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Article: Strong Demand for PVR and HD Boxes Boosts the Cable Set Top Box Market Reports In-Stat/MDR.
- Article from:
- Business Wire
- Article date:
- November 17, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SCOTTSDALE, Ariz. -- After suffering through a down year in 2003, the market for cable set top boxes is bouncing back in 2004, according to In-Stat/MDR (http://www.instat.com). The high-tech market research firm reports that total worldwide digital cable set top box unit shipments this year are projected to reach 10.87 million, an increase of 11% over 2003. North American cable TV operators, who have been continually increasing their orders for both Personal Video Recorder (PVR)-enabled boxes and high-definition (HD)-enabled boxes, are fueling the majority of this growth.
Beyond this, Mike Paxton, a senior analyst with In-Stat/MDR, noted, "Worldwide demand for ...