[opendtv] PR: For High-Definition Television, Supply Must Drive Demand, says ABI Research
- From: Craig Birkmaier <craig@xxxxxxxxx>
- To: OpenDTV Mail List <opendtv@xxxxxxxxxxxxx>
- Date: Wed, 24 Aug 2005 08:39:08 -0400
For High-Definition Television, Supply Must Drive Demand, says ABI Research
August 24, 2005 12:00am
Source: Business Wire
OYSTER BAY, N.Y.--(BUSINESS WIRE)--Aug. 23, 2005--High-definition
television has been available for some time now, but sales have not
been growing at astronomical rates compared to other emerging digital
technologies. Why haven't consumers jumped on the HDTV bandwagon with
more enthusiasm?
According to a new study from ABI Research, the HDTV market is, and
will remain for some time, an exercise in supply driving demand. "The
Future of the High Definition Television Market" examines key
drivers, enablers and hurdles for the future of the HDTV market, with
a focus on consumer electronics vendors.
"Does an upgrade from standard television to HDTV provide the same
kind of enhanced experience as going from black-and-white to color?"
asks Vamsi Sistla, the company's director of residential
entertainment technologies. "Or is it more like going from real-time
viewing to the time-shifted experience of personal video recorders?"
The former, he points out, is a purely aesthetic experience, while
the latter changes consumers' viewing habits. Upgrading to HDTV,
Sistla believes, is like moving to color, but not even as dramatic.
"Most consumers, having lived happily with standard TV, are not going
to pay a hefty premium to move to HD today. Those who will upgrade
for picture quality alone are a niche group, especially as long as
the amount of available high definition programming remains small."
And why is there relatively little HD content? Because of the small
audience base. This "catch-22" situation is well-understood, says
Sistla, but the fact remains that "critical mass" for the HDTV market
will only arrive when the equipment becomes sufficiently commoditized
to drive prices down, and conventional TVs start to fade from the
market. Only when consumers view conventional television as having
reached its use-by date will large numbers of them be prepared to
spend the premium for HDTV.
What does this mean for the markets? Vendors must simply persevere
and produce as many sets as possible, waiting for the day when supply
will truly drive demand.
Founded in 1990 and headquartered in New York, ABI Research maintains
global operations supporting annual research programs, intelligence
services and market reports in automotive, wireless, semiconductors,
broadband, and energy. For information visit www.abiresearch.com, or
call +1.516.624.2500.
CONTACT: ABI Research Beth Schechner, +1-516-624-2542
pr@xxxxxxxxxxxxxxx KEYWORD: NEW YORKINDUSTRY KEYWORD:
COMPUTERS/ELECTRONICS TELEVISION/RADIO CABLESOURCE: ABI Research
<<Business Wire -- 08/24/05>>
<< Copyright ©2005 Business Wire >>
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