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As Blu-ray overtakes standard-definition as the primary type of disc player in the U.S., however, video-on-demand services will likely start pulling sales from packaged media. By 2017, about 99 million U.S. homes will have high-speed Internet service capable of processing video-on-demand, compared with 115 million homes with high-definition disc players, according to SNL Kagan.
"Blu-ray will be the driving force behind the video retail market throughout the next decade. The current economic climate, however, will slow the growth of this new format and likely keep it from reaching the heights that it may have in better times," SNL Kagan analyst Wade Holden said in a statement last week. "VOD services will continue to improve in both technology and content over the next decade and begin to draw consumers away from Blu-ray and DVD by 2017."
As Blu-ray overtakes standard-definition as the primary type of disc player in the U.S., however, video-on-demand services will likely start pulling sales from packaged media. By 2017, about 99 million U.S. homes will have high-speed Internet service capable of processing video-on-demand, compared with 115 million homes with high-definition disc players, according to SNL Kagan.
"Blu-ray will be the driving force behind the video retail market throughout the next decade. The current economic climate, however, will slow the growth of this new format and likely keep it from reaching the heights that it may have in better times," SNL Kagan analyst Wade Holden said in a statement last week. "VOD services will continue to improve in both technology and content over the next decade and begin to draw consumers away from Blu-ray and DVD by 2017."
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Still, last year, U.S. home entertainment spending fell 5.7% from 2007 to $21.7 billion, despite Blu-ray sales tripling to about $750 million, according to data compiled by Video Business and Rentrak, reflecting the combination of DVD maturing, a stalling economy and the growth of a digital-delivery industry expected by many analysts to more than double within the next four years.
Meanwhile, the number of programs video-streamed or downloaded by broadband customers to their TVs will jump tenfold between 2009 and 2013 as the number of broadband-video, customers almost doubles from this year to about 940 million people worldwide, according an ABI Research report released in December.
Companies such as Netflix, Amazon.com and Blockbuster are expanding their digital-delivery services to prepare for growth in demand for movie and TV titles that can be downloaded or video-streamed through a broadband connection.
Still, last year, U.S. home entertainment spending fell 5.7% from 2007 to $21.7 billion, despite Blu-ray sales tripling to about $750 million, according to data compiled by Video Business and Rentrak, reflecting the combination of DVD maturing, a stalling economy and the growth of a digital-delivery industry expected by many analysts to more than double within the next four years.
Meanwhile, the number of programs video-streamed or downloaded by broadband customers to their TVs will jump tenfold between 2009 and 2013 as the number of broadband-video, customers almost doubles from this year to about 940 million people worldwide, according an ABI Research report released in December.
Companies such as Netflix, Amazon.com and Blockbuster are expanding their digital-delivery services to prepare for growth in demand for movie and TV titles that can be downloaded or video-streamed through a broadband connection.
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Amazon, the world's largest Internet retailer, said it would make its 40,000 video-on-demand titles available for video-streaming through a Roku set-top box.
Amazon, the world's largest Internet retailer, said it would make its 40,000 video-on-demand titles available for video-streaming through a Roku set-top box.
http://www.videobusiness.com/article...dustryid=47213
