725% Growth in Recordable DVD Sales for 2002?


DVD drive sales will grow from 1.3 million units in 2001 to 9.8 million in 2002, more than 30 million units in 2004, and 50+ million in 2005. At least this is what Jon Peddie says in his speech at the Recordable DVD Council's press conference earlier today. Jon Peddie, a guy with 17 years of experience in digital marketplace, predicts that both consumers as businesses still have to discover the world of DVD.

Two key factors were cited for stimulating the RDVD market's growth: compatibility and lower prices. The growing number of firms shipping Forum-compliant DVD-RAM, DVD-R and DVD-RW drives and media will bring drive prices below $400 by the end of the year, and recordable DVD media will drop to less than $3 for a write-once 4.7GB DVD-R disc that can be played in virtually every DVD drive and player.

Peddie pointed out that with the latest generation of DVD recorders, consumers can capture television shows and randomly watch the shows at their convenience. ``But,'' he emphasized, ``with all of the digital camcorders that have been purchased this past year, consumers want to do more than just watch videos. They want to produce their own high-quality movies and share them on the same medium. DVD Forum-standard recordable DVD enables consumers to quickly and easily move their work from the camcorder to their PC to their DVD player and the TV set. ''Whether it's your own video or a show you captured, the quality will be the same after decades as the day it was recorded,`` Peddie continued. ''Recordable DVD is a great way to preserve and share wedding, birthday and family events.

The members of the council have several plans to boost the sales and promo of the DVD standard. We will see... maybe other alternatives become attractive too. However I personally think DVD will become the #1 standard.

BTW: On this conference they also showed a new recordable DVD drive that reads and writes DVD-RAM, DVD-R, and DVD-RW media as well as CD-R/RW media!

Source: Yahoo

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