HDTV market to boom, study says

As many as 10 million homes worldwide currently have high-definition TV sets, and that number will grow more than 50 percent to reach 15.5 million by the end of the year, according to a new study.

The study released Monday by market researcher In-Stat showed that the boom will continue in coming years and that by 2009, the total number of households that watch TV programs from an HDTV set will soar to 52 million.

But several stumbling blocks could slow the spread, including the need for more content and public confusion about the technology, In-Stat analyst Mike Paxton said in a statement. The lack of adequate HDTV content has disappointed many consumers, even prompting some to go so far as to return the TV sets.

The In-Stat study also noted that the United States is one of the fastest-growing HDTV markets; the number of households with high-definition TV sets in the country went up 150 percent to 4 million in just one year. Other major markets are Australia, Japan, South Korea and Canada.

According to the researcher, nearly 45 percent of HDTV households receive their service from a satellite TV service provider, with terrestrial broadcasters and cable TV operators accounting for the rest of the market share.

Biggest Hurdle: Cost

I was at the electronics store yesterday, and spent time looking at the HDTV choices. The biggest problem I see is that the sets are way too expensive still, ranging from $1500 (for a tiny one) to nearly $10k! For anything reasonably sized, we're talking $3000!

If the manufacturers want a higher adoption rate, they need to get the costs down substantially.

Biggest Hurdle: Cost

I was at the electronics store yesterday, and spent time looking at the HDTV choices. The biggest problem I see is that the sets are way too expensive still, ranging from $1500 (for a tiny one) to nearly $10k! For anything reasonably sized, we're talking $3000!

If the manufacturers want a higher adoption rate, they need to get the costs down substantially.

[baggyguy1218]

Tiny?

I dont know what your term tiny is implying buddy! Last time I checked 44 inches was good enough for most people. Also where is this electronics store you went too? I need to know so that I never go there to buy anything! I bought a Toshiba DLP and I think its great, especially in HD. Maybe ou should check another store and get back to me, or maybe you shouldnt shop at a drugstopre for your HD tvs.

[baggyguy1218]

Tiny?

I dont know what your term tiny is implying buddy! Last time I checked 44 inches was good enough for most people. Also where is this electronics store you went too? I need to know so that I never go there to buy anything! I bought a Toshiba DLP and I think its great, especially in HD. Maybe ou should check another store and get back to me, or maybe you shouldnt shop at a drugstopre for your HD tvs.