Date: 06/01/2011

In-Stat forecasts personal video recorder unit shipment to cross 50 Million in 2014

In-Stat has forecasted annual PVR product unit shipments will surpass 50 million by 2014 due to increase in time-shift television programming. Pay-TV service providers are deploying millions of new PVR products each year, says in-Stat.

"Historically, the PVR product segment has been a growth market, even though most unit shipments were restricted to just a few countries," says Mike Paxton, Principal Analyst. "However, over the past year PVR products are becoming more common in places such as Latin America and Eastern Europe, a development that bodes well for the near-term growth prospects of the PVR market."

New research by In-Stat reveals the following:
Worldwide revenues in 2010 are projected to increase significantly, rising by over $1.2 billion in comparison to 2009 revenues.
A key market driver for PVR products in the near-future will be digital terrestrial television (DDT) set top boxes that integrate PVR capabilities.
PVR-enabled satellite set top boxes continue to be the largest PVR product segment, followed by cable set top boxes.
In 2009, Motorola was the leading PVR product manufacturer with over 4.9 million PVR product unit shipments.