Skip to main content

U.S. HDTV Set Penetration Forecast

High-definition television (HDTV) will make great strides over the next five years, with market penetration growing from 21 percent at the end of 2004 to 2010, when 70 percent of all televisions sold will be HDTV sets, and 63 percent of U.S. households will own an HDTV set, according to a report from JupiterResearch.

"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 JupiterResearch associate analyst Joni Blecher. The report also forecasts that LCD flat screen and projection display sets 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 JupiterResearch senior vice president David Schatsky.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without