North America with the
Highest Adoption Rate
Boston, MA - November
7, 2012
– Despite the slower than expected growth in the Blu-ray disc player market,
the global installed base of standalone Blu-ray Disc (BD) players will hit the
100 million unit mark by the end of 2012, according to Strategy Analytics
recent forecast, “Blu-ray
Disc Player Forecast by Country”. Over 27 percent of North American
consumers own at least one standalone Blu-ray Disc players in 2012, but the
global penetration rate is only just reaching 5 percent.
“Content
streaming and increasing broadband capacity is clearly posing serious threat on
physical media. However, the demand for better and stable quality of video
content and the lack of sufficient Internet bandwidth in some regions are
driving the growth of BD Player.” says report author, Jia Wu, Director of
Strategy Analytics’ Connected
Home Devices service. “The TV industry will gradually move to 4K Ultra HD
in the next couple of years, and if the Internet bandwidth cannot catch up for
high quality video streaming, it is likely that they will opt for a stable high
quality entertainment experience.”
“Blue-ray disc
players are the forgotten technology of the digital age, but have the potential
to play a key role in delivering smart TV services and apps,” notes David
Mercer, VP and Principal Analyst at Strategy Analytics. “In fact Blu-ray was one of the first mass
market consumer platforms to support internet-delivered video services. Blu-ray vendors could do a better job of
emphasizing these benefits alongside the obvious superiority of the Blu-ray
format in delivering 1080p video quality.”