Long-Term Prospects Bright For Maturing PVR Market According to In-Stat

SCOTTSDALE, Ariz. — The Personal Video Recorder (PVR) market is starting to show signs of maturation, reports In-Stat. These signs include expanding geographic availability of PVR products, particularly into Europe and Asia, and a leveling out of both PVR unit shipments and product revenues, the high-tech market research firm says. In 2008, PVR product unit shipments are forecasted to surpass 22.6 million, up from 19.6 million in 2007.

“Long-term prospects for the market remain bright, as strong demand from pay-TV service providers for PVR-enabled digital set top box products will sustain growth,” says Mike Paxton, In-Stat analyst.

Recent research by In-Stat found the following:

• The worldwide installed base of PVR products is on track to reach 44.6 million at year-end 2007, up from 33.9 million at the end of 2006.
• TiVo Inc. remains the top PVR service provider, measured by total service subscribers. The rest of the top five PVR service providers are EchoStar, Comcast, Time Warner Cable, and BSkyB.
• By 2011, annual worldwide PVR product unit shipments are projected to reach 31.6 million.

The research, “PVR Products: The Market Matures” (#IN0703640ME), covers the worldwide market for Personal Video Recorder products. It discusses the functionality of today’s PVR products, and provides information about key PVR manufacturers, leading service providers, and the important trends that are shaping the PVR market. The research provides worldwide PVR unit shipment and revenue forecasts, unit shipments by geographic region, and unit shipment forecasts by product type. It also provides the results of a US consumer survey about PVR adoption and usage.