Skip to main content

DVR Usage Surges Toward 130 Million Users

The U.S. and Europe are leading the global transition toward user-controlled TV. According to the latest report from the Strategy Analytics Connected Home Devices service, digital video recorders (DVR) are set to change television viewing for 130 million homes worldwide over the next five years.

Cable, satellite and other digital TV providers had installed 17.4 million DVRs globally by the end of 2005, and DVR manufacturers will enjoy annual sales of more than 40 million units by 2010 as increasing numbers of viewers demand more flexibility in how they watch television.

DVRs can already be found in 12 percent of U.S. homes, and this Strategy Analytics report predicts that more than half of U.S. consumers will have access to a DVR by 2010. The market has been slower to take off in Europe, but even in Europe 25 percent of homes will have DVRs by 2010, up from only 2 percent in 2005.

According to Peter King, Director of the Connected Home Devices service, "To remain competitive, manufacturers and service providers must now make the transition to IP-enabled DVR which will support multi-room television, remote recording capabilities, and access to personal content on PCs such as photos and music."

The report also includes the following findings:

-Global sales of DVRs more than doubled in 2005, rising to 9.7 million units from 4.4 million the previous year
-Global sales of IP-enabled DVRs, which were 2.8 million units in 2005, are forecast to grow to 20.4 million units by 2010

Popular posts from this blog

Industrial and Manufacturing Technology Growth

In an evolving era of rapid advancement, market demand for innovative technology in the industrial and manufacturing sectors is skyrocketing. Leaders are recognizing the immense potential of digital transformation and are driving initiatives to integrate technologies into their business operations.  These initiatives aim to enhance efficiency, reduce costs, and ultimately drive growth and competitiveness in an increasingly digital business upward trajectory. The industrial and manufacturing sectors have been the backbone of the Global Networked Economy, contributing $16 trillion in value in 2021. Industrial and Manufacturing Tech Market Development   This growth represents a 20 percent increase from 2020, highlighting the resilience and adaptability of these sectors in the face of unprecedented challenges, according to the latest worldwide market study by ABI Research . The five largest manufacturing verticals -- automotive, computer and electronic, primary metal, food, and machinery -

Rise of AI-Enabled Smart Traffic Management

The demand for smart traffic management systems has grown due to rising urban populations and increasing vehicle ownership. With more people and cars concentrated in cities, problems like traffic congestion, air pollution, and greenhouse gas emissions are pressing issues. Since the early 2000s, government leaders have been exploring ways to leverage advances in IoT connectivity, sensors, artificial intelligence (AI), and data analytics to address these transportation challenges. The concept of a Smart City emerged in the 2010s, with smart mobility and intelligent traffic management as key components.  Smart Traffic Management Market Development Concerns about continued climate change, as well as cost savings from improved traffic flow, have further motivated local government investment in these advanced systems. According to the latest worldwide market study by Juniper Research, they found that by 2028, smart traffic management investment will be up by 75 percent from a 2023 figure of

AI Software Market will Reach $251 Billion

The growth in Artificial Intelligence (AI) software could lead to many benefits. As more organizations adopt AI, they may become more efficient, productive, and able to offer improved products and services. The global job market could also expand, with demand growing for roles like AI engineers and technicians. Plus, AI apps could enable breakthroughs in fields like healthcare, transportation, and energy. The worldwide AI software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4 percent, according to the latest market study by International Data Corporation (IDC). AI Software Market Development The forecast for AI-centric software includes Artificial Intelligence Platforms, AI Applications, AI System Infrastructure Software (SIS), and AI Application Development and Deployment (AD&D) software (excluding AI platforms). However, it does not include Generative AI (GenAI) platforms and applications, which IDC recent