HDTV Homes to Grow Over Three-Fold to 150 million by 2011
HDTV homes worldwide
are expected to hit 151 million by 2011, an increase of more than three
times from the 48.2 million house holds at the end of 2006, according a
new report "HDTV: A Global Analysis" from Informa Telecoms
& Media.
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Nearly
60% of communications industry executives from 46 countries believe that
Internet Protocol Television (IPTV) can generate significant revenue
within the first three years of service, according to findings of a
survey by Accenture (ACN) and the
Economist Intelligence Unit (EIU).
Global digital music sales almost doubled in 2006 to
$2 billion,
or about 10% of all music sales, from 5.5 % in 2005,
Overall
U.S. music sales, including album sales (CDs and digital albums) and
single digital track sales, rose 19.4% to 1.19 billion units in 2006,
according to music tracker Nielsen SoundScan. Digital track sales rose 65%
to 581.9 million units, while digital
album sales more than doubled to 33 million units d in 2006.
The
global market for digital recorded music, delivered via broadband and over
mobile phones, is expected to grow nearly 600% from $$2.7 billion in 2005
to reach $14.9 billion by 2010,
Worldwide
consumer spending will increase 32% on digital home devices to reach $159
billion in 2006, according to Strategy Analytics research.
In
the wake declines in rental revenue and the HD-DVD format war, the home
video industry sales will drop 0.4% in 2006 to $24.1
billion, according to Kagan Research's new study THE
STATE OF HOME VIDEO. The video rental revenues are expected to be
off 8.3% to $7.2 billion while sell-through revenue is estimated to grow
3.4%, with DVD revenue hitting $16.8 billion.