A Dallas-based research firm called Parks Associates just announced that they believe Blu-ray player sales will grow 800% in the next four years. Parks also believes that Blu-ray player sales will hit five million this year.
Last year the format sold a total of 800.000 players, but after HD DVD’s exit Parks forecasts that the format will reach a total of five million by the end of 2008. Parks didn’t include PlayStation 3 sales.
At Video Business they reminded us that the NPD Group predicted an increase too. NPD forecasted that standalone Blu-ray player sales will triple in 2008 and double again in 2009.
"As a category, it’s going to outpace a lot of other consumer electronics sales, because we see Blu-ray players complementing what’s happening with HDTVs overall," Kurt Scherf, principal analyst at Parks Associates, told Video Business.
Besides high expectations Scherf said that Blu-ray sales will be driven by an expansion of new movie titles from Hollywood.
22 Comments
Don't get me wrong. I have no doubt they'll be dreaming of a huge Blu-ray library, a 60" plasma screen, and dry socks while they're waiting in the soup line.
Dreaming of food NOT blue ray
This economy is going to tank and I am ready to live in a depression the question is.... is sony ready? lmao
Yo duke no woories we will just have to move down to mexico for the weather lmao...
For some reason the average person just doesn't change their TV that often. TVs get deployed on a more gradual timeline for some reason.
However, 800% growth in 4 to 5 depends on if we have a world wide great depression comes or not. Like I said though, a DVD player can be hooked into any crap TV and you'll still get some benefit out of it. With Blu-ray you won't get any benefit over a regular DVD player unless you hook it to specific equipment so they're just going to have to wait until that specific equipment hits market saturation.
Duke's line should win LINE of the year on cdfreaks!!!
"Don't get me wrong. I have no doubt they'll be dreaming of a huge Blu-ray library, a 60" plasma screen, and dry socks while they're waiting in the soup line."
Enough Said the economy will now determine if BlueRay will indeed grow or not.. !!!
. Thanks for explaining economics to us. I feel better now.
@ CJF1983
Dude, please use some punctuation every now and then. My eyes hurt. Also, have someone look over your spelling before you post. And I agree with you 100%. People should be paying their bills and saving right now. There is a reason they're called luxury items.
@ Coolios
LOL. Thanks for the support.
@ Everyone on CDFREAKS
I don't want to come off as a fear mongerer. The facts are that the global economy is in trouble and Blu-ray is the last thing on people's minds. I was going to buy a $1,400 Samsung washer and dryer this weekend, but I think I'll hold off. I have a wife and a son to worry about. My wife and I make good money and I have a few grand in the bank, but nobody knows what's going to happen in the next few weeks and months. I may need that money to make a mortgage payment down the line or buy food for a few months. I found out yesterday that one of my uncles, who is retired, has lost tens of thousands of dollars thanks to the stock market collapsing.
No matter what happens, I wish everyone here financial stability and well-being for you and your family. If you have DVD or Blu-ray, then cook up some popcorn and watch a movie at home. Save your money for an uncertain future.
Peace, my friends.
. I'm sorry if you're insulted, but I wasn't trying to be nasty. Reading posts written in haste, riddled with spelling mistakes, and containing almost no punctuation hurts my eyes. I just read your last post and it's nothing more than a run-on sentence. People should proofread what they write. I'm sure I'm not alone in thinking this.
Yes, Wall Street did lie to people. They lent them money they couldn't repay. I'll go so far as to say this whole global economic problem stems from the US. The Canadian banking system is designed differently and has tighter controls over money lending, so we're a bit better off. However, the US is our biggest trading partner and when it suffers, we suffer. Yes, companies like AIG have contributed to the problem. It all adds up.
I see nothing has changed from several months ago and apparantly Blu-Ray is immune to the economic crisis everyone has been hit with..
First - NPD hasn't reported stand alone Blu-Ray player sales this year because (according to NPD) they have been too low to report. When your sales are almost zero it's very easy to "double" or "triple" sales. Remember the old Firefly quote: "Take that nothin', into nothin', carry the nothin'... is nothin'!"
Second, isn't this the same group that predicted they would sell 40 million Blu-Ray discs this year? Despite only having sold 7 million or so through the first half of the year?
Lots has changed. Haven't you been reading all of Sony's "Blu-ray has conquered DVD" news releases? Dude, they're totally kicking ass.
@ jordanlund
I have a better chance of getting hit by lightning than seeing someone buy a standalone Blu-ray player while I'm standing in line at Future Shop. I've already seen prices at $199 for Insignia profile 1.1 players. I bet we see $149 by Boxing Day. Then, come the new year, buy the big bag of BBQ Fritos at Costco and get a free profile 1.1 Blu-ray player. I wish I was a fly on the wall at Sony's next shareholder meeting. It's gonna be fun.
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