Broadcasting & Cable market reports. For more information, visit http://www.marketresearch.com/Digital-TV-Research-v3873/HDTV-3DTV-DVR-Forecasts-6766157/

HD-ready penetration will double from 25.9% at end-2011 to 50.9% in 2016. However, HD-ready penetration will be higher than 80% in 18 countries by 2016.

Simon Murray (author of the "HDTV, 3DTV and DVR Forecasts" report) said: "Most sets on sale in developed markets are now HD compatible, with a growing proportion also providing 3D functionality. Retail prices are falling as production reaches economies of scale, as competition increases and as consumer acceptance grows."

More than 300 million HDTV-ready households existed at end-2011 for the 40 countries covered in the report. The US supplied 79 million of the total, followed by China (35 million) and Japan (24 million).

The HD-ready household total will more than double to 652 million by 2016. China will become the market leader, by providing 151 million homes -- up by 116 million from 2011.

For more information, visit http://www.marketresearch.com/Digital-TV-Research-v3873/HDTV-3DTV-DVR-Forecasts-6766157/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com.

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