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By RS Staff, September 30, 2008
Port Washington, NY -- According to an online poll conducted by market
researcher, The NPD Group, 45 percent of HDTV owners in the U.S. now
claim to be familiar with
Blu-ray Disc (BD). This number is up from 35 percent in June 2007.
While only six percent of all consumers surveyed said they plan to
purchase a BD device, NPD found purchase intent to be higher among the
growing population of HDTV owners, boding well for the future of the
format.
NPD's "2008 Blu-ray Disc Report" reveals that 9 percent of HDTV owners
plan to buy a BD-capable player in the next six months. "With HDTVs now
in approximately 40 million U.S. households, that percentage translates
to a pool of almost 4 million potential BD player buyers," according to
Russ Crupnick, entertainment industry analyst for NPD.
Nevertheless, manufacturers still face challenges. Although HD-DVD is
no longer a competitive threat, many consumers are content with
standard-definition DVD players and content. The leading reasons cited
as barriers to purchase were a perceived high cost of BD players and a
belief that standard-definition DVD is "good enough."
Consumers who purchased a BD set-top player cited "leading-edge
technology" and a "superior viewing experience" as primary reasons for
making the purchase. And they indicated a clear preference for BD
content. In fact current BD set-top player owners expect that 80
percent of their upcoming purchases will be in BD rather than standard
DVD. By comparison, 43 percent of PS3 owners use the BD capability in
their consoles at least once a month; however, they do not view BD
movies as often as set-top device owners do.
"The door is open for studios to feed the consumer's appetite for
Blu-ray content, and we expect sales to increase, as prices for
hardware and software moderate in the coming months," Crupnick said.
"Even so it will take a concerted effort by manufacturers and retailers
to ratchet awareness even further and convince all of those potential
buyers of the superiority of Blu-ray Disc versus standard DVD."
Data was collected via online survey, which was fielded between March
10 and March 20, 2008. Final data for the nationally representative
sample was weighted to represent the U.S. population of individuals age
18 and older.
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