Shipments of High-Definition televisions this year surpassed that of standard TVs, according to iSuppli, a leading market researcher.Significant price reductions and the increasing availability of content over multiple distribution channels are the key drivers behind HDTV sales.
And don't all sports events look better in HD?
As a result, HDTV shipments are expected to increase at a compound annual growth rate of 20% from 97.1 million units last year to 241.2 million by 2012. In 2008, HDTV shipments will reach 124.2 million units, while non-HDTV shipments fall to 86.6 million.
With the technology everywhere these days -- on broadcast television, cable, satellite and the Internet, you can't escape hearing about something being broadcast in HD or getting the most out of your HD receiver or the most HD channels available.
Shipments of standard definition TVs (STVs), on the other hand, are expected to decline at a rate of 27% from 114.8 million units in 2007 to 23.1 million units by 2012, iSuppli said.
More at InformationWeek.
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