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Analyst Predicts 725% Growth in Recordable DVD Sales for 2002 | |
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| Time: 05:35 EST/10:35 GMT | News Source: Yahoo News | Posted By: Matthew Sabean | ||
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During his presentation at the Recordable DVD Council's (RDVDC) CES press conference today, Jon Peddie, president of Jon Peddie Research, predicted that Recordable 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. Members of the RDVDC, a coalition of 83 leading DVD technology developers and manufacturers who are working to expand the understanding of the DVD Forum's recordable DVD formats (DVD-RAM, DVD-R, DVD-RW), were confident that they could meet the growing demand. Drawing on more than 17 years of experience in analyzing the digital marketplace, Peddie also discussed the factors that are driving RDVD growth. ``With the release of the DVD Forum's new DVD Multi specifications and the growing number of affordably priced multifunction Recordable DVD drives and recorders that are available, consumers and businesses are discovering that they can be a part of the DVD world,'' said Peddie. | ||
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